Joseph Cassano has come home to face the music. The former AIG executive closely associated with one of the most sensational collapses in corporate history, recently slipped back into the United States. Under intensifying investigations by the FBI and other …
A U.S. judge ruled on Monday against American International Group in the insurer’s legal battle with Starr International Co., affirming a July jury verdict that Starr did not breach a trust. At issue in the case brought in 2005 were …
Maurice “Hank” Greenberg, former head of American International Group Inc., testified Monday he believed in 2005 that AIG wanted to end a deferred compensation agreement with Starr International, the company he now controls. On his fifth day in the witness …
A jury should hear the claims in litigation between American International Group Inc. and Starr International Co. Inc. controlled by the troubled insurance giant’s former chief executive, Maurice “Hank” Greenberg, a U.S. judge ruled Thursday. U.S. District Court Judge Jed …
Fifteen of 20 American International Group leading bonus recipients have agreed to give them back in full, said New York’s top legal officer who is probing into $165 million in executive pay at the troubled company bailed out by the …
American International Group Inc. turned over details on Thursday of bonus recipients in an investigation by New York’s top legal officer, who promised to be sensitive to the company’s concerns for the security of its employees. “The Attorney General’s Office …
American International Group Inc., which has received $180 billion in taxpayer money to stay in business, created 73 millionaires with bonuses of $1 million or more in 2008, New York’s top legal officer said on Tuesday. New York Attorney General …
Efforts to settle a long-running fraud lawsuit against American International Group Inc.’s former chief, Maurice “Hank” Greenberg, have broken down amid the insurer’s financial woes, a lawyer from the New York attorney general’s office said Monday. Before AIG’s near collapse …
Federal and New York state prosecutors have launched an investigation of the credit default swap market, inquiring whether speculators had manipulated CDS transaction data to put more pressure on the shares of banks weakened by the credit crisis. On Monday …
