A Bronx jury has ordered Eliot Spitzer’s father to pay more than $1.3 million in an employment discrimination case. A former doorman and three former porters in an apartment building owned by 84-year-old Bernard Spitzer claimed they were fired from …
Former American International Group Inc. CEO Maurice “Hank” Greenberg said the insurer could fall apart unless management quickly came up with a unified recovery plan. “You can’t hold (together) an organization that is drifting in the way it is,” he …
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 …
Case Dismissed “I once again apologize for my actions, and for the pain and disappointment those actions caused my family and the many people who supported me during my career in public life.” —Former New York Governor Eliot Spitzer, commenting …
No Texting While Driving “When you see accidents that have happened or you hear about near-misses, it is just a step we can take to ensure the safety of our citizens.” —Austin, Texas, City Councilman Mike Martinez says he has …
U.S. prosecutors in New York said Thursday they would not seek criminal charges against former New York Gov. Eliot Spitzer for his involvement in a prostitution ring that led to his resignation. Spitzer, who stepped down in March amid a …
Troubled insurer American International Group Inc. will freeze payments to a former CEO and officers of the unit that was the main source of its financial problems, New York Attorney General Andrew Cuomo said Wednesday. “This is to confirm that …
Spitzer’s Folly “When (Eliot Spitzer) was attorney general he was on a witch hunt, he’d go after anyone he could to get headlines. I look at the pattern (at AIG) from when Hank Greenberg went out, not just the crisis …
PricewaterhouseCoopers, the independent auditor for American International Group, will pay $97.5 million to settle a class-action securities fraud lawsuit against the insurance giant and others, the Ohio state attorney general’s office said Friday. The settlement is subject to approval by …
Spitzer forced Greenberg out of the company he built over nearly 40 years. Lost by many in the financial markets’ nightmare were ghosts of Wall Street past. Some are blaming the historic $85 billion federal bailout for American International Group …
