Starr International

AIG: Greenberg suit not the 'slam dunk' he thinks it is

By Arthur D. Postal | April 9, 2013

The suit now alleges the government owes AIG shareholders $25B because it “coerced” AIG’s board.

AIG will not proceed in lawsuit

By Arthur D. Postal | January 9, 2013

The insurer will neither pursue the lawsuit's claims itself nor permit Starr to do so in its name.

AIG suit debate sparks outrage

By Arthur D. Postal | January 9, 2013

The director of Consumer Federation of America calls Greenberg’s remaining suit “outrageous.”

AIG confirms talks with Greenberg

By Arthur D. Postal | January 8, 2013

The insurer will weigh whether to join a lawsuit over the U.S. government's conduct of its bailout.

Treasury selling remainder of AIG stock

By Arthur D. Postal and Elizabeth D. Festa | January 1, 2013

The Treasury Department is selling its remaining 16 percent of the common shares of American International Group (AIG), hopefully putting paid to its tumultuous 50-month shotgun financial tryst with the global insurer.

Treasury selling remainder of AIG stock

By Arthur D. Postal and Elizabeth Festa | December 11, 2012

The Treasury Department is selling its remaining 16 percent of the common shares of AIG, hopefully putting paid to its tumultuous 50-month shotgun financial tryst with the global insurer.

Fed wins AIG suit

By Arthur D. Postal | December 3, 2012

A federal district court judge in New York today dismissed as “not plausible” a lawsuit alleging that the Federal Reserve Board acted against the interests of American International Group and its shareholders when it bailed out the company starting in September 2008.