AIG Mulls Joining $25B Suit Over Fed's Bailout Terms

Law360, New York (January 8, 2013, 5:48 PM EST) -- American International Group Inc. may join a $25 billion suit against the U.S. government after the recently ended slog from its $182 billion government bailout that spared it from certain doom in 2008 after its London unit made ill-fated wagers on the U.S. mortgage market.

The AIG board will meet Wednesday to decide whether to join the $25 billion shareholder lawsuit championed by former AIG chief Maurice Greenberg over the terms the bailout allegedly had compelled AIG to accept, according to a report by the New...
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