AIG, Others Escape FCA Suit Over $137B Bailout

By Michael Lipkin (March 31, 2014, 8:17 PM EDT) -- A California federal judge on Saturday tossed a whistleblower suit accusing American International Group Inc. and several banks of defrauding taxpayers by obtaining more than $137 billion in government bailouts for failed trades in the collateralized debt market, ruling the allegations were based on public information....

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