Morning Scan: Will AIG Ruling Deter Bailouts?; Goldman's Online...
06/16/15
Receiving Wide Coverage ...
Analyzing the AIG Ruling: Is former AIG chief Maurice "Hank" Greenberg a happy man? A federal judge partially validated Greenberg's four-year legal battle with the government Monday by ruling that the Federal Reserve overstepped its authority in the 2008 bailout of the insurance giant. But Judge Wheeler also declined to award Greenberg and other AIG shareholders any of the $40 billion in damages they had requested, arguing that AIG would have filed...
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