Skip to main content

Newsroom

January 9, 2013

AIG’s former CEO’s Lawsuit Already Thrown Out By Court

 

The suit the former AIG CEO Greenberg wants AIG to join against the US has already been soundly rejected by a Federal Court in New York, noting that parts of it “paint a portrait of government treachery worthy of an Oliver Stone movie.”  

If you really want to know what Greenberg is up to and how utterly baseless his claims and complaint really are, read the detailed 89 page opinion first dissecting and then throwing out all of them.  (The court decision is attached below.) The court, after assuming all of Greenberg’s allegations were true, dismissed them all with prejudice, which is highly unusual and means the claims are so unworthy that he won’t even be allowed to try to rewrite and reassert them. 

For the full rundown of the AIG furor, see Ben White’ “AIG Fury Grips Washington” at Politico’s Morning Money here.

 
Blog
Share

MEDIA REQUESTS

For media inquiries, please contact us at
press@bettermarkets.org or 202-618-6433.

Contact Us

For media inquiries, please contact press@bettermarkets.org or 202-618-6433.

To sign up for our email newsletter, please visit this page.

Name(Required)
This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact press@bettermarkets.org or 202-618-6433.

Donate

Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today