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Tag Archives: AIG

Goldman Sachs sued by landlord over lease ‘scheme’

Goldman Sachs Group Inc. was sued by a Manhattan landlord who alleged the bank violated the terms of its rental agreement by failing to share profits from a sublease of the space to American International Group Inc. The lease for ...

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AIG wins dismissal of suit seeking $1 billion

American International Group, accused by rivals of shortchanging state workers’ compensation pools for 35 years, won dismissal of a lawsuit that sought to recover more than $1 billion for the alleged underpayment. A federal judge in Chicago on Thursday threw ...

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AIG’s Hank Greenberg pays $15 million to end SEC suit

Maurice “Hank” Greenberg, who led American International Group Inc. for 38 years until his ouster amid state and federal accounting probes in 2005, will pay $15 million to settle U.S. claims he manipulated the insurer’s earnings. Greenberg, 84, and former ...

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Report: Bryan Cave partner was AIG overseer

AIG paid Bryan Cave about $20 million to monitor its finances as part of a 2004 deal with the federal government, the Wall Street Journal reported Friday. James Cole, a partner in the firm's Washington office, attended top-level board-committee meetings and was responsible for offering general corporate oversight for the Securities and Exchange Commission, according to the report. Bryan Cave Chairman Don Lents told Missouri Lawyers Weekly in a phone call Friday afternoon that "we're not in a position to comment."

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Report: Bryan Cave partner was AIG overseer

AIG paid Bryan Cave about $20 million to monitor its finances as part of a 2004 deal with the federal government, the Wall Street Journal reported Friday. James Cole, a partner in the firm’s Washington office, attended top-level board-committee meetings ...

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Congress curses the AIG Frankenstein it created

For all the righteous indignation at American International Group spewing from Capitol Hill last week, you would think Congress had played no role in creating this mess. All the screaming last week at AIG’s Chief Executive Officer Edward Liddy diverts ...

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