Tag: Greenberg

Fed Government Bailout And Takeover Of AIG Insurance Giant, Was An Unconstitutional Seizure Of Private Property: $25 Billion Lawsuit Ensues!

By Martha C. White (This story has been updated to include a response from the U.S. Treasury Department.) Former American International Group CEO Maurice “Hank” Greenberg thinks he got a raw deal, and he wants the government to pay up. Greenberg filed a lawsuit in the U.S. Court of Federal Claims asserting that the government bailout…