Article Image
News Link • Economy - Economics USA

In U.S. Bailout of A.I.G., Forgiveness for Big Banks

• NY Times
When the government began rescuing it from collapse in the fall of 2008 with what has become a $182 billion lifeline, A.I.G. was required to forfeit its right to sue several banks — including Goldman, Société Générale, Deutsche Bank and Merrill Lynch — over any irregularities with most of the mortgage securities it insured in the precrisis years. 

Join us on our Social Networks:


Share this page with your friends on your favorite social network: