Tag archive for ‘AIG’
Vered Weiss On Monday, September 29th, 2014

Was the Government AIG Bailout Legal?

Insurer AIG became a poster child for the “too big to fail” imperative that led the government to bail out banks and auto companies during the recession. While this annoyed many taxpayers, ousted More...

Vered Weiss On Sunday, September 7th, 2014

Rubin Schron Grabs Controversial Multifamily Complex From Auction Block

Rubin Schron, who made a failed $2 billion bid for the Empire State Building, secured $100 million in financing from Capital One to purchase a controversial Rachel Gardens Montville luxury apartment community More...

Vered Weiss On Tuesday, September 2nd, 2014

US Government Cannot Dismiss AIG Lawsuit

A federal judge denied the U.S. government the right to dismiss a lawsuit brought by former AIG head Maurice Greenberg. The suit is for $25 billion and is over the fact that when the government bailed out the More...

Vered Weiss On Wednesday, August 20th, 2014

Feldstein and Rubin Are Late to the Bubble Spotting Party

    Martin Feldstein and Bob Rubin see bubbles in the economy, or so they warned in their joint op-ed piece for the Wall Street Journal. However, both are in the habit of spotting bubbles late. Fed More...

Vered Weiss On Thursday, August 14th, 2014

Perry Capital Buys Shares of Ally Financial and Allergan and Sells Herbalife

Perry Capital, a $10.9 billion hedge fund under the management of Richard Perry, has bought shares of auto-lender Ally Financial (ALLY) and Allergan (AGN) and has sold some shares of Herbalife (HLF). Perry More...

Vered Weiss On Thursday, July 31st, 2014

Maurice Greenberg and Elliot Spitzer Continue to Wrangle Over AIG

–   The war between ex-AIG chief Maurice Greenberg and former NY Attorney General, Elliot Spitzer, wages on. Although many of Greenberg’s claims in the 89 year old’s defamation suit More...

Noam Meir On Sunday, July 13th, 2014

Stephen Green is Suing AIG for $20 Million

– The New York Real Estate company is going after one of the largest corporations in the world over violating the terms of a lease. – Stephen Green’s SL Green Realty is suing global financial titan More...

Clive Minchom On Wednesday, July 31st, 2013

Hank Greenberg in Court on Two Fronts This Week : Plays Offence in One and Defence in the Other

– Hank Greenberg / Getty – / By Clive Minchom / Maurice “Hank” Greenberg ran insurance giant American International Group (AIG) for nearly forty years, before it was seized by the More...

Stanley Green On Thursday, June 27th, 2013

Hank Greenberg Can Sue US Government for $25 Billion Judge Rules

– Hank Greenberg / Bloomberg – /By Clive Minchom/ Bloomberg reports that Judge Thomas Wheeler of the U.S. Court of Federal Claims in Washington wrote, in a ruling today, that Maurice “Hank” More...

MOCA Poker

– Will Eli Broad attempt to stop the Los Angeles County Museum of Art’s (LACMA) proposed takeover of the L.A. Museum of Contemporary Art (MOCA)? – – /By Orna Taub / One person, investment More...

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