Starr International Files $25B Suit Against U.S. Over AIG Takeover

A company run by former American International Group Inc Chief Executive Maurice “Hank” Greenberg sued the U.S. government for $25 billion, calling the 2008 federal takeover of the insurer unconstitutional.

The lawsuit marks an unusual effort to force the government to pay shareholders, who have seen AIG’s stock price tumble 98 percent since the middle of 2007, when the insurer’s risky bets on mortgage debt through credit default swaps began to falter.

Greenberg’s company, Starr International Co, also filed a lawsuit against the Federal Reserve Bank of New York, whose president at the time of the takeover was Timothy Geithner, now U.S. Treasury Secretary.

via Starr International Files $25B Suit Against U.S. Over AIG Takeover.

Insurance Quote

Step 1 of 6

I need a Property/ Casualty insurance quote*

What is your name?
Name*
First Last

What type of insurance quote do you need?

If you need something else, simply select "Something Else" and we can figure it out together.
Personal Insurance Products
Commercial Insurance Products
Other Insurance Service Needed
How can we help you?

Now, we need a little contact information.

Don't worry, we just need a little basic information for the agent. We'll get the rest later.
Business Name
Address*
Street Address City State ZIP Code
Phone*
Email*

When do you want your policy to start?
Effective Date*
MM slash DD slash YYYY

That's it for now. Any agent will contact you via email and phone to further discuss your quote request.
Comments
This field is for validation purposes and should be left unchanged.

TX INSURANCE PRO

www.txinsurancepro.com | team@txinsurancepro.com | 214-717-4326

Insurance Quote

Please complete the following form regarding your request. A live agent will respond shortly.

Step 1 of 6

I need a Property/ Casualty insurance quote*

What is your name?
Name*
First Last

What type of insurance quote do you need?

If you need something else, simply select "Something Else" and we can figure it out together.
Personal Insurance Products
Commercial Insurance Products
Other Insurance Service Needed
How can we help you?

Now, we need a little contact information.

Don't worry, we just need a little basic information for the agent. We'll get the rest later.
Business Name
Address*
Street Address City State ZIP Code
Phone*
Email*

When do you want your policy to start?
Effective Date*
MM slash DD slash YYYY

That's it for now. Any agent will contact you via email and phone to further discuss your quote request.
Name
This field is for validation purposes and should be left unchanged.

Starr International Files $25B Suit Against U.S. Over AIG Takeover

MEDICARE SUPPLEMENT

COMMERCIAL INSURANCE

TALK TO AN AGENT

Insurance Quote

Step 1 of 6

What is your name?

What type of insurance quote do you need?

Now, we need a little contact information.

When do you want your policy to start?

That's it for now. Any agent will contact you via email and phone to further discuss your quote request.

Recent Posts

TX INSURANCE PRO

Contact Us

Insurance Quote

Step 1 of 6

What is your name?

What type of insurance quote do you need?

Now, we need a little contact information.

When do you want your policy to start?

That's it for now. Any agent will contact you via email and phone to further discuss your quote request.