American International Group Inc., the insurer that’s weighing whether to join a shareholder suit alleging its 2008 bailout was unconstitutional, would face tough odds in court, a former government watchdog said.
American International Group Inc. shares were priced at $32.50 each in an offering by the U.S. Treasury Department as the government winds down a stake acquired in a bailout of the insurer, according to two people familiar with the sale.
Seven men, including fund managers and analysts, were charged by the U.S. with forming a “criminal club” of friends and co-workers who reaped almost $62 million from insider trading in Dell Inc. shares.
American International Group Inc., the insurer that bristled at U.S. pay curbs, is nearing an end to Treasury Department compensation limits as Chief Executive Officer Robert Benmosche winds down a taxpayer bailout.
Ally Financial Inc., the auto lender 74 percent owned by U.S. taxpayers, added Henry S. Miller and Gerald Greenwald to its board after the Treasury Department exercised its right to name two directors.
American International Group Inc., the bailed-out insurer, rebuffed a request from New York Comptroller John Liu to release workforce-diversity data that was made public by Goldman Sachs Group Inc. and MetLife Inc.