GO
Loading...

AIG Decides Against Suing the US Government: Report

JB Reed | Bloomberg | Getty Images

American International Group will not join a lawsuit against the U.S. government challenging the terms of the insurer's 2008 bailout, the Wall Street Journal reported on Wednesday, citing unnamed sources.

AIG had said its board was meeting Wednesday to consider the possibility of joining the suit filed by former CEO Hank Greenberg.

Symbol
Price
 
Change
%Change
AIG
---

Featured

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Don't Miss

U.S. Video

  • House Oversight and Government Reform Committee chairman, Rep. Darrell Issa, (R- Calif.), discusses if Congress will reauthorize the Ex-Im Bank. Issa says regulating and making the Ex-Im Bank honest transparent will help promote the banks confidence.

  • Recently Chipotle stock has soared while Panera has flattened out. Nick Setyan, Wedbush Securities, and Robert Derrington, Wunderlich Securities, discuss what Chipotle is doing right and Panera is doing wrong.

  • Cynthia Silver, Century 21 Martinez & Associates; Patricia Delinois, Century 21 Premier Elite Realty; and Jo Gipson, Atlanta Intown Real Estate, discuss if the slowdown in housing is a bad thing or if it could spur sales.