Wednesday, January 9, 2013

AIG reportedly decides not to join bailout lawsuit

(Reuters) - American International Group Inc 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.

(Reporting by Ben Berkowitz; Editing by Gary Hill)

Source: http://finance.yahoo.com/news/aig-decides-not-join-greenberg-195133412.html

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