Federal Reserve Fires Back at Greenberg, Starr over Loan to AIG

Former AIG CEO Maurice R. “Hank” Greenberg

By Arthur D. Postal

The Federal Reserve Bank of New York Monday asked a federal court in Manhattan to promptly dismiss a lawsuit alleging that the federal government “discriminated” against American International Group by taking it over rather than loaning it money when it ran into financial problems in September 2008.

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