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Tuesday, March 03, 2009

AIG's Liddy, Greenberg Locked In Battle

Even as AIG posts its largest quarterly loss in the history of Wall Street, and announced it was accepting another $30 billion government infusion, the company is reeling from a battle between its founder and current CEO.
On Monday, Maurice "Hank" Greenberg filed a suit in federal court in Manhattan against the company, alleging it perpetrated securities fraud.
According to Bloomberg, he said: LinkHere



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