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Judge Sides With Ex-A.I.G. Chief in Bailout Suit but Awards No Money
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Judge Sides With Ex-A.I.G. Chief in Bailout Suit but Awards No Money

  #1 (permalink)
Market Wizard
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Judge Sides With Ex-A.I.G. Chief in Bailout Suit but Awards No Money

New York Times Breaking News:- Judge Sides With Ex-A.I.G. Chief in Bailout Suit but Awards No Money

Judge Thomas C. Wheeler ruled in favor of the plaintiffs, but at the same time he ruled that Mr. Greenberg could not show that the shareholders were damaged by the federal government’s seizure of 79.9 percent of the company’s equity. Mr. Greenberg had been seeking nearly $40 billion in compensation.

http://www.nytimes.com/2015/06/16/business/dealbook/judge-sides-with-ex-aig-chie...but-awards-no-money.html

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Trading Apprentice
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Ahhh, the joys of neo-feudalism. That's what happens when you let adherents of old feudalism to run amok in the West.

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