Ex-AIG CEO Greenberg can pursue suit against the U.S. government

The former executive accuses the government of violating shareholders’ property rights during the financial crisis

It’s been a bit of an up-and-down week for ex-American International Group (AIG) CEO Hank Greenberg.

Just days ago, New York’s Court of Appeals denied the former executive’s bid to dismiss a lawsuit that accuses him of orchestrating sham transactions to hide his company’s financial problems. But Greenberg got some better news on Wednesday, when a federal judge ruled that he can pursue his own $25 billion lawsuit against the U.S. government.

Alanna Byrne

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