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AIG Comes Out Swinging in $4.3B Lawsuit vs. Ex-CEO

(Newser) - AIG 's longtime CEO sold crucial assets in 2005 out of spite, the company's lawyers charged as they opened their civil suit against the ousted exec today in New York. “Hank Greenberg was mad. He was angry,” said a lawyer for the bailed-out mega-insurer. Greenberg was weeks away... More »

Day 1 of Blago Trial Wraps Up

(Newser) - The first day of Rod Blagojevich’s impeachment trial in the Illinois Senate has ended after testimony from only one witness, the Chicago Tribune reports. Former federal prosecutor John Scully described how agents built a criminal case against the governor, approving wiretaps and bugs after a rigorous vetting process. “... More »

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