NY Fed

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  AIG Weighs Joining Suit Against Government

  January 8, 2013

  The lawsuit, filed by former chairman Maurice “Hank” Greenberg, argues that the government was unfair to its shareholders through the way it conducted its bailout of the insurer.

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  Treasury Sells Remaining AIG Shares, Profiting From Bailout

  By Arthur D. Postal, PropertyCasualty360.com  |  December 12, 2012

  The Treasury Department on Tuesday sold its remaining 16% of AIG common shares for $7.6 billion, putting an end to the government’s 50-month shotgun financial tryst with the global insurer.

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  Judge Says Greenberg Accusations Against Fed ‘Worthy of an Oliver Stone Movie’

  By Arthur D. Postal, PropertyCasualty360.com  |  November 20, 2012

  A federal district court judge in New York on Monday dismissed a lawsuit brought by former AIG chief Maurice “Hank” Greenberg against the Federal Reserve Board regarding the Fed's rescue of AIG in 2008.

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  Congress Prods N.Y. Fed for More LIBOR Info

  By Melanie Waddell, AdvisorOne  |  July 23, 2012

  The House Financial Services Oversight and Investigations Subcommittee told the New York Fed on Monday that it wants more information about the the handling of banks’ alleged “manipulation and suppression” of LIBOR.

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  MF Global Bankruptcy Spooks Investors; First U.S. Casualty of Europe’s Debt Crisis

  By Chris Kahn, Associated Press, Daniel Wagner, Associated Press  |  October 31, 2011

  MF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection in what is seen as the first major U.S. casualty of Europe's debt crisis.