AIG Sues Bank of America in Attempt to Recover Billions

With the Justice Department filing few criminal charges related to the financial crisis, AIG is taking action of its own: The mostly taxpayer-owned firm is preparing to sue Bank of America for allegedly misleading it about the quality of Bank of America’s mortgage-backed securities—an accusation that gets to the…

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AIG Sues Bank of America in Attempt to Recover Billions

Posted by on August 8, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.