The Derivative Project

Martin Feldstein

AIG Suit:  Role of Commercial Banks, Trust and Capital Markets

AIG Suit: Role of Commercial Banks, Trust and Capital Markets

AIG shareholders and Hank Greenberg have their day in court tomorrow. ¬†Gretchen Morgenson of The New York Times writes a summary here: “Court Casts a New Light On a Bailout.”¬† Ms. Morgenson writes: “In spite of this punishment, A.I.G. repaid the loan in January 2011. I am not arguing that…