Topic: Lehman Brothers Inc.
AIG unit staff agrees to $20 million cut in payout
Reuters US Online Report Business News
NEW YORK (Reuters) - AIG <AIG.N> said on Tuesday current and former employees of its Financial Products unit had so far agreed to accept cuts totaling about $20 million in retention payments, short of a $26 million target. Separately, the insurer, which was bailed out with a $182 ...
AIG names former Lehman counsel as its top lawyer
AP News
AIG names former Lehman Brothers legal chief as its general counsel; taps 5 other executivesEmbattled insurance company American International Group Inc. on Tuesday named the former top lawyer for Lehman Brothers as its general counsel. Thomas A. Russo also was named its executive vice president for legal, compliance, regulatory affairs ...
AIG names ex-Lehman lawyer as general counsel
Reuters US Online Report Business News
NEW YORK (Reuters) - American International Group Inc <AIG.N>, which was bailed out with a $182.3 billion U.S. aid package, named a former top Lehman Brothers Holdings Inc <LEHMQ.PK> lawyer as general counsel on Tuesday. Thomas Russo, who joined law firm Patton Boggs ...
Barclays urges dismissal of Lehman "windfall" suit
Reuters US Online Report Business News
NEW YORK/LAS VEGAS (Reuters) - Barclays Plc <BARC.L> urged a judge to throw out a lawsuit by Lehman Brothers Holdings Inc's <LEHMQ.PK> bankruptcy estate alleging that it reaped a secret $5 billion profit from its rushed September 2008 purchase of the company's ...
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