The World

AIG to sue bank of America for $10 billion in mortgage losses

In an exclusive story in The New York Times, Louise Story writes that American International Group Inc. is going to sue Bank of America, claiming the banking institution provided false information on mortgage bonds to AIG and ratings agencies.

Conflict & Justice

In an exclusive story in The New York Times this morning, Wall Street and finance reporter  Louise Story  writes that the behemoth insurance company American International Group Inc. is going to sue Bank of America, claiming the banking institution provided false information on mortgage bonds to AIG and ratings agencies, which lead to losses of more than $10 billion.

AIG to sue bank of America for $10 billion in mortgage losses - The World from PRX