A.I.G. to Sue Bank of America
The American International Group is planning to sue Bank of America over hundreds of mortgage-backed securities, adding to the surge of investors seeking compensation for the troubled mortgages that led to the financial crisis.
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Times Topic: Financial Crisis: Cases and Litigation
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The suit seeks to recover more than $10 billion in losses on $28 billion of investments, in possibly the largest mortgage-security-related action filed by a single investor.
 NYTimes DealBook (@NYTimesDealBook)8/8/11 1:42 PM A.I.G. to Sue Bank of America http://nyti.ms/q3diCT |
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