If your stomach can handle it, think back to 2008 when there was panic about Wall Street banks, in the wake of Lehman Brothers' bankruptcy. The government gave insurance firm AIG an $85 billion loan in exchange for a 79.9% stake in the company, to prevent it from collapsing and taking other institutions with it (see: Too Big To Fail). Well, now former AIG CEO Maurice "Hank" Greenberg is suing the government, claiming the takeover was unconstitutional and that the "Fed breached its duty to A.I.G. shareholders when it unwound the company’s disastrous bets on mortgage securities," the NY Times reports. more ›

The NY Times looks at how former AIG head Maurice Greenberg is building a new company that one person called "A.I.G. Two"—especially since he's "raiding people out of 'A.I.G. One.'" Which could be nice for AIG execs who now face limited pay. The problem? The Times says, "People who work in the industry say that if he is already luring A.I.G.’s people, he may soon be siphoning off its business and, therefore, its means to repay its debt to the government." more ›