Rattner: AIG, Fannie, Freddie Lawsuits "Extortion"

Maurice Greenberg, the former chief executive officer of American International Group Inc (NYSE:AIG), better known as AIG, should be careful how hard he presses his lawsuit against the U.S. government regarding its bailout of the firm in the 2008 credit crisis, warns Steven Rattner in a New York Times opinion piece. Steven Rattner: AIG bailout Rattner is deep inside the bowels of the Wall Street elite, who, as chairman of Willett advisors, is running the investment arm of former New York Mayor Michael Bloomberg’s personal and philanthropic assets. He was former counselor to Treasury Secretary and has worked closely with…