12-5022 - Starr International Company, Inc. v. Federal Reserve Bank of New York and American International Group

  • 2012 - LC - Starr International Company, Inc. v. Federal Reserve Bank of New York and American International Group, Inc., 11 Civ. 8422 (PAE) (S.D.N.Y.). Published: November 19, 2012. Opinion and order. - 70p
    • By September 2008, AIG was also facing other financial challenges, including increased fund returns from securities lending, a significant decline in its stock price, the prospect of downgraded credit ratings, and difficulty obtaining additional funding.
      • These factors contributed to mounting stress on AIG’s liquidity.