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Ex-AIG chief wins bailout suit against feds, but gets zero damages

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Federal officials acted improperly when they seized AIG shares in 2008 as part of the insurer's bailout, a federal judge ruled Monday.

However, shareholders are not entitled to monetary damages.

The ruling brings to a close a lawsuit filed by former AIG boss Hank Greenberg, who had been one of the company's largest shareholders and claimed the government ripped him off when it took control of the insurer.

Readm ore from CNNMoney.[[In-content Ad]]

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