Hank Greenberg's Chutzpah vs. Fed's Panic

The former AIG chief's legal victory is a win in name only.

So he won.

Photographer: Jonathan Fickies/Bloomberg

After seven years, the federal government has finally received its comeuppance. U.S. Judge Thomas C. Wheeler gave the Federal Reserve a severe tongue lashing, a tsk-tsking for the central bank’s financial-crisis overreach.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.