Former AIG head Hank Greenberg testifying on Capitol Hill, April 2009. (AP Photo/Gerald Herbert)

NU Online News Service, June 4, 2:56 p.m. EDT

Lawyers for Maurice “Hank” Greenberg, former chairman and CEO of AIG, argue in a court filing that the Federal Reserve Board did not have unlimited powers when it moved to aid AIG in late 2008, and that some of its actions breached its duty to AIG shareholders.

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