(Bloomberg) -- Hank Greenberg won his fight to hold the U.S. responsible for the bitter pill it forced down the throat of American International Group Inc. shareholders. But that’s about it.
The judge who called the terms of the $85 billion bailout illegally onerous also ruled that without it investors would have gotten nothing. As a result, he awarded Greenberg no money.
The split-decision sets up the possibility that both sides will appeal, and that a battle over a key element of the government response to the 2008 financial crisis will continue for months or years to come.
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