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Rattner: AIG, Fannie, Freddie Lawsuits "Extortion"

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Mark Melin
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Maurice Greenberg, the former chief executive officer of American International Group Inc (NYSE:AIG), better known as AIG, should be careful how hard he presses his lawsuit against the U.S. government regarding its bailout of the firm in the 2008 credit crisis, warns Steven Rattner in a New York Times opinion piece.

Steven Rattner: AIG bailout

Rattner is deep inside the bowels of the Wall Street elite, who, as chairman of Willett advisors, is running the investment arm of former New York Mayor Michael Bloomberg's personal and philanthropic assets. He was former counselor to Treasury Secretary and has worked closely with Timothy Geithner.  It was Geithner who, working with the New York Federal Reserve, was a critical...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.