U.S bailout of AIG in 2008 was 'punitive,' ex-CEO's lawyer says
April 22, 2015 at 15:52 PM EDT
WASHINGTON, April 22 (Reuters) - The U.S. government was "punitive" in its bailout of American International Group Inc in 2008, a lawyer for the company's former chief executive argued during closing arguments of a trial that may impact how much flexibility regulators will have when they respond to future financial crises.