AIG sues Federal Reserve over lawsuit rights, WSJ reports AIG (AIG) has filed a lawsuit against a Federal Reserve Bank of NY vehicle, Maiden Lane II, that was established to hold some of the company's mortgage assets as part of its government bailout, according to a Wall Street Journal report. The report says that AIG did not ask for a payout as part of the suit, but asked that the court clarify the contract in terms favorable to the company. Reference Link
AIG upgraded to Buy from Hold at Deutsche Bank Deutsche Bank upgraded AIG to Buy citing valuation following the recent pullback in shares. Deutsche believes concerns that Starr International could succeed in its trial against the U.S. Government are overblown. It raised its price target for AIG shares to $60 from $59.