Is Maurice Greenberg a liar? That seems to be the multibillion-dollar question in an ongoing court battle that pits Greenberg and his firm Starr International against his former employer AIG. The deeply troubled insurance giant claims Greenberg, through Starr International, improperly gained control of hundreds of millions of shares of AIG stock when he was booted from the company in 2005.
Tag Archives: right
In a Lurch Toward the Center, Netanyahu Backs Palestinian State
If the 300,000 West Bank settlers identified by the American President as an obstacle to Middle East peace were expecting Bibi Netanyahu to support their cherished dream of an Israel stretching from the Jordan to the Mediterranean sea, they were disappointed on Sunday night. The right wing leader instead took a sharp and unexpected lurch to the center and said he’d support a two-state solution, meaning something called Palestine is a step closer to being inked onto their 3,000-year-old Biblical map. To his credit, clench-jawed Netanyahu could have used the re-election of Israel’s favorite bogeyman Mahmoud Ahmadinejad in Iran to raise the usual security alarms and resort to time-tested fear-mongering
King: Same-sex marriage debate heats up in New York
As she lobbies members of the New York Senate these days, the politician in Christine Quinn can understand what the gay rights activist in her sometimes cannot. NEW YORK (CNN) — As she lobbies members of the New York Senate these days, the politician in Christine Quinn can understand what the gay rights activist in her sometimes cannot. “The fear of the unknown,” is how she describes it.
More Somalis flee heavy fighting in capital
Described as the largest single gathering of displaced residents in the world today, tens of thousands of civilians are seeking shelter along the Afgooye corridor outside Mogadishu, according to the United Nations. Fighting between government forces and Islamist militias has triggered the flight of more than 67,000 Somalis in and around Mogadishu since May 8, the U.N
Fighting for the Right to Chew Coca
Federer: ‘Nadal is only human’
Roger Federer has exclusively told CNN he feels he could beat reigning champion Rafael Nadal at this year’s French Open in Paris, because despite winning the last four tournaments the Spaniard is "only human." The world number two is hoping this year will prove to be a turning point after suffering three consecutive final defeats to Nadal at Roland Garros. “He’s won four straight times here in Paris which shows how tough he is, but if you play him the right way there will be chances, he is only human and we wait for that moment when he is not at his best; hopefully that will be this year,” the Swiss said. The 27-year-old certainly started the right way if he is to mount a succesful challenge, beating Alberto Martin 6-4 6-3 6-2 in under two hours to advance to the second round, setting up a clash with either Jose Acasuso or Santiago Ventura.
Russia to Gays: Get Back into the Closet
Italian giants Juventus sack coach Ranieri
Serie A giants Juventus have sacked coach Claudio Ranieri following a weekend that saw Inter Milan clinch a fourth successive Scudetto in Italy. Former Chelsea chief Ranieri took charge of the Turin club in 2007 and Sunday’s 2-2 home draw with Atalanta left Juventus three points behind second-placed AC Milan with two games left. The club have now gone seven league matches without a win and Ranieri’s departure came in a Web site statement.
Pope calls for reconciliation in Middle East
Pope Benedict XVI called on Israelis and Palestinian to put aside their "grievances and divisions" and work toward reconciliation in the Middle East during a speech in the West Bank. “Just and peaceful coexistence among the peoples of the Middle East can only be achieved through a spirit of cooperation and mutual respect, in which the rights and dignity of all are acknowledged and upheld,” the pontiff said Wednesday at a speech attended by Palestinian Authority President Mahmoud Abbas in Bethlehem.