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Capt. Sully Probably Saved AIG Millions

No stranger to bailouts themselves, AIG is not going to bail out people who suffered losses or minor injuries from the US Airways flight that went down in the Hudson River. For those who were looking for a nice payday out of the accident, you can blame the plane's captain, Chesley Sullenberger, for dashing those hopes. Because the captain did everything he could to (successfully) save everybody on board, there was no negligence on the airline's part and therefore no obligation on AIG's part to pay. As you might guess, not dying was not enough of a reward for some on board.
A.I.G. Balks at Claims From Jet Ditching in Hudson [NYT]


Hank Greenberg Wins AIG Case, Snowball Does Not Get A New Pair Of Shoes

A judge ruled in Greenberg's favor but not in the monetary sense.