Foreclosures during the Great Recession added to thousands of blighted properties in Columbus. But, a state program helped fund demolition of many of those houses and apartment units.
Ohio Attorney General Richard Cordray says AIG will pay $9 million dollars to Ohio to settle a lawsuit alleging violations of the state’s anti-trust laws.
While the head of insurance giant AIG was testifying before a House panel on Capitol Hill, a senior vice president of the company was in Columbus. AIG’s Nick Ashooh defended the bonuses – and his company – in a speech to the Columbus Metropolitan Club.