Business briefs
Greenberg
New York’s highest court agreed to hear an appeal by former American International Group CEO Maurice “Hank” Greenberg that challenges parts of a ruling that allowed a state lawsuit against him to proceed.
Silent Raj
During a deposition at the federal prison where he’s serving an 11-year sentence for securities fraud and conspiracy, Galleon Group co-founder Raj Rajaratnam declined to answer any of the more than 100 questions he was asked, invoking his rights against self-incrimination, a lawyer said.
BofA settles
Bank of America has agreed to pay $375 million to settle a case brought by bond insurer Syncora Guarantee over toxic mortgage-backed securities at the center of the 2008 financial crisis.
Kapur rap
ThinkStrategy Capital Management Managing Director Chetan Kapur was indicted by a grand jury in New York for securities fraud.
Lauren CFO
Ralph Lauren Corp. said CFO Tracey Travis has resigned to pursue other interests.

