AIG may pay up to $90 million

Article Abstract:

American International Group Inc. is hoping that a settlement with the U.S. Department of Justice and the Securities and Exchange Commission will help it to avoid criminal prosecution for having allegedly aided two of its clients to hide negative financial results from their shareholders. Brightpoint Inc. and PNC Financial Services Group Inc. are the two companies in question. Investigations are being carried out into the nature of insurance policies provided by American International Group to both companies.

Telephone and telegraph apparatus, Legal issues & crime, Financial management, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, INSURANCE CARRIERS, Capital funds & cash flow, Company legal issue, Financial services industry, Finance, Insurance industry, Investigations, Accounting and auditing, Telecommunications equipment industry, Negotiation, mediation and arbitration, United States. Department of Justice, American International Group Inc., Company financing, AIG, Corporate corruption, PNC Financial Services Group Inc., Brightpoint Inc., CELL

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Cox's nomination to run SEC signals a regulatory shift

Article Abstract:

Christopher Cox has been nominated to be the Chairman of the United States Securities and Exchange Commission by President George W. Bush. Mr. Cox is seen as a champion of the business lobby.

Executive changes & profiles, Personnel administration, Evaluation, Officials and employees, Human resource management, Political aspects, Biography, Bush, George W., Company personnel management, Personality profile, Cox, Christopher, Chairpersons

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U.S. home starts rise 1.5%, hitting 17-year high

Article Abstract:

The U.S. posted an increase of 1.5% in housing starts for the July 2003 period. The figure was a 17-year high for the nation.

Subdividers and developers, not elsewhere classified, Land Subdivision and Land Development, Residential Building Construction, Housing Developers, Labor Distribution by Employer, Housing incl Mobile Homes, Housing, Statistics, Dwellings, Modular houses, Mobile homes

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