A.I.G. Will Accept Monitor and Pay $80 Million to Close Inquiries
Article Abstract:
Insurance company, American International Group, will pay a $80 million penalty and allow an independent monitor to examine their books as part of a settlement with the Securities and Exchange Commission. A.I.G. sold finite risk, also called loss mitigation, insurance that allows companies to manipulate their earning statements.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Mix of Quake Aid and Preaching Stirs Concern
Article Abstract:
Sri Lankan religious leaders are worried that American Christian groups who have come to help with the disaster relief effort might lead to an anti-Christian backlash because they are combining assistance with missionary work.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Blaming the Foreigners. 2 Firms to Pay $40 Million Each In I.P.O. Case. 2 Firms Pay $100 Million To Settle With the S.E.C
- Abstracts: The violent life and death of Troy Butcher. White lines and pearl-handed pistols. Lindy: the sequel
- Abstracts: Call options. Outsource tack loses its edge. Call of the west
- Abstracts: Bicycle Lock Manufacturer to Provide Free Replacements to Owners of Easily Picked Models. A Ballpoint Trick Infuriates Bicyclists
- Abstracts: China's Growth Ebbs, a Deterrent To Revaluation. China's Industrial Boom Is Seriously Inflating Commodity Prices