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Questions over AIG Accounting Mount; Restatements Reportedly Could Reach Billions; Delay in Annual Report Possible
National News • March 25, 2005
Insurance giant American International Group, under increasing scrutiny by state and federal regulators and its own internal auditors, is looking at the possibility of fixing up to $3 billion in ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: AIG Investigation-where it shall end? | Omni | Apr 5, 2005, 3:21 am |
| RE: RE: RE: RE: AIG Investigation | Insurance Guy | Mar 29, 2005, 12:59 pm |
| RE: RE: RE: RE: AIG Investigation | jim f | Mar 28, 2005, 3:58 pm |
| RE: RE: RE: AIG Investigation | tired of hearing it all | Mar 28, 2005, 2:22 pm |
| RE: RE: AIG Investigation | DMS | Mar 28, 2005, 12:12 pm |
| RE: Greed Sucks | Bob | Mar 28, 2005, 8:12 am |
| RE: AIG Investigation | Insurance Guy | Mar 27, 2005, 4:49 pm |
| AIG Investigation | Insurance Person | Mar 26, 2005, 5:15 pm |
| RE: RE: Questions Over AIG Accounting Mount | xbigbroker | Mar 25, 2005, 6:56 pm |
| RE: Money-Grubbing So and So's | xbigbroker | Mar 25, 2005, 4:54 pm |
| RE: Greed Sucks | xbigbroker | Mar 25, 2005, 4:21 pm |
| RE: Still Honesty & Integrity Out There | xbigbroker | Mar 25, 2005, 3:52 pm |
| Greed Sucks | Jim Howse | Mar 25, 2005, 3:42 pm |
| Still Honesty & Integrity Out There | Small Company Guy | Mar 25, 2005, 3:14 pm |
| RE: Questions Over AIG Accounting Mount | I told you so | Mar 25, 2005, 2:13 pm |
| Questions Over AIG Accounting Mount | RolfNeu | Mar 25, 2005, 1:43 pm |
| Money-Grubbing So and So's | Company Man | Mar 25, 2005, 1:29 pm |
| Back to article | ||
Subject: RE: Questions Over AIG Accounting Mount
Wait until the Feds get into looking at and investigating the accounting practices of the major insurance companies. Huge earnings and profits are hidden and greatly reduced and diminished by the companies infusing their reserve accounts- they then beef up the liability side of their balance sheets all the while earning investment income on the reserve accounts.
These guys have got to do time and set an example once and for all that white collar corruption and greed will not be tolerated.
They can't use the "I didn't know" defense since Bernie Ebbers blew that one.
Hooray for the good guys!