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5 Execs Found Guilty of Fraud in Gen Re-AIG Trial

National News • February 25, 2008
A federal court jury in Hartford, Connecticut has found four former General Re Corp. executives and one former American International Group executive guilty of corporate fraud and conspiracy ...

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Subject: CREATIVE ACCOUNTING HAPPENS EVERYDAY AT EVERY INSURANCE COMP

Posted On: February 25, 2008, 4:20 pm CST
Posted By: X INSURER
Comment:
HERE IS A FEW FACTS. GEN RE IS PRIVATELY OWNED. NO EFFECT TO 401K'S DUE TO ANY OF THIS. AIG STOCK WAS UNAFFECTED AT THE TIME DUE TO THIS DEAL.THE RULES WERE WELL KNOWN AT THE TIME TO BE UNCLEAR. EVERYONE WHO EVER HEARD OF HANK WOULD KNOW THAT HE GOT HIS WAY OR ELSE. LOOK WHAT HE DID TO ERC WHEN THEY WOULDN'T PAY HIS CLAIMS. AIG WAS THE MARSH OF INSURERS. THE 800 POUND GORILLA YOU COULD NOT AVOID, WITHOUT THE 32 YEAR OLD ANALYSTS NAILING YOU TO THE WALL FOR LOOSING BUSINESS. THESE GUYS DO NOT DESERVE THIS. THEY ARE NOT ANYTHING LIKE THE CROOKS WHO BROUGHT DOWN COMPANIES OR THE THIEVES ON THE STREET. THINK ABOUT THE TWO GUYS AT MARSH WHO SET UP BID RIGGING AND TOOK MONEY FROM BOTH THEIR INSUREDS AND THE INSURERS VERSUS THIS CASE.THE AIG/GEN RE CASE COULD HARDLY HOLD A CANDLE TO SUCH THIEVERY.
Subject Posted By Posted On
RE: Ferguson and Garand BAM
Apr 12, 2008, 7:10 am
Ferguson and Garand John Peters
Apr 12, 2008, 7:00 am
RE: RE: RE: You All Miss the Point grixepipleree
Mar 23, 2008, 12:17 pm
RE: RE: RE: See what I mean Pud
Feb 26, 2008, 8:56 pm
RE: RE: RE: You All Miss the Point Pud
Feb 26, 2008, 8:55 pm
RE: Let's not forget the NCCI case dot_hemath
Feb 26, 2008, 8:40 pm
Let's not forget the NCCI case John Gault
Feb 26, 2008, 8:10 pm
RE: RE: See what I mean timaeus
Feb 26, 2008, 2:39 pm
RE: RE: Gen Re - AIG timaeus
Feb 26, 2008, 2:38 pm
RE: You All Miss the Point Jesse
Feb 26, 2008, 1:48 pm
RE: RE: RE: RE: Out of the Box Titanic watcher
Feb 26, 2008, 1:38 pm
RE: RE: RE: RE: RE: Out of the Box Mrs Obvious
Feb 26, 2008, 12:53 pm
RE: RE: You All Miss the Point Norm Nunnally
Feb 26, 2008, 12:03 pm
RE: RE: RE: See what I mean Pud
Feb 26, 2008, 11:12 am
RE: RE: RE: RE: Out of the Box former reinsurer
Feb 26, 2008, 10:45 am
RE: RE: RE: RE: Out of the Box Nobody Important
Feb 26, 2008, 10:25 am
RE: RE: RE: Out of the Box GT
Feb 26, 2008, 8:29 am
RE: RE: Out of the Box Nobody Important
Feb 26, 2008, 8:05 am
RE: Out of the Box cupojoe
Feb 26, 2008, 7:47 am
Out of the Box Nobody Important
Feb 26, 2008, 7:42 am
RE: Gen Re - AIG BAMMBAMM
Feb 26, 2008, 6:54 am
RE: RE: See what I mean Jake
Feb 26, 2008, 6:44 am
RE: See what I mean BAMMBAMM
Feb 25, 2008, 8:24 pm
See what I mean Pud
Feb 25, 2008, 7:56 pm
comment on aig-re case the real truth
Feb 25, 2008, 7:06 pm
RE: RE: RE: RE: If AIG defrauded public why are Gen Re execs BAMMBAMM
Feb 25, 2008, 6:34 pm
Gen Re - AIG Sebastian
Feb 25, 2008, 6:30 pm
RE: RE: RE: If AIG defrauded public why are Gen Re execs gui Mr Ethics
Feb 25, 2008, 6:22 pm
RE: RE: If AIG defrauded public why are Gen Re execs guilty? BAMMBAMM
Feb 25, 2008, 5:59 pm
RE: Comment on AIG-RE case Mike
Feb 25, 2008, 5:52 pm
Securities/Bid Rigging Convictions Show Compliance Need Cynthia Marcotte Stamer
Feb 25, 2008, 5:37 pm
RE: You All Miss the Point No Problem?
Feb 25, 2008, 5:05 pm
The tragic truth underbroker4
Feb 25, 2008, 5:01 pm
Comment on AIG-RE case Manuel Acevedo
Feb 25, 2008, 4:44 pm
You All Miss the Point fed up
Feb 25, 2008, 4:25 pm
RE: CREATIVE ACCOUNTING HAPPENS EVERYDAY AT EVERY INSURANCE Ahem
Feb 25, 2008, 4:25 pm
CREATIVE ACCOUNTING HAPPENS EVERYDAY AT EVERY INSURANCE COMP X INSURER
Feb 25, 2008, 4:20 pm
amen, continued.... mark hester
Feb 25, 2008, 4:13 pm
Another D.A. running for governor? John Sterling
Feb 25, 2008, 4:12 pm
RE: Gen Re/AIG Fraud Trial Mrs Obvious
Feb 25, 2008, 4:08 pm
RE: RE: Amen Mrs Obvious
Feb 25, 2008, 4:05 pm
Gen Re/AIG Fraud Trial Been Around Too Long
Feb 25, 2008, 4:02 pm
RE: Amen mark hester
Feb 25, 2008, 3:59 pm
RE: If AIG defrauded public why are Gen Re execs guilty? Mr. Obvious
Feb 25, 2008, 3:54 pm
If AIG defrauded public why are Gen Re execs guilty? Dont Get It
Feb 25, 2008, 3:50 pm
Amen Tarheel
Feb 25, 2008, 3:46 pm
I owe my soul to the devil Bluemax
Feb 25, 2008, 3:42 pm
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