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Former General Re, AIG Executives Could Face Life in Prison

National News • November 5, 2008
Five former insurance executives tied to American International Group face up to life in prison under a financial manipulation scheme. The potential lengthy prison terms are the result of a ...

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Subject: he was never charged. After AIG agreed to pay $1.6

Posted On: November 10, 2008, 7:47 pm CST
Posted By:
Comment:
Given AIG's recent collapse, Graham's timing is nothing if not lousy. Because of the sham deal, AIG's longtime CEO Hank Greenberg was forced to resign in 2005. Prosecutors said in court that Greenberg initiated the deal, though he was never charged. After AIG agreed to pay $1.6 billion to settle state and federal investigations into the fake deal, the company's stock plummeted. Now, amid the financial crisis, U.S. taxpayers have had to bail out AIG with $122.8 billion in loans while AIG execs are being grilled in congressional hearings.
Subject Posted By Posted On
RE: Reinsurance Reinsurance v complaints with state insuranc
Nov 10, 2008, 8:11 pm
he was never charged. After AIG agreed to pay $1.6
Nov 10, 2008, 7:47 pm
RE: RE: RE: RE: Get Your Facts Straight- lengthy prison term MELANIE
Nov 10, 2008, 7:29 pm
RE: nobody important
Nov 10, 2008, 11:37 am
"could" is a big word Smitty
Nov 10, 2008, 10:38 am
RE: Straight - nut case. nobody important
Nov 10, 2008, 10:18 am
Facts may not matter middle class
Nov 10, 2008, 9:59 am
RE: RE: RE: Get Your Facts Straight dot_hemath
Nov 10, 2008, 9:34 am
RE: RE: RE: Get Your Facts Straight Harry S. Truman
Nov 9, 2008, 3:27 pm
RE: RE: Get Your Facts Straight clipper
Nov 8, 2008, 6:29 am
case. history
Nov 7, 2008, 7:23 pm
Straight - nut case. A NUT CASE
Nov 7, 2008, 7:00 pm
RE: RE: Straight nobody important
Nov 7, 2008, 3:23 pm
RE: Straight
Nov 7, 2008, 10:32 am
Straight MELANIE
Nov 7, 2008, 10:09 am
RE: Get Your Facts Straight dot_hemath
Nov 6, 2008, 12:34 pm
RE: Get Your Facts Straight JG
Nov 6, 2008, 12:22 pm
Get Your Facts Straight James Miller
Nov 6, 2008, 9:08 am
RE: RE: RE: Government Prosecution truto
Nov 5, 2008, 4:22 pm
Courts going crazy Rick
Nov 5, 2008, 3:03 pm
RE: RE: Government Prosecution Monika L
Nov 5, 2008, 2:38 pm
AIG crooks & more crooks truto
Nov 5, 2008, 2:27 pm
RE: Government Prosecution confused
Nov 5, 2008, 1:50 pm
RE: RE: RE: RE: AIG/Gen Re sentences Anonomus
Nov 5, 2008, 1:36 pm
Life in Prison David
Nov 5, 2008, 1:27 pm
Government Prosecution Monika L
Nov 5, 2008, 1:23 pm
This happend under Hank and Warrens watch Hank and Warren
Nov 5, 2008, 1:01 pm
RE: RE: RE: AIG/Gen Re sentences Ralph
Nov 5, 2008, 12:48 pm
RE: RE: AIG/Gen Re sentences JG
Nov 5, 2008, 12:36 pm
RE: AIG/Gen Re sentences Sarah Superstar
Nov 5, 2008, 12:06 pm
AIG/Gen Re sentences geoff jones
Nov 5, 2008, 10:29 am
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