National News
Former General Re, AIG Executives Could Face Life in Prison
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 federal judge's ruling that AIG shareholders lost more than $500 million under the scheme.
The ruling was issued by Judge Christopher Droney in New Haven, Conn. The guideline range and a sentencing date have not been set yet.
Four former executives of General Re Corp. and a former executive of AIG were convicted in February of conspiracy, securities fraud, mail fraud and making false statements to the Securities and Exchange Commission.
General Re is part of Berkshire Hathaway, which is led by billionaire investor Warren Buffett of Omaha, Neb.
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| 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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