Equity analyst says she relied on AIG's accounting
HARTFORD, Conn. January 09 (BestWire) — Alice Schroeder, an equity analyst with Morgan Stanley, testified in federal court Jan. 9 that she would not have upgraded American International Group Inc.'s stock to a strong buy in March of 2001 had she known that the company had misrepresented its loss reserves.
“Seriously, if I had known, it would have almost certainly affected my decision,” she said. Schroeder, who was called by the government in the trial of former executives of General Reinsurance Corp
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