Civil suit filed against AIG
Authorities in New York have filed a civil lawsuit against American International Group (AIG) and two former top executives of the insurance company, saying they committed fraud and manipulated its books to deceive regulators and investors.
In the first legal action by regulators concerning AIG's recently acknowledged accounting errors, New York attorney general Eliot Spitzer and New York insurance superintendent Howard Mills cited aOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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