Maurice "Hank" Greenberg, Former American International Group Chief Executive, will pay $15 million to settle an accounting charge.
According to the article,
Greenberg and Smith were responsible for "material misstatements" that helped AIG create the false impression that the insurer had consistently met or exceeded key earnings and growth targets, the SEC claimed.
Read the full article here.
Showing posts with label American International Group. Show all posts
Showing posts with label American International Group. Show all posts
Monday, August 10, 2009
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