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March 02, 2009 10:10 PM
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Time will tell. According to reports the FBI has been investigating the company for some months now for mortgage fraud. There was also and SEC probe about the credit default swaps. While these are all old news prior to the bailout, what is more interesting is far more recent news that the UK has launched a criminal investigation.
Source(s):
http://www.ajc.com/homefinder/content/business/stories/2008/09/25/aig.html?...
http://www.businessinsurance.com/cgi-bin/article.pl?article_id=25994
http://www.forbes.com/feeds/afx/2008/06/06/afx5087996.html
http://www.iht.com/articles/2009/02/12/business/aig.php
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Mahalo is adding a tip to all questions that don't offer a tip.
While AIG's implosion result in a criminal investigation and/or fraud charges against their executives?
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| March 17, 2009 10:29 AM | view on twitter |
Source(s):
http://www.ajc.com/homefinder/content/business/stories/2008/09/25/aig.html?...
http://www.businessinsurance.com/cgi-bin/article.pl?article_id=25994
http://www.forbes.com/feeds/afx/2008/06/06/afx5087996.html
http://www.iht.com/articles/2009/02/12/business/aig.php
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