A.I.G. Will Accept Monitor and Pay $80 Million to Close Inquiries

Article Abstract:

Insurance company, American International Group, will pay a $80 million penalty and allow an independent monitor to examine their books as part of a settlement with the Securities and Exchange Commission. A.I.G. sold finite risk, also called loss mitigation, insurance that allows companies to manipulate their earning statements.

Legal issues & crime, Financial management, INSURANCE CARRIERS, Compromise and settlement, Company legal issue, Settlements (Law), Finance, Insurance industry, Investigations, Discipline, United States. Department of Justice, American International Group Inc., United States. Securities and Exchange Commission, Company financing, AIG

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Mix of Quake Aid and Preaching Stirs Concern

Article Abstract:

Sri Lankan religious leaders are worried that American Christian groups who have come to help with the disaster relief effort might lead to an anti-Christian backlash because they are combining assistance with missionary work.

Public affairs, Other Justice, Public Order, and Safety Activities, Ethics, Sri Lanka, Disaster Aid, Disaster Relief & Insurance, Social aspects, Political aspects, Ethical aspects, Religious aspects, Disaster relief, Americans abroad, Missionaries, Americans in foreign countries, Indian Ocean Earthquake and Tsunami, 2004

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