Play 23 different addictive eWoss Games. It's FREE! Win money!
eWoss News
Home  News  Sports  Games
   
Welcome Guest
   Sign Up | Sign In
Business News
Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance

eWoss News
Breaking News Headlines
Top News Stories
U.S. National News
World News
Sports News
Business News
Entertainment News
Tech Industry News
Political News
Science News
Health News
Weird News

eWoss NewsBar
Free News Headlines Embedded in Your Browser

eWoss Sports
eWoss Sports Home
NFL
NBA
NCAA Football
College Hoops
NHL
MLB

Latest Business News

Report: Greenberg Resigned Amid AG Threat

Friday, April 01, 2005 7:43:24 AM

NEW YORK (AP) - Maurice Greenberg abruptly resigned as longtime chairman of American International Group Inc. amid a threat that the New York attorney general would indict AIG if he was still at the embattled company's helm as it faced growing government probes, The Wall Street Journal reported in Friday's editions.

The Journal, citing unnamed sources familiar with the case, said Attorney General Eliot Spitzer told AIG lawyers he was dismayed over what he called the "document caper."

In Bermuda last Friday, a lawyer for Greenberg, whose nickname is Hank, carted boxes of documents out of an AIG office and into a van, the sources told the Journal. The next day, lawyers hired by AIG to handle a regulatory probe discovered certain records were missing, and that an AIG employee had destroyed some computer records and tape recordings of business meetings, the sources said.


Would you like to read the rest of this article?

Register with us. It's free!

Registered users have complete access to all articles.

The registration process takes less than one minute to complete. Remember, there is absolutely no charge for this service.

So please sign up or sign in to enjoy unrestricted access to eWoss News.

Other Latest Business News

Panel says US has been in recession since Dec. '07 1:27PM CT
Retailers offer deals, discounts on 'Cyber Monday' 1:25PM CT
Russian frigate escorts 3 cargo ships off Somalia 1:21PM CT
J&J to buy breast implant maker Mentor for $1.07B 1:19PM CT
Oil at $50 with US economy officially in recession 1:13PM CT
Pilgrim's Pride files for bankruptcy protection 1:09PM CT
UK launches prosecution over huge oil depot fire 1:06PM CT
Strong dollar means Mexico migrants send more home 1:00PM CT
Bernanke: lower interest rates are "feasible" 12:57PM CT
German chip maker Qimonda could face bankruptcy 12:42PM CT

   

© 2008 eWoss.com. All trademarks are the property of their respective owners. All Rights Reserved.
Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.