AIG Says Reporter's Docs Push Threatens Government Deals

Law360, Washington (December 10, 2012, 3:46 PM EST) -- American International Group Inc. urged a D.C. Circuit panel on Monday to free it from giving a journalist reports detailing how it helped companies move bad assets off their balance sheets, claiming it could jeopardize the federal government's ability to settle cases with consent decrees.

The independent consultant's reports were mandated by the U.S. Securities and Exchange Commission as part of a 2004 consent decree with AIG, but they were never filed in the judicial record and contain sensitive information about the insurance giant and its...
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