SEC Probe Of Ex-AIG Exec Also Looks At Capco Deal

Law360, New York (May 27, 2008, 12:00 AM EDT) -- The U.S. Securities and Exchange Commission's probe of the former American International Group Inc. chief executive reportedly extends beyond a review of a deal the insurer struck with General Reinsurance Corp. to include a second agreement that affected the company's earning restatement in 2005.

The SEC's investigation of ex-CEO Maurice “Hank” Greenberg, who could be facing civil charges for manipulating AIG's financial statements, includes an examination of the insurance giant's dealings with Capco Reinsurance Co., a defunct company that AIG once controlled, The Wall Street Journal...
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