Tag Archives: accounting fraud
Ex-Chief of AIG Settles SEC Case for $15 Million
The Ledger – Federal regulators announced an agreement with Maurice R. Greenberg on Thursday to settle accusations that he oversaw an accounting fraud at the American International Group. But Mr. Greenberg did not go quietly. Shortly after the announcement from […]
Madoff scam may spark tightening of hedge rules
Evening Standard – Veterans of the secretive $1.5 trillion (£1 trillion) industry say the $50 billion Madoff fraud could bring about sweeping changes in the way the authorities monitor activity. "This is an Enron moment for hedge funds," said Peter […]
