Monday, April 4, 2005

No Criminal Charges for AIG

In a statement made today, NY Attorney General Elliot Spitzer said that it was his believf that the AIG matter will be resolved as a civil matter. Commentators and investors are apparently taking this as confirmation that there will not be a criminal case against AIG or its officers.

Criminal charges could be the kiss of death for a corporation such as AIG.
Post a Comment