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American International Group, Inc. Message Board

  • gang07748 gang07748 Apr 26, 2005 6:16 AM Flag

    More news

    5:41am 04/26/05

    AIG reportedly finds more flaws in its books (AIG) By Abby Deveney

    LONDON (MarketWatch) -- American International Group -- under scrutiny for using transactions to improve its financial condition -- has uncovered at least $1 billion more in accouting problems, the New York Times reported, sourcing people who had been briefed on the company's investigation. An internal review is progressing as a law firm completes a separate investigative report on who at AIG (AIG) was reponsible for certain questionable transactions, and the accounting of those transactions, the Times reported. An AIG spokesman declined to comment.

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