AIG Was Forewarned of Inherent Weaknesses in its Management
U.S. regulators sent a letter to American International Group Inc in March warning of its lack of transparency and ability to oversee its financial products, a top Democratic lawmaker said on Tuesday (10/7/08). Rep. Henry Waxman, who chairs the House Oversight and Government Committee, revealed the letter from the Office of Thrift Supervision (OTS) and a [...]
More: continued here
Tags: 2008, E, Government, Law, Regulators, The, U.S