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Article: Spitzer signals AIG won't face indictment; Investigators preparing to question Greenberg and Buffett.( )
- Article from:
- Business Insurance
- Article date:
- April 11, 2005
- Author:
CopyrightCOPYRIGHT 2005 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: DOUGLAS McLEOD
NEW YORK-New York Attorney General Eliot Spitzer last week indicated that he will not pursue criminal charges against American International Group Inc. as probes of the insurance industry expanded and investigators prepared to question former AIG Chairman Maurice R. Greenberg and Berkshire Hathaway Inc. Chairman Warren Buffett.
Mr. Buffett is scheduled to be interviewed today by investigators for Mr. Spitzer, Securities and Exchange Commission investigators and federal prosecutors about transactions between Berkshire's General Reinsurance Corp. and various insurers, including AIG, Berkshire reported last week.
"General Re ...