< How times change | Main | Week Two Lay-Skilling trial schedule >
February 06, 2006
AIG deal near
As discussed in more detail here earlier, the settlement between American International Group and regulators over business fraud charges may be consummated as early as later this week, according to this Wall Street Journal ($) article (NY Times article here).
The expected amount of the regulatory extortion, er, I mean, "settlement": $1.6 billion.
9 Feb. 2006 Update: It's a done deal. NY Times article on the settlement is here.
Posted by Tom at February 6, 2006 04:30 AM
Trackback Pings
TrackBack URL for this entry:
http://mtcgi.kir.com/mt-trackbk.cgi/2847
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)