PwC Ignored Warnings on AIG: Report

The audit committee of the insurer's board stated in 2001 and 2002 that the committee couldn't independently gauge the soundness of the company's accounting, according to a news story

American International Group’s outside auditor, PricewaterhouseCoopers LLP, overlooked disclaimers from the insurance giant’s audit committee stating that the committee couldn't vouch for AIG's accounting, according to The Washington Post.

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