Friday, August 12, 2005

A.I.G.'s View of Regulators


The American International Group, the insurer that restated $3.9 billion of profit in May, now has a productive relationship with regulators investigating its accounting, its chairman, Frank G. Zarb, told shareholders yesterday.

"A.I.G. in recent months has forged a productive, constructive, professional relationship with our regulators," Mr. Zarb said yesterday at A.I.G.'s annual meeting in New York. "This company is committed to working openly, without reservation."

See full Article (free registration required).