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- Former A.I.G. Chief Denies He Knew of Payback Terms in Reinsurance Deal October 5, 2016In his testimony in his civil fraud trial, Maurice Greenberg said he was unaware of certain repayment terms in a multimillion-dollar reinsurance deal.
- Ex-A.I.G. Chief Parries Inquiries on Offshore Reinsurer in Fraud Trial September 30, 2016The state contends Capco was a sham used to convert into investment losses $163 million in auto insurance losses, duping investors.
- A Sour Surprise for Public Pensions: Two Sets of Books September 18, 2016The plight of a tiny local retirement fund in California shows how some public pension plans are far less funded than their official numbers suggest.
- Polishing Financial Results Looks Good, but Can Lead to Fraud September 13, 2016Cases involving American Realty Capital Partners and Fiat Chrysler show how manipulating reported results can end up misleading investors.
- Monsanto Whistle-Blower: $22 Million Richer, but Not Satisfied September 11, 2016The former employee at the agribusiness company said he was still bothered that management was not held accountable for years of accounting violations.
- Bloated Pay Came Before Hain Celestial’s Error August 21, 2016Investors were stunned when Hain said it had an accounting problem, but clues to oversight problems had been evident for a while in the company’s excessive executive pay.
- Accounting Error May Not Derail Deal, but Ex-Director Bails Early Anyway August 7, 2016Diamond Resorts’ stock has held up despite a delayed earnings report, because it’s about to be bought. So why did an ex-director cash in so much stock?
- A Profit Bump for Companies, and Tax Transparency for Investors July 24, 2016A shift in the way companies deduct stock options will raise reported net earnings, but it could also rekindle a debate about low U.S. corporate taxes.
- Former A.I.G. Chief Denies He Knew of Payback Terms in Reinsurance Deal October 5, 2016