5 Execs Found Guilty of Fraud in Gen Re-AIG Trial

February 25, 2008

  • February 26, 2008 at 2:38 am
    Titanic watcher says:
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    I think it is just the begining. More canaries (generally honest people forced out of their jobs from ‘interesting firms’ or made to play hardball / document everything as the ever ‘A+’ student type to hold on to their ride)will begin singing in the months to come and many guilty parties will talk to save their sorry ‘C’ grade but bullying asses. There is nothing new under the sun here folks. It is always the same. The law is very patient and meticulous in going about their objectives. Each judgment is but part of a greater strategy. Once the wheels are in motion, you really cannot stop the process. Maybe I am wrong, but we will see. The titanic was not very nimble, but it was a heavy damn thing and there was no stopping its impact too. The more press we see and the more stuff comes up, the more this will all drive the process to its inevitable end. For the many honest insurance co. and broker employees, you will have your day…

  • February 26, 2008 at 2:48 am
    Jesse says:
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    I can see you were not an English major. Lying and misleading are one of the same. Moreover, this has nothing to do with investments but about no telling the truth. What’s up with McDonald’s?

  • February 26, 2008 at 3:38 am
    timaeus says:
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    Brandon was not CEO when this went down, Ferguson was.

  • February 26, 2008 at 3:39 am
    timaeus says:
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    Exactly, if this was a civil case, it would be dismissed, no harm, no foul.

  • March 23, 2008 at 1:17 am
    grixepipleree says:
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  • April 12, 2008 at 8:00 am
    John Peters says:
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    They were convicted and should do time in jail if their appeals are unsuccessful. The focus on white collar crime should be the word CRIME.

  • April 12, 2008 at 8:10 am
    BAM says:
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    “They were convicted and should do time in jail….”

    Thanks for the fresh thoughts. A jury couldn’t possibly have understood the transaction, and we now have an alleged crime ramrodded by a criminally corrupt prosecutor. Things could change.



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