Opening arguments began on Tuesday in the trial of Maurice "Hank" Greenberg over accounting fraud at the insurance giant some 16 years ago.
Greenberg, 91, is facing civil charges from the New York Attorney General's Office of orchestrating a $500 million transaction to inflate the insurer's reserves and a $200 million transaction to hide underwriting losses. Greenberg, who sat at the defense table in New York state court in Manhattan, is expected to testify during the trial.
NEW YORK— The state pressed on for more than a decade with civil fraud claims against a 91- year-old former chief executive of insurance company American International Group Inc. as a warning to other executives that wrongdoing won't go unpunished, a state attorney told a judge on Tuesday during a trial's opening statements. Assistant Attorney General David...
NEW YORK, Sept 13- Opening arguments are set to begin on Tuesday in the trial of former American International Group Inc chairman Maurice "Hank" Greenberg over accounting fraud at the insurance giant some 16 years ago. The case, filed by then- New York Attorney General Eliot Spitzer in 2005 and which also names former AIG chief financial officer Howard Smith as a...
New York’s civil rights case against Maurice R. Greenberg, the former chief executive of the insurance giant A.I.G, goes to trial this week.
NEW YORK, June 2- Former American International Group CEO Maurice "Hank" Greenberg must stand trial over alleged sham transactions, New York's top court ruled on Thursday, as the long-time financial industry titan failed in his 11- year-old quest to escape civil fraud charges. The New York Court of Appeals also ruled that the state could seek to recoup from...
Ted Cruz denounced an article in the National Enquirer tabloid claiming he had extramarital affairs as "complete and utter lies."
It can be hard to know which stock advice to listen to. TipRanks, backed by Eliot Spitzer looks to change all that.
Tipranks allows investors to see analyst ratings on stocks. Insight, with Uri Gruenbaum, Tipranks founder and CEO, and Eliot Spitzer, Tipranks board member and former NYS Governor.
As less original research is done, companies have increasingly learned how to play the "game" of lowering estimates going into the quarter.
Discussing the changes in the advertising business, and Apple's brand since the loss of Steve Jobs, with advertising executive Jerry Della Femina, He also weighs in on a recent political ad he released slamming Eliot Spitzer.
The vote on the continuing resolution to keep the government funded has been delayed, and Eliot Spitzer lost the Democratic Party primary for New York City. CNBC's Seema Mody has the details.
Ken Langone, co-founder of Home Depot, shares his final thoughts on the return of Eliot Spitzer.
The details of Spitzer's previously opaque financial life were revealed in copies of his tax returns from the past two years provided to The New York Times on Wednesday.
Investigators are digging to track all the money in the investigation into a New York couple accused of running an international prostitution and money-laundering operation. CNBC's Andrea Day offers insight.
John Liu, New York City comptroller, discusses the fund's record setting performance and Eliot Spitzer's run for comptroller.
Recent polls show Eliot Spitzer may be back in New York politics, and its women who are leading the votes. Mickey Carroll, Quinnipiac University Polling; and Kellyanne Conway, The Polling Company, discuss whether it surprises them Spitzer has so much female support.
Here comes Wall Street: Former AIG CEO Hank Greenberg is suing Eliot Spitzer for defamation.
Netflix has more than 36 million streaming customers, and former AIG CEO Hank Greenberg has filed suit against Eliot Spitzer. CNBC's Seema Mody has all the details.
CNBC's Brian Sullivan speaks to Kristin Davis, NYC Comptroller candidate, about Spitzer's request for redemption, and her background in finance.