U.S. investigators are probing the former head of American International Group Inc's (AIG.N) Financial Products unit, Joseph Cassano, and other executives for securities fraud, a law enforcement source familiar with the case said on Friday.
The source said that a grand jury may be impaneled this month in New York to consider potential charges that executives failed to disclose the value of toxic assets to the bailed-out insurance company's outside accountants and shareholders.
U.S. probes AIG executives: source
A U.S. congressional committee on Wednesday accused Columbia University's president of failing to protect Jewish students...
The Maine Legislature approved sweeping gun safety legislation including background checks on private gun sales, waiting...
As wildfires ripped across Maui last August, the head of the emergency management agency dragged his...
