Fraud probe into UK firm's role in collapse of world's largest insurer AIG

These creeps are the reason we are in the state we are.-Lou

Fraud probe into UK firm's role in collapse of world's largest insurer AIG

A fraud investigation was launched last night into a UK firm’s alleged criminal involvement in the multi-billion-pound collapse of the world’s largest insurer.

The probe by the Serious Fraud Office into AIG Financial Products will focus on those with ‘inside knowledge’ of the collapse.
Investigators will try to establish how it lost almost £8billion and brought its American parent, AIG, to its knees.

The downfall of AIG, now 80 per cent owned by the U.S. government, was one of the pivotal events in the start of the global financial crisis.

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http://www.dailymail.co.uk/news/article-1143740/Fraud-probe-UK-firms-role-collapse-worlds-largest-insurer-AIG.html