News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

AIG fires two directors who invoke right to silence

AIG, the world's biggest insurance company, has dismissed two executives who refused to co-operate with investigations into a reinsurance contract allegedly designed to flatter the company's financial results.

The Wall Street Journal reports that the firm fired the executives after they invoked their Fifth Amendment rights to silence.

WSJ Logo