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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Apr 03, 2009

Page

11

Former General Re CFO Jailed for AIG Stock Fraud

Elizabeth Monrad, 52, of New Canaan, was sentenced to 18 months in federal prison and fined 250000 for involvement in an accounting fraud that propped up AIG shares. Judge Droney said she helped begin the scheme and warned that such conduct harms the financial community.

Hartford Conn General Re Corp American International Group Elizabeth Monrad New Canaan AIG Christopher Droney Monrad General Re Droney Appalachia Sri Lanka

House approves FDA regulation of tobacco products

The House passed the Family Smoking Prevention and Tobacco Control Act by 298 to 112, granting the FDA authority to regulate cigarettes and other tobacco products. The bill faces Senate action later in the month with White House support and opposition likely from tobacco states.

House Washington, D.C Food and Drug Administration Senate White House Bush Can Heart Association Nancy Brown Energy and Commerce Committee Henry Waxman D-Calif Waxman Edward Kennedy D-Mass FDA Supreme Court

Global Leaders Agree to $1.1 Trillion Aid Plan

The G20 pledges $1.1 trillion in loans and guarantees for poor nations and creates a supervisory body to flag global financial risks. They fail to reach broad stimulus commitments though US and UK urge more spending. The communique shows progress on market regulation with markets rising as the summit unfolds.

London Group of 20 Nations U.S United States

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