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Spitzer sinks teeth further into world's largest insurer

New York State regulators have almost completed drafting a civil complaint against American Internat...

New York State regulators have almost completed drafting a civil complaint against American International Group, alleging the insurer improperly burnished its financial results and misled regulators and investors, according to The Wall Street Journal.

The document, being written by New York State Attorney General Eliot Spitzer's office and the New York State Insurance Department, could be filed by the end this month, WSJ reported, citing a source close to the company.

The company is under

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