NU Online News Service, May 6, 4:25 p.m.EDT--Federal prosecutors are looking into allegations thatformer American International Group Chairman Maurice "Hank"Greenberg tried to manipulate the company stock price, the New YorkTimes reported this morning.
According to the account, an executive in the AIG trading groupreported that Mr. Greenberg instructed a trader to buy AIG stock asthe price was falling earlier this year.
The conversations between the trader and CEO were recorded,tapes of which were turned over to both federal prosecutors and theSecurities and Exchange Commission, the newspaper reported.
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