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An independent review committee yesterday said it found no basis for the accusation that Maurice Greenberg, former head of American International Group, cheated a charitable foundation out of millions of dollars.

In December 2005, Eliot Spitzer–while serving as New York’s attorney general–had issued a report charging that Mr. Greenberg and other executives had enriched themselves at the expense of The Starr Foundation created by AIG’s founder, Cornelius Vander Starr.

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