NU Online News Service, June 17, 12:20 p.m. EDT
John Houldsworth, who turned government witness in the securities fraud case involving American International Group and General Reinsurance Group, was sentenced to probation yesterday.
The two-year term was imposed by U.S. District Judge Christopher F. Droney in Hartford, who presided over the trial of an AIG executive and four Gen Re executives who were convicted of creating a sham reinsurance transaction to pump up AIG's financial picture.
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