A.I.G.
ORG
A.I.G A.I.G.
Three former top executives at a Berkshire Hathaway subsidiary, the General Reinsurance Corporation, and a former senior executive of the American International Group requested not guilty to federal fraud and conspiracy charges. The defendants are Ronald E. Ferguson, the former chief executive of General Re; who is Elizabeth A. Monrad, the company's former chief financial officer; who is Robert D. Graham, a former assistant general counsel; and M. Christian Milton, the former head of reinsurance at A.I.G. The charges against the four stem from a two-part reinsurance transaction, which was executed in 2000 and 2001, that federal prosecutors have called a sham, intended to inflate A.I.G.'s financial position and mislead investors.