IT Compliance and Controls

Converging Business, Information, and Controls

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Entries from October 2008

Financial Crisis Fraud: AIG hid problems from Auditors

October 8th, 2008 · No Comments

As one may expect, given massive amounts of defaults, bad lending practices, nonexistent risk management departments, and essentially a complete lack of due diligence is there any expectation that fraud did not occur?  One of many to be coming to light is that of AIG.  According to recent findings AIG hid financial distresses and practices […]

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Tags: Fraud · Risk Awareness