News - Anne Milgram
Nineteen states are investigating U.S insurance giant American International Group Inc., for possible securities fraud based on its bonus pay, officials said. New Jersey Attorney General Anne Milgram is leading the coalition, focusing on possible violations of New Jersey Uniform Securities Law, Insurance & Financial Advisor reported Tuesday. Milgram, in a March 19 letter, requested AIG turn over the names of employees who received bonus checks, copies of their work contracts and the sources of the bonus pay. At the heart of the matter is federal emergency loans totaling $170 billion and whether these funds were used to reward employees in spite of the company's massive losses. The controversy sparked outrage in Washington, triggering lawmakers to assemble tax bills directly targeting the bonus pay. Some AIG executives have volunteered to return their bonus pay.
By Anonymous EXXON MOBIL CORP., the world's biggest oil company, is liable for polluting New Jersey waterways, wetlands and marshes at two former refinery sites with oil as deep as 17 feet, a judge ruled.
By PATRICIA ALEX, STAFF WRITER New Jersey is going after a college gossip Web site that allows anonymous users to post salacious items about students and often includes identifying personal information such as addresses.
JuicyCampus.com, the Web site with the slogan ‘Always anonymous, always Juicy,’ has been served a subpoena by New Jersey prosecutors citing its inability to regulate some user-submitted content which is hateful and offensive.
