AIG Agrees To Pay Oregon $8 Million

by Kristian Foden-Vencil, Oregon Public Broadcasting

Insurance giant AIG admits no guilt in the pension fund settlement. It did agree to pay Oregon's pension fund $8 million for inflating its share price between 2000 and 2005. The state is getting back about 50 cents on the dollar. The agreement is good for state employees, whose pensions get shored up.

Broadcast Dates

• Morning Edition, February 26, 2010