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As a follow-up to our piece on AIG and its spending during this financial crisis, ABC News is reporting that Attorney General of New York Andrew Cuomo plans to “review, rescind, and recover all past unreasonable expenditures” from AIG since January 2007.
“We believe these expenditures and payments, made in the absence of fair consideration, violated New York law,” Cuomo said in a letter to the AIG board of directors.
For both journalists and communicators, the news cycle never ends. At The Cycle, PRWeek’s editorial team offers commentary and viewpoints on how the latest marketing, business, political, and cultural news impact the PR industry.
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NYT looks at drug ad confusion among marketers
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