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Corporations and securities brief ~ AIG fires execs for not cooperating with probe

March 22, 2005 11:30:00 AM

Leading Tuesday's corporations and securities law news, the Wall Street Journal is reporting American International Group Inc. (AIG) has fired CFO Howard I. Smith and a vice president Christian M. Milton after the executives indicated they...

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THIS DAY @ LAW

FBI chief J. Edgar Hoover died

Longtime FBI Director J. Edgar Hoover died on May 2, 1972 at age 77, having led the agency since 1924. He built his reputation on battling bootleggers during Prohibition and communist and pro-rights groups after World War II.

Review Hoover's official FBI personnel file, released under the terms of the Freedom of Information Act.

European Central Bank founded

On May 2, 1998, the European Central Bank (ECB) was founded to set monetary policy for the sixteen EU nations who use the Euro as their primary currency.

Learn more about the ECB from the organization's website.