Whatever happened to Ferguson of BF fame?

[silverfox]

I think his sentencing is up... He's been off the radar for 2 years now and I'm curious. Early release due to good behavior? CAS lists him so he must have paid dues from prison and no action from CAS to strip him of his credentials.

[JMO]

I wonder how a prisoner manages to get CPD credits.

[silverfox]

Maybe he's old enough for a retiree exemption?

[Linus]

While we know he was sentenced to two years in prison a bit more than two years ago, I can't find any stories relating to him actually reporting to prison.

I did find links regarding:
- Prosecution possibly appealing the sentence since they were pushing for life in prison
- Ferguson studying to become a minister
- And the latest, Ferguson and his co-defendants appealing their convictions from this past November.

[silverfox]

What's with the super crap quality of scanned evidence? I'd say it's time for the government to buy a new scanner. http://www.businessinsurance.com/ass...f/2008_191.pdf

[Abnormal]

Five former executives of the American International Group and Gen Re, a Berkshire Hathaway unit, admitted on Friday that they had conducted a fraudulent reinsurance transaction as part of a deal to end a years-long criminal case against them. All five entered into deferred prosecution agreements, meaning their indictments are to be dismissed in a year. They also agreed to fines ranging from $100,000 to $250,000. In 2008, a former Gen Re chief executive, Ronald Ferguson; the chief financial officer, Elizabeth Monrad; the senior vice president, Christopher Garand; and the assistant general counsel, Robert Graham; and an A.I.G. vice president, Christian Milton, were convicted of engineering a reinsurance deal to fraudulently increase A.I.G.’s reserves. Those convictions were thrown out by a federal appeals court in 2011 but a new trial was scheduled.

http://www.nytimes.com/2012/06/23/bu...osecution.html

[JohnLocke]

Originally Posted by Abnormal

Five former executives of the American International Group and Gen Re, a Berkshire Hathaway unit, admitted on Friday that they had conducted a fraudulent reinsurance transaction as part of a deal to end a years-long criminal case against them. All five entered into deferred prosecution agreements, meaning their indictments are to be dismissed in a year. They also agreed to fines ranging from $100,000 to $250,000. In 2008, a former Gen Re chief executive, Ronald Ferguson; the chief financial officer, Elizabeth Monrad; the senior vice president, Christopher Garand; and the assistant general counsel, Robert Graham; and an A.I.G. vice president, Christian Milton, were convicted of engineering a reinsurance deal to fraudulently increase A.I.G.’s reserves. Those convictions were thrown out by a federal appeals court in 2011 but a new trial was scheduled.

http://www.nytimes.com/2012/06/23/bu...osecution.html

Wouldn't they want to decrease reserves?

[campbell]

Originally Posted by JohnLocke

Wouldn't they want to decrease reserves?

You have much to learn, grasshopper.

[Abnormal]

Originally Posted by campbell

You have much to learn, grasshopper.

Beat me to it.