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Warren Buffett, boss of Berkshire Hathaway, agreed to meet regulators investigating a reinsurance contract between AIG, an insurance group, and General Re (a unit of Berkshire Hathaway), which is at the centre of probes into AIG’s financial and insurance practices. The legendary investor says he did not have detailed knowledge of the transaction. Meanwhile, Maurice āHankā Greenberg stepped down as chairman of AIG, two weeks after leaving the post of CEO.
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