Attorney General of New York Andrew Cuomo is investigating all of AIG's expenses since January 2007 after reports of luxury spa retreats and lavish hunting trips.
AIG said today that the company will "fully cooperate" with the investigation.
"On October 10, we issued a clear directive ending all activities that are not essential to the conduct of our business," said a statement issued by AIG. "We will continue to take all measures necessary to ensure that these activities cease immediately. AIG's priority is to continue focusing on actions necessary to repay the Federal Reserve loan and emerge as a vital, ongoing business."
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