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Federal prosecutors and regulators are examining whether Joseph Brandon, chief executive of General Reinsurance Corp., a division of Berkshire Hathaway (BRKA) (BRKB) , played a role in a controversial transaction between General Re and American International Group (AIG) , The Wall Street Journal said Thursday, citing several people with knowledge of the inquiries. Brandon is the highest-ranking executive at General Re to be investigated in the matter and to remain employed at the company, the report said.
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