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Records have shown that U. S.-based American International Group Inc. has reached a $725 million settlement in a securities lawsuit alleging insurance bid-rigging.

The Wall Street Journal has reported that AIG must pay $175 million within 10 days of winning preliminary approval of a federal judge in New York and $550 million later.

The long-running civil lawsuit, filed by a group of Ohio pension funds, accused the insurer of trying to inflate its stock price and of accounting fraud that artificially boosted its insurance reserves.

According to the official reports, Dell Inc. has said that it has proposed a settlement with U. S. regulators over the computer maker's accounting for deals with chip giant Intel Corp.

Dell said in a release that staff at the Securities & Exchange Commission agreed to recommend the settlement to SEC commissioners. The settlement would require approval of the SEC and a district court.

While Vidya Balan who considers herself half Bengali had herself a ball in Kolkata last week shooting for Rajkumar Gupta's No One Killed Jessica. Rani Mukherjee who is a fully certified Bengali was not to be seen in her home-town.

Going by the way Vidya's shooting schedule went in Kolkata, it was all for the best if Rani stayed away.

Apparently, the 2-day schedule had to be shot with secret cameras in prominent public places where the security was most inadequate.

According to sources, American Airlines has joined Southwest and United in offering passengers willing to pay for it the privilege of boarding first.

The South Florida Sun Sentinel has reported on its Web site on Saturday that passengers pay from $9 to $19 for American's "boarding and flexibility package." The package includes allowing passengers to leave on an earlier flight at no charge if space is available and a $75 credit against fees if passengers have to change reservations.

The team of producer Jerry Bruckheimer and John Turteltaub who earlier associated together successfully for National Treasure 1 and 2 have come out with their latest offering, The Sorcerer's Apprentice which is a fun slice of escapist entertainment that's teeming with the kind of creativity Disney used to be famous for.

It has been reported that Republicans charged on Sunday the Obama administration has been lax in keeping oil from the massive Gulf of Mexico spill away from shorelines.

With no oil gushing into the gulf for the first Sunday in almost three months, the GOP lawmakers appearing on news shows focused heavily on the clean-up efforts after the worst environmental disaster in U. S. history.