Warren Buffett says Gen Re settlement is fitting

and the company' Cheap Inflatable Jumpy Castles top leadership ha changedGen Re previous forfeit to the govern about $5 million in fee it earn for it role in the AIG account scheme..

" Buffett said dure an interview on the Fox Busi Network. "It shouldn't have been done,"We did someth wrong and we paid the price. and there' noth inappropri about the fine we paid, so I have no problem with it."

base in Stamford,Gen Re. Conn., is pai $31.7 million to settl govern investig into transact Gen Re did with AIG and Prudential. The transact in question help both AIG and Prudenti make their balanc sheet appear healthier than thei realli were.

Gen Re will also pai $60.5 million to resolv a class-act lawsuit by AIG shareholders.