Spokesman Darren Dopp noted that the dropped charges were wholly unrelated to, and less serious than, the core charge of fraud that it had filed against Greenberg and Smith, mainly on the basis of risk transfer transactions with General Reinsurance , or GenRe, that allegedly misstated AIG's financial health to its shareholders.

FORBES: Greenberg Still Headed To Court

The recession and a surge in the number of new power plants brought online had cut the prices it could charge for generating electricity--its core business--from a peak of 25 cents per kilowatt-hour (in California, December 2000) to 2.7 cents a year later.

FORBES: Power Broker

He pled guilty to one count of "material support, " a charge reserved for facilitators rather than hard-core terrorists.

CENTERFORSECURITYPOLICY: Center For Security Policy