Maiden CEO Raschbaum testifies in whistleblower trial

Maiden Holdings CEO Art Raschbaum has vehemently defended the
Bermudian reinsurer against fraud allegations made by the
firm's former chief operating officer and general counsel.
At a hearing yesterday in New York before a US Department of
Labor administrative law judge, Raschbaum said he did not believe
that "by any measure" Maiden could be considered to have
committed a fraud against its shareholders.
It is the latest development in a long-running case brought by
former employee Bentzion Turin