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...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...Revisionist history Maurice “Hank” Greenberg, the recently ousted chairman of AIG, the world’s largest insurance company, has always been a tough businessman, but even he might have felt a bit hurt if he...
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