Hints and tips:
...In 2009, Mnuchin led a group of private equity investors that bought IndyMac, a mortgage lender that failed in the 2008 financial crisis, from the Federal Deposit Insurance Corporation....
...While its execution might be engagingly upbeat, its concerns are anything but: these corporations have us in their sights, it seems to say, and they’re not done yet....
...Corporation last year....
...In recent decades, buyout groups such as Blackstone, KKR, Apollo and TPG have transformed from clubby partnerships into publicly traded corporations with large public market valuations....
...The Korean Wave” exhibition at the V&A Lola Shoneyin Writer and festival organiser by Chimamanda Ngozi Adichie Lola Shoneyin’s subversion is deliciously sly, her humour mordant, her eyes pitiless and...
...Shares plummeted 95 per cent, class-action lawyers were circling and commentators were openly speculating about whether the bank would be taken over by the Federal Deposit Insurance Corporation....
...It should come as little surprise, therefore, that the vast majority of repo funding for government securities dealers in those early years came from non-financial corporations....
...In the late 1990s, he met Walter, who was running an insurance and investment firm, Liberty Hampshire, which would eventually become the foundation for Guggenheim Partners....
...Corporation’s hands....
...Its interest expense shot up 10-fold, to $525mn in the last three months of 2022, from just under $50mn a year earlier, data from the Federal Deposit Insurance Corporation shows....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Thanks to that and a reluctant decision by the Federal Deposit Insurance Corporation to allow GE to participate in the same lines of credit and government guarantees the agency was affording traditional...
...“Here, the focus has mainly been on FMCG [fast moving consumer goods] products,” says Victoria Waugh, co-founder of V&V Sustainability Consultancy....
...Commended Liberty Mutual O: 7; L: 7; I: 7; Total: 21 The insurance company’s legal department is aiming to unify practice areas and encourage greater collaboration and agility in problem solving....
...She would undo the rise in national insurance introduced to fund the health and social care system and the increase in corporation tax to unleash investment....
...A huge chunk of that — Rs205bn — came from the sale of a 3.5 per cent stake in state-run Life Insurance Corporation (LIC) in May through a long-delayed initial public offering....
...for the national insurance rise to be delayed, warning that it would cause companies to “slam brakes on recruitment” to offset higher costs....
...The case centred on the $33bn LBO of HCA, which was won by Bain Capital, KKR and Merrill Lynch, after there were no other competing bids....
...It's dangerous politically, dangerous to our personal liberty. So we used competition policy, anti-monopoly, to break things up....
...The initiative, to be unveiled this week, will allow the IFC to enlarge its own lending capacity by farming out part of the risk to six insurance companies: Munich Re, Liberty Mutual, Aspen, AXA XL, Everest...
...If you happen to receive Medicaid or you have private insurance in Alabama, it is illegal for either of those to cover abortion. When Roe v Wade is overturned, Alabama is in a really, really bad shape....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...And based on his latest deal to purchase insurance-to-toy manufacturing conglomerate Alleghany Corporation for $12bn, he hasn’t softened his stance....
...And on the corporation tax point, ever since Truss has said that she didn’t want to put up corporation tax from 19p to 25p, which she said she was going to do, a lot of businesses have said we’re all for...
...Tata is suing for £7.9m, which includes the remainder plus interest and £1.3m for insurance liabilities....
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