Hints and tips:
...Berkshire’s line-up of managers, however, is to P/C insurance what Cooperstown’s honorees are to baseball.”...
...In the middle, the company has further debt at intermediate holding companies — such as “Altice Luxembourg”, an entity that sits above the company’s French and international businesses and has €6.2bn of...
...American International Group advanced as broker Goldman Sachs lifted its view on the insurance group to ‘buy’, citing the company’s ability to invest in its core businesses that continue to generate strong...
...As an insurance company, AIG was regulated by the US Treasury and by state regulators, so it was far from obvious why Willumstad was Geithner’s problem....
...Two years after the bankruptcy of Lehman Brothers and the bail-out of AIG, the US Federal Deposit Insurance Corporation will on Tuesday propose a mechanism to wind down a similar failing group without market...
...Andrew Lo of the Massachusetts Institute of Technology has worked on measuring systemic risk but he is no fan of labelling companies....
...With seemingly a new lease of life, the next day Mr Geithner argued for sweeping new powers to wind up bank holding companies....
...Revelations by Mr Waxman that insurer AIG had spent $400,000 at a lavish retreat for insurance agents a week after the government’s $85bn bail-out forced the company to initiate a review of spending and...
...“He could see around corners,” says Edward Matthews, one of Mr Greenberg’s most senior lieutenants at AIG and then at C.V. Starr, his investment vehicle....
...Maurice “Hank” Greenberg, the recently ousted chairman of AIG, the world’s largest insurance company, has always been a tough businessman....
...Chinese businesses need western technology and expertise. in everything from finance, marketing and sales management....
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