Word: greenbergs
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Happening was compiled by M.A. Brazelton, Theodore B. Bressman, Mary Catherine Brouder, Julie S. Greenberg, May Habib, Nathan J. Heller, Jayme J. Herschkopf, Steven N. Jacobs, Bryant Jones, Emily M. Kaplan, Timothy J. McGinn, Kristina M. Moore, Will B. Payne, David B. Rochelson, J. Hale Russell, Zachary M. Seward...
...contingent commissions" from insurance companies, a controversial type of payment. That's when things started to get nasty. Spitzer says the more he probed, the more Marsh misled and "fed us the same foolishness they've been feeding the public over the years." He felt that Marsh CEO Jeffrey Greenberg, son of Maurice (Hank) Greenberg, the legendary boss of insurance giant American International Group (AIG), was stonewalling him. "I didn't see in their management a desire for reform," Spitzer says...
...says Spitzer. He has issued dozens of subpoenas targeting companies like Aon, Willis Group Holdings and, as was disclosed last week, MetLife. Two executives at AIG and one from insurance company Ace, which were mentioned in the Marsh suit, pleaded guilty to charges last week. AIG CEO Maurice Greenberg promised to cooperate. But analysts aren't betting on a quick fix. "The conflicts of interest [in the industry] are pervasive," says Martin Weiss, chairman of Weiss Ratings, an independent insurance-rating firm...
...Greenberg insurance dynasty will weather Spitzer's latest assault is unclear. Hank and his sons Jeffrey and Evan, CEO of Ace, are widely respected as the first family of insurance. But each now has the rare distinction of heading a firm mentioned in a Spitzer lawsuit. Is Jeffrey really responsible for unethical practices at Marsh? Says Spitzer: "When you have an $800 million stream of income, one has to be either ignorant, lazy or complicit not to examine how this money is being derived." He's clearly ready for another fight. --With reporting by Barbara Kiviat and Jyoti Thottam/New York
...Happening was compiled by M.A. Brazelton, Emily G. Chau, Julie S. Greenberg, May Habib, Nathan J. Heller, Steven N. Jacobs, Bryant Jones, Marrianne F. Kaletzky, Emily M. Kaplan, Timothy J. McGinn, Kristina M. Moore, Will B. Payne, David B. Rochelson, Zachary M. Seward