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...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...

Author: /time Magazine | Title: Spitzer Strikes Again | 10/25/2004 | See Source »

...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...

Author: /time Magazine | Title: Spitzer Strikes Again | 10/25/2004 | See Source »

...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

Author: NO WRITER ATTRIBUTED | Title: Happening | 10/22/2004 | See Source »

...Happening was compiled by Marie E. Burks, Julie S. Greenberg, May Habib, Steven N. Jacobs, Bryant A. Jones, Emily M. Kaplan, Christopher A. Kukstis, Doug E. Lieb, Timothy J. McGinn, Alexandra B. Moss, David B. Rochelson, Zachary M. Seward, and Scoop A. Wasserstein...

Author: NO WRITER ATTRIBUTED | Title: NO HEADLINE | 10/15/2004 | See Source »

...Happening was compiled by Steven N. Jacobs, Emily M. Kaplan, Doug Lieb, Alexandra B. Moss, Ben B. Chung, Julie S. Greenberg, Elan A. Greenwald, Jayme J. Herschkopf, Sarah L. Solorzano and Scoop A. Wasserstein...

Author: NO WRITER ATTRIBUTED | Title: HAPPENING | 10/1/2004 | See Source »

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