Columbus Dispatch AIG Agrees to $725 Million Settlement Insurance Networking News The Wall Street Journal says Tucker, the former chief executive of UK insurer Prudential PLC, will replace AIA's current chief, Mark Wilson, who will stay … AIG settles in $725m Ohio fraud lawsuit CITY A.M. AIG to Pay $725 Million to Settle Fraud Claims AllGov AIG to Pay $725 Million in Ohio Case New York Times Wall Street Journal
The AIG chief executive is behaving as though his own position were unassailable. That is unwise
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Bob Benmosche
Timing and size of any purchases would depend on which opportunities arose, chief executive tells FT
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EADS sets course for US purchases
Apple’s chief executive gave a grudging apology for the reception problems plaguing the device and said the company would give free cases to all buyers at least until the end of September
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Jobs apologises for iPhone 4 fault
Posted on July 14th, 2010 in Economy | Comments Off
AIG’s chairman Harvey Golub stepped down after losing a power struggle with the chief executive of the bailed-out insurer in a move that could cause further turmoil at the troubled company.
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AIG chairman quits over row
Posted on July 9th, 2010 in Economy | Comments Off
The big buzz at the annual Sun Valley conference was the sight of Mark Zuckerberg, chief executive of Facebook, stepping into a car with Eric Schmidt, chief executive of Google, that set off rounds of excited speculation
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Power balance shifts at Sun Valley
Posted on July 8th, 2010 in Economy | Comments Off
Eric Schmidt, Google chief executive, has predicted that the Chinese government will renew his company’s licence, a move that would allow it to continue operating in the world’s biggest internet market
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Google confident of China licence renewal
Posted on July 4th, 2010 in Economy | Comments Off
Jim Turley, chairman and chief executive of Ernst & Young, remembers the collapse of Arthur Andersen for its role in the Enron accounting scandal as ‘too awful’, but says the 2001-03 accounting crisis was ‘rewarding in hindsight’
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Crises can be ‘rewarding in hindsight’
Posted on July 4th, 2010 in Economy | Comments Off
For Bobby Kotick, chief executive of Activision Blizzard – the company behind ‘Call of Duty’, the world’s most popular video game – challenges vary from network ownership to new platforms
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Activision stays ahead of game market
Posted on June 20th, 2010 in Economy | Comments Off
John Varley and Bob Diamond, the two top executives at Barclays, are set to take the stand in Lehman’s lawsuit against the UK bank. Already, Harvey Miller, New York’s best-known bankruptcy attorney, and Bart McDade, former Lehman chief executive, have testified
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Star witnesses take stand at Lehman trial
Posted on June 18th, 2010 in Economy | Comments Off
Although Sir Howard Stringer, Sony chief executive, has said this is the year of 3D across the group’s media properties and product lines, the electronics giant has no…
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Sony holds fire on 3D for PlayStation Portable
Posted on June 17th, 2010 in Economy | Comments Off
Jason Hirschhorn, co-president of News Corp-owned MySpace, is leaving the social networking company just five months after a reorganisation forced out the previous chief executive
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MySpace president quits 5 months after reshuffle
Posted on June 7th, 2010 in Economy | Comments Off
Steve Jobs, Apple chief executive, unveiled the fourth-generation iPhone at a conference for programmers on Monday, touting the long-expected gadget’s ability to handle multiple tasks at once
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Apple unveils fourth-generation iPhone
Posted on June 6th, 2010 in Economy | Comments Off
The group’s former chief executive has emerged as a dark horse candidate to replace either the chairman or chief executive of the UK life assurer following its aborted AIA bid
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Tucker is touted by investors for Prudential return
Posted on June 4th, 2010 in Economy | Comments Off
Mike Duke, chief executive of Walmart, places mobile technology and e-commerce at the centre of the global expansion plans of the world’s largest retailer
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Walmart targets e-commerce for growth
Posted on June 2nd, 2010 in Wall Street Scams | Comments Off
CBC.ca FCIC Testimony: Moody's CEO Won't Say He's Sorry, Buffett Testifies (VIDEO) Huffington Post (blog) The chairman and chief executive of Moody's Corporation joined the long list of top Wall Street executives who have refused to apologize for their role in … Sorkin: Time for Answers on Credit Ratings New York Times (blog) Buffett Says Moody's Chief Shouldn't Be Singled Out BusinessWeek Warren Buffett at the Financial Crisis Inquiry Commission The Guardian Independent
Posted on June 1st, 2010 in Economy | Comments Off
BP moved to control the oil spill in the Gulf of Mexico by attempting to fit a cap over the valves that were meant to prevent oil and gas from leaking out, the company’s chief executive said
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Pressure grows on BP as it tries fresh plug bid
Posted on May 26th, 2010 in Economy | Comments Off
Personal triumph for a chief executive who has consistently defied conventional wisdom and taken huge risks in new industries
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Apple now world’s biggest tech company
Posted on May 21st, 2010 in Economy | Comments Off
If a deal is concluded for Vodafone’s stake in its Egyptian arm, it would highlight how Vittorio Colao, chief executive, is interested in streamlining the group’s portfolio of assets – a a stark contrast with his predecessors
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Vodafone streamlining points to exit from Egypt
Posted on May 18th, 2010 in Economy | Comments Off
Eric Schmidt, chief executive of Google, said the internet company had had talks with Rupert Murdoch and other newspaper proprietors about helping run subscription services for their online sites
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Google looks to make peace with Murdoch
Posted on May 17th, 2010 in Economy | Comments Off
Peter Clarke, chief executive of Man Group, says that his company’s acquisition of GLG is “not a shotgun wedding”. But it certainly looks like a marriage of convenience
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Man looks to broaden horizons with GLG
Posted on May 16th, 2010 in Economy | Comments Off
The UK life insurer is preparing to launch its delayed $21bn rights issue on Monday morning, allowing Tidjane Thiam, the group’s chief executive, to make the financial case for the $35.5bn takeover of AIA, the Asian businesses of AIG
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Pru set for launch of delayed $21bn issue
Posted on May 14th, 2010 in Economy | Comments Off
AT&T, the US telecommunications group, will upgrade its mobile network to provide a higher speed mobile data service by the end of this year, John Stankey, chief executive of AT&T Operations said
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AT&T steps up mobile data service
Posted on May 13th, 2010 in Economy | Comments Off
The chief executive of Goldman Sachs is playing a personal role in helping to arrange a $125m rescue for a Chicago community bank known for providing loans to lower-income communities
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Blankfein comes to Chicago bank’s aid
Posted on May 13th, 2010 in Economy | Comments Off
On a tour of the US states most threatened by the Gulf of Mexico oil spill, BP’s chief executive admits he is in a ‘battle’ to win over the local citizens
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BP’s Hayward in ‘battle’ for hearts and minds
Posted on May 12th, 2010 in Economy | Comments Off
Morgan Stanley’s chief executive said the Wall Street bank had “no knowledge whatsoever” of a US government probe into it, as its shares fell following a report that federal prosecutors were looking at mortgage-related deals
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Morgan Stanley says not aware of probe
Posted on May 12th, 2010 in Economy | Comments Off
IBM will spend $20bn on acquisitions over the next five years, chief executive Sam Palmisano said
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IBM sets out bold buying strategy
Posted on May 12th, 2010 in Economy | Comments Off
Robert Benmosche, AIG chief executive, says the US insurer would continue to earn a profit and pay back all of its obligations, including the $101.6bn it owes taxpayers
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AIG chief says group will stay in profit
Posted on May 11th, 2010 in Economy | Comments Off
US mutual fund manager reshuffles its management team, splitting the number two role and fuelling talk about who will succeed chief executive ‘Ned’ Johnson
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Fidelity fuels successor debate
Posted on May 10th, 2010 in Economy | Comments Off
Sergio Marchionne , chief executive of Chrysler, is confident about the company’s progress and expects it to break even this year with an IPO a prime objective
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Marchionne confident over Chrysler earnings
Posted on May 5th, 2010 in Economy | Comments Off
Jeff Sprecher, chief executive of Intercontinental Exchange, says a global overhaul would spur trading in over-the-counter derivatives by bringing certainty to the markets
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ICE chief backs financial reform
Posted on May 2nd, 2010 in Economy | Comments Off
Tidjane Thiam begins a new round of talks with investors in a final push to sell the Prudential chief executive’s $35.5bn deal for the Asian units of AIG
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Pru chief in final push to sell AIG deal
Posted on April 29th, 2010 in Economy | Comments Off
Steve Jobs, the technology company’s chief executive, publishes an open letter elaborating why the group continues to reject the most widely used format for viewing internet videos
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Flash video rejection explained by Apple
Posted on April 27th, 2010 in Economy | Comments Off
Lloyd Blankfein, chief executive of Goldman Sachs, seemed to strain as he sought to explain the role of his market-making trading firm to senators intent on discussing the morality of betting against Americans’ mortgages
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Blankfein feels strain in Capitol Hill morality play
Posted on April 27th, 2010 in Scams | Comments Off
This is a HUGE story, (potentially the biggest scam in history) yet the mainstream media remains silent. When he wasn’t busy helping create a $127 billion mess for taxpayers to clean up, former Fannie Mae Chief Executive Officer …
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Fannie Mae owns patent on residential 'cap and – www …
Posted on April 25th, 2010 in Economy | Comments Off
Lloyd Blankfein, Goldman Sachs chairman and chief executive, is preparing to rigorously defend the investment bank’s actions and refute allegations that it was serving itself before its clients during and after the financial crisis
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Defiant Blankfein set for Senate showdown
Posted on April 25th, 2010 in Economy | Comments Off
John Watson, chief executive of US oil group Chevron is confident his decision not to follow the pack into US shale gas is the right one
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Chevron chief shuns shale gas rush
Posted on April 23rd, 2010 in Wall Street Scams | Comments Off
BBC News Lloyd Blankfein: The prince of casino capitalism Independent The company he runs, Goldman Sachs, has come to epitomise everything wrong with Wall Street and investment banking generally. The Goldman chief executive … Goldman Sachs launches charm offensive to protect reputation The Guardian Goldman CEO Sued by Shareholders Over Abacus ABC News The evolution of Goldman Sachs Globe and Mail National Review Online all 260 news articles
Posted on April 23rd, 2010 in Economy | Comments Off
Raymond McDaniel, chief executive of Moody’s, admitted to a Senate panel on Thursday that the US credit rating agency failed to fully anticipate the severity of the deterioration in the US housing market that led to the financial crisis and was ‘not satisfied’ with its performance
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Moody’s admits failure over crisis
Posted on April 22nd, 2010 in Economy | Comments Off
The chief executive of Deutsche Bank is to give evidence at the trial of the former head of IKB, the German bank that lost $150m in the transaction with Goldman Sachs
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Ackermann to testify in German case
Posted on April 21st, 2010 in Economy, Fraud | Comments Off
Goldman Sachs followed up on last week’s civil fraud charges brought by the Securities and Exchange Commission with the news that Fabrice Tourre, the 31-year-old banker at the centre of the complaint, as well as chief executive Lloyd Blankfein, would testify before a Senate hearing next week
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Goldman ready for gloves-off offensive
Posted on April 19th, 2010 in Economy | Comments Off
Richard Fuld, the former chief executive of Lehman Brothers, will reject criticism for his role in the collapse of the bank and argue ‘Repo 105′, a controversial accounting technique, was legal
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Fuld defends Lehman’s use of ‘Repo 105′
Posted on April 16th, 2010 in Economy | Comments Off
The pressure on Goldman Sachs will intensify this month when Lloyd Blankfein, the US bank’s chief executive, faces tough questioning from a high-powered Senate panel as part of a probe of Wall Street groups
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Blankfein faces grilling on Capitol Hill
Posted on April 8th, 2010 in Economy | Comments Off
For nearly three hours Mr Rubin, a former US Treasury secretary and director of Citigroup, and Chuck Prince, the former chief executive of the US financial giant, did manage to work their way through questions from the Financial Crisis Inquiry Commission
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Citi’s ex-grandees strain to keep cool
Posted on April 7th, 2010 in Economy | Comments Off
Opel’s chief executive is poised to resume the protracted negotiations with trade unions over €265m in yearly wage concessions and other cost cuts next week
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Opel nears agreement with works council
Posted on March 30th, 2010 in Economy | Comments Off
Irene Rosenfeld, Kraft Foods chief executive, was given a 41 per cent pay rise last year to $26.3m for services that included ‘exceptional”‘leadership in the takeover of Cadbury
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Kraft chief secures 41% pay rise
Posted on March 24th, 2010 in Economy | Comments Off
General Mills chief executive Ken Powell said that while US consumers remain “cautious and looking for value”, there were signs that the shift seen over the past year to retailers’ lower-cost private brands was moderating
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Generals Mills chief upbeat on US consumers
Posted on March 22nd, 2010 in Scams | Comments Off
have begun lobbying Congress in an attempt to recover their money. Alfred Scipio, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the.
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Credit cooperatives in the mortgage fraud harm to the Fannie Mae …
Posted on March 18th, 2010 in Economy | Comments Off
René Obermann, chief executive of Deutsche Telekom, believes a 3G network will enable the group’s US mobile business to stand out from its rivals and give it the chance to sign up new customers
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US woes temper Obermann’s accomplishments
Posted on March 16th, 2010 in Economy | Comments Off
The acquisition of Lehman’s US operations, which had a strong equities franchise, has finally given BarCap’s chief executive a platform to build a global equities business
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Diamond luck should see off regulators