Ex-AIG boss pitched NYTimes bid to Morgan Stanley
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Maurice "Hank" Greenberg, the former  head of insurer AIG, approached Morgan Stanley CEO John Mack  about buying the New York Times Co., a source familiar with the  matter told Reuters.
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By Joe Bel Bruno Associated Press  NEW YORK -- John Mack might have just handed Wall Street the turnaround he pledged after becoming chief executive of Morgan Stanley in 2005.  After languishing just a few years ago, the nation's No.
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Maurice Greenberg, the former head of  insurer American International Group Inc. "has no present  intention of significantly increasing his holdings" in New York  Times Co., a Greenberg spokesman said on Wednesday.
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American International Group Inc.  AIG.N on Monday said it received new subpoenas from New York  Attorney General Eliot Spitzer and the U.S. Securities and  Exchange Commission related to insurance products that might  help companies smooth earnings or hide losses.
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Henry H. McVey, Morgan Stanleyâs chief United States investment strategist, said that he was joining the hedge fund Fortress Investment Group.
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U.S. financial services firm GMAC is  preparing to spearhead a bid for British mortgage lender  Northern Rock , according to Britain's Sunday Times  newspaper.
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US securities regulators may recommend enforcement action against the former head of Citigroup Global Investment Management for his role in activities under investigation at the company&#39;s mutual fund unit, the No.
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Former Goldman Sachs banker E. Scott Mead is said to be joining the British private equity firm Apax Partners.
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Anglian Water-owner AWG says it has received an approach which may lead to a bid for the company.
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Former Mayor Rudolph Giuliani, who aggressively targeted insider trading during his days as a federal prosecutor, is cozying up to Wall Street - launching his own investment-banking firm.
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An Internet entrepreneur and a Wall Street group have joined a list of potential rivals to News Corp.'s $5 billion bid for Wall Street Journal publisher Dow Jones &amp; Co., an adviser to the Dow Jones employee union said yesterday.
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WILMINGTON, Del. - Wilbur L. Ross Jr., who became a billionaire by investing in bankrupt steel companies, offered to pay at least $435 million for a unit of American Home Mortgage Investment Corp. and said he plans to "get into all aspects of the mortgage industry."
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Outside directors of Marsh &amp; McLennan Cos. have sought to negotiate with New York Attorney General Eliot Spitzer in the insurance bid rigging case, a source familiar with the overture said Friday.
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Investment bank Morgan Stanley's   Chief Executive John Mack has been awarded a bonus worth  about $40 million in stock and options for 2006, according to a  regulatory filing on Thursday.
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Maurice Greenberg, the former head of insurer American International Group Inc. , has been buying shares of New York Times Co.  to try to break the Sulzberger family's hold on the media company, the New York Post reported on Wednesday, citing unnamed sources.
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The family that holds controlling interest in the New York Times Co. is moving the bulk of its assets from longtime manager Morgan Stanley, apparently because a fund manager there has been critical of the slumping media company.
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Robert Stearns, a senior vice president at the Marsh & McLennan Companies, admitted he requested fake bids from insurers, including the American International Group.