How Old Ties Helped Wrap Up the Marsh Deal
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Old friends Eliot Spitzer and Michael Cherkasky found themselves on opposite sides of a case that rattled the insurance industry.
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The $850 million settlement Marsh &amp; McLennan Cos. reached with New York Attorney General Eliot Spitzer yesterday will have a small but positive effect on its mutual-fund subsidiary, Putnam Investments, but is unlikely to resolve whether the Boston firm should split from its corporate parent, analysts said yesterday.
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Executives at the British operations of Marsh &amp; McLennan, the world&#39;s largest insurance broker, breathed a sigh of relief yesterday after law firm
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December 23, 2004 -- Marsh &amp; McLennan Cos., the world&#39;s largest insurance broker, said the Securities and Exchange Commission is investigating the stakes that directors, officers, and shareholders have in the company&#39;s buyout funds.
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Three former Global Crossing Ltd. officials, including former chairman Gary Winnick, have reached a tentative settlement with securities regulators over an alleged failure to disclose information about the telecommunications company's swap transactions, according to two sources briefed on the deal.
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Company said settlement for bid rigging claim likely this month, but says investigation is ongoing. NEW YORK  - Marsh &amp; McLennan Cos.
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For Putnam Investments, the end of the Jeffrey W. Greenberg reign at Marsh &amp; McLennan Cos. is bittersweet. His resignation on Monday was greeted with some relief
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A former Dow Jones & Company director and three associates will pay more than $24 million to settle charges that they traded illegally on inside knowledge of the News Corporationâs takeover of Dow Jones.
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When New York Attorney General Eliot Spitzer accused insurance broker Marsh &amp; McLennan Cos. last month of taking kickbacks from insurers, resulting in higher premiums for clients, he raised questions for the
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WASHINGTON -- Jeffrey W. Greenberg, who resigned this week as chairman and chief executive of Marsh &amp; McLennan Cos. Inc., amid a regulatory inquiry into its policies, exercised options to obtain 540,000 shares
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A former senior executive at Marsh &  McLennan Cos. Inc. MMC.N and two executives from American  International Group Inc. AIG.N pleaded guilty to fraud  charges stemming from New York Attorney General Eliot Spitzer's  sweeping investigation of fraud in the insurance industry.
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SAN FRANCISCO (CBS.MW) -- Willis Group said Monday that it hired a top broker from larger rival Marsh &amp; McLennan, one of the first signs talent is on the move as a result of Eliot Spitzer&#39;s probe of the industry.
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Independent directors of Marsh & McLennan Cos. approached New York state Attorney General Eliot L. Spitzer this week about settling the corruption charges Spitzer has brought against the giant insurance broker and financial services firm, according to sources close to the investigation.
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US insurance giant Marsh & McLennan is to pay $850m to settle charges that it conspired to rig the marketplace.
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Marsh & McLennan Cos. revealed what's  at stake in the probe into its behavior by New York Attorney  General Eliot Spitzer, saying it generated $845 million of fat  fees from a practice at the center of a bid-rigging scandal.
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A Marsh & McLennan Cos. Inc. insurance  broker, Senior Vice President Robert Stearns, on Thursday  pleaded guilty to criminal charges in connection with an  ongoing probe into fraud and bid-rigging in the insurance  industry, New York Attorney General Eliot Spitzer's office  said.
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A deal would be a reunion of sorts, putting back together some of the largest pieces of the Ma Bell telephone monopoly, which was broken up in 1984.