Diller derides investor watchdog groups
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IAC/InterActiveCorp.  Chief Executive Barry Diller, who had an estimated $295 million in compensation last year, said on Monday many corporate governance activists are "birdbrains" who are hurting American business.
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Investment banks are in the midst of the annual fight for bragging rights as the biggest dealmakers of the year, but this time the rankings -- a key factor in winning new business -- are under intense scrutiny.
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Under pressure to defend a series of actions that critics call harmful to investors, the Securities and Exchange Commission chairman began a congressional oversight hearing yesterday by exchanging a handshake with a Massachusetts Democrat and a pat on the back with a Georgia Republican.
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American International Group, one of the world&#39;s largest insurers, continues to clash with regulators, but Wall Street seems more puzzled than alarmed.
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The US stock market watchdog has asked German justice officials for help probing possible corruption at engineering group Siemens, a spokesman for the federal justice office told AFP on Wednesday.
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Wall Street deal makers were shocked by statements in a letter to investors from Stephen Feinberg, the secretive founder of Cerberus Capital Management.
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Business & money: Northern Rock monitoring criticised by CBI boss.
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GIANT insurance brokers are accused of taking kickbacks from insurance companies. Mutual fund managers allow preferred clients to trade after hours.
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America&#39;s largest insurer is in hot water again with regulators. American International Group (AIG ) said on Oct. 4 that officials at the Securities &amp; Exchange Commission and the Justice Dept.
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A broker-dealer firm sued brokerages  watchdog NASD and the New York Stock Exchange on Friday to  block a deal to merge oversight functions, saying the  arrangement would be unfair to NASD members.
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In the late 1990s, Tom and David Gardner -- the brothers behind The Motley Fool online investment community -- regularly ridiculed mutual funds and the people who bought them.
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Major U.S. CEOs complained about regulatory burdens in the post-Enron environment at a high-profile conference on regulation and the legal system, while an investor advocate warned on Tuesday that business leaders should not lose sight of what matters to investors.
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American International Group Inc. , the world's largest insurer by market value, on Monday said the U.S. Securities and Exchange Commission may take civil action against it for issuing "false and misleading" statements to investors.
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The SEC accuses Conrad Black and David Radler of diverting money from Hollinger International Inc., the regulators said Monday. Black will be forced to put his stake in the company in a trust to keep him away from voting.
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Art Technology Group's plan to acquire a Seattle software firm has come under fire from a group of investors who have launched a proxy fight to halt the deal.
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WASHINGTON -- All five members of the Securities and Exchange Commission are being asked by Congress to defend the watchdog agency against accusations that it may be tilting toward business interests and away from investors.
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Two business groups urged the U.S.  Securities and Exchange Commission on Friday not to reinstate a  Web tool aimed at helping investors identify companies with  investments in countries the United States designates as  "sponsors of terrorism."