Analysts await update on Marsh probe
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SAN FRANCISCO (CBS.MW) -- When Marsh &amp; McLennan reports third-quarter results next week, few analysts will be looking at the numbers.
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New York Attorney General Eliot  Spitzer, who is suing insurance broker Marsh & McLennan Cos. on  fraud and bid-rigging charges, said on Thursday negotiations  with the company have just begun and no settlement value has  yet been discussed.
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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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Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) , the insurance broker accused by New York&#39;s Attorney General Eliot Spitzer of bid-rigging fraud, on
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U.S. stock investors looking to recoup  from the worst week in almost three months will have to keep  one eye out for signs of weakness in the tidal wave of earnings  due next week and the other on the threat surging oil prices  pose to the economy and profits.
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The New York attorney general's  nascent but expanding probe into bid-rigging on Tuesday  threatened to envelop the entire U.S. insurance industry,  unnerving investors unsure how far Eliot Spitzer might go.
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Panel wants to hear from two investigators; others are due to say if they'll appear at a hearing next week.
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NEW YORK - The fallout from New York State Attorney General Eliot Spitzer&#39;s probe into the insurance industry continued. Jeffrey Greenberg, the head of Marsh &amp; McLennan, was replaced as chairman and chief
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NEW YORK Marsh &amp; McLennan has a good chance of surviving despite the departure Monday of Jeffrey Greenberg, its chief executive, as long as its outside directors understand that removing Greenberg is not the last but the first change they will have to make
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Marsh & McLennan Cos. Inc.  could be in a good position to get an impressive price for its Putnam Investments money management arm, despite some recent troubles at the unit, the Wall Street Journal reported on its Web site on Monday.
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Federal investigators are examining  whether BP Plc  manipulated crude oil and unleaded  gasoline markets, according to a report in The Wall Street  Journal on Tuesday that cited lawyers and traders close to the  case.
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Eliot Spitzer&#39;s probe into bid-rigging and insurance practices is likely to usher in an era of greater transparency, decreased compensation for insurance brokers and revamped business models.
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The new boss of scandal-hit US insurance broker Marsh & McLennan says he expects to settle charges brought by New York's attorney-general.
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The scandal at Marsh & McLennan Cos.  may have floored Wall Street, but some executives who had defected to a rival insurance broker said the legal storm was long overdue.
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The US stock market watchdog is examing shareholder transactions at the world's biggest insurance broker, scandal-hit Marsh  & McLennan.
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Marsh & McLennan Cos. shares were  whipsawed on Friday amid conflicting reports that a change in  the insurance broker's top management was imminent.
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U.S. stock investors looking to recoup from the worst week in almost three months will have to keep one eye out for signs of weakness in the tidal wave of earnings due next week and the other on the threat surging oil prices pose to the economy and profits.