Marsh&#39;s Cherkasky, Mr. Monitor, Failed Up
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NEW YORK - Michael Cherkasky, the new CEO of Marsh &amp; McLennan, was, until recently, known for three things: He tried John Gotti; he &quot;investigated mobsters,&quot; he &quot;participated&quot; in the trial of the 1993 World Trade Center bombers, he was a prosecutor in the
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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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New York Attorney General Eliot  Spitzer on Thursday sued Marsh & McLennan Cos., the world's No.  1 insurance broker, for steering unsuspecting clients to  certain insurers in exchange for lucrative payoffs, sending  Marsh's stock plummeting.
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Marsh &amp; McLennan Cos. Chief Executive Michael Cherkasky created a compliance unit and pledged to return money to clients as the world&#39;s largest insurance broker moves to settle claims of kickbacks and rigged bids.
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Marsh &amp; McLennan CEO Jeff Greenberg may soon be on his way out the door as head of the world&#39;s biggest - and most troubled - insurance broker.
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Eliot Spitzer&#39;s run at insurance broker Marsh &amp; McLennan (MMC ) looks increasingly as if it could be just the opening battle in a wide-ranging war against abuses in the insurance industry.
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Marsh & McLennan's expertise apparently included convincing clients to overpay for insurance. Not good.
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The US stock market watchdog is examining transactions at the world's biggest insurance broker, scandal-hit Marsh & McLennan.
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NEW YORK: New York Attorney-General Eliot Spitzer sued Marsh &amp; McLennan Cos, the world&#39;s No 1 insurance broker, last Thursday, for steering unsuspecting clients to certain insurers in exchange for lucrative payoffs, wiping out nearly a quarter of Marsh&#39;s
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Nobody was expecting good news to come out of Marsh &amp; McLennan (MMC ) when it announced third-quarter earnings on Nov. 9. After all, the world&#39;s largest insurance broker has lost its chief executive -- and
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Stock prices were pummeled by a toxic combination of still-rising oil prices and anxiety surrounding Eliot Spitzer&#39;s probe of the insurance industry.
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Marsh & McLennan Cos Inc  said  on Friday it will replace its embattled chief executive Michael  Cherkasky following a year of disappointing results.
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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 Thursday said five
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MICHAEL CHERKASKY, the new chief executive of Marsh &amp; McLennan, yesterday promised âcomplete transparencyâ and announced a major overhaul of the way the embattled insurance broker does business.
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Giant insurance broker Marsh and McLennan is now expected to escape criminal charges over illegal payments. It has been the subject of legal action over the payments by New Yrok attorney general Eliot Spitzer.
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Insurance firms are left  reeling as New York attorney general Elliot Spitzer sues Marsh & McLennan, the world's largest insurance broker, for taking illegal payments.
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New York Attorney General Eliot Spitzer&#39;s filing last Thursday of charges against giant insurance broker Marsh for alleged commercial account steering and bid rigging has already had significant impact on Marsh and is expected to reach into the insurance