The future of Marsh depends on Spitzer
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NEW YORK Marsh &amp; McLennan has a good chance of surviving despite the departure 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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As scrutiny of the insurance industry intensifies, investigations are likely to underline the web of relationships between insurers and Marsh & McLennan.
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NEW YORK An investigation into the insurance business is expanding as Eliot Spitzer, the New York State attorney general, increasingly turns his attention to whether US corporations and their employees are paying more for life, disability and accident
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New York Attorney General Eliot  Spitzer, who is suing insurance broker Marsh & McLennan Cos.  MMC.N 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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Marsh &amp; McLennan Cos. , the world's largest insurance broker, may settle New York Attorney General Eliot Spitzer's claims of rigged bids and kickbacks within a month, chief executive Michael Cherkasky said.
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US insurance broker Marsh &amp; McLennan looks set to escape criminal charges after it announced a wide-ranging reform of the way it does business.
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NEW YORK, Oct. 25 -- The new head of Marsh & McLennan Cos., Michael G. Cherkasky, has three key traits working in his favor: clean hands, a reputation for toughness and the right friends.
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Marsh &amp; McLennan chief executive Jeffrey Greenberg could announce his resignation as soon as today as a result of New York attorney general Eliot Spitzer&#39;s investigation into alleged corruption in the insurance industry.
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Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) , the insurance broker sued by New York Attorney General Eliot Spitzer last week for its business practices, said on Monday
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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 & McLennan Cos., the insurance  broker sued by New York Attorney General Eliot Spitzer last  week for its business practices, said on Monday its suspension  of market service agreement fees would hurt near-term operating  income.
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oxes of documents, many bearing the names of well-known mutual fund companies, line the halls of Eliot Spitzer&#39;s offices in downtown Manhattan.
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NEW YORK : New York Attorney General Eliot Spitzer sued Thursday a major US insurance brokerage firm, Marsh and McLennan Co, for steering clients to insurers with whom it had lucrative payoff agreements.
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The disastrous decline in Marsh &amp; McLennan&#39;s stock that has followed Eliot Spitzer&#39;s lawsuit of last week has injured a broad array of institutional and individual investors.
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Eliot &quot;The Enforcer&quot; Spitzer is on a roll. Having already taken the investment banking and mutual fund industries to task, the New York attorney general has made it clear
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NEW YORK - The general counsel for broker Marsh &amp; McLennan Cos. will step down next week as the embattled firm seeks to clean house and reform its business practices, the Wall Street Journal reported on Friday.
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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