Ex-AIG boss pitched NYTimes bid to Morgan Stanley
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Maurice "Hank" Greenberg, the former head of insurer AIG, approached Morgan Stanley  CEO John Mack about buying the New York Times Co. , a source familiar with the matter told Reuters.
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NEW YORK -- Robert B. Willumstad, who left Citigroup Inc. after being passed over for the top management job, has been selected as the new chairman of the board of American International Group Inc., one of the world's largest insurance companies.
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Maurice Greenberg, the former head of insurer American International Group Inc.  is interested in launching a takeover for all of New York Times Co. , CNBC television reported on Wednesday, citing unnamed sources.
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TD Ameritrade Holding Corp.   has been talking to rival online brokers about potential deals,  its CEO said the day after the company disclosed that two hedge  funds had pushed it to pursue a merger.
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Dow component AIG says SEC staff may recommend action against it related to past transactions. NEW YORK (CNN/Money) - Insurer American International Group Inc.
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The head of a British investment bank, Seymour Pierce, is considering a financial restructuring of Manchester United as a possible rival proposal to a planned takeover by US sports tycoon Malcolm Glazer, a British newspaper reported today.
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Former Mayor Rudolph Giuliani, who aggressively targeted insider trading during his days as a federal prosecutor, is hoping to become a player on Wall Street _ launching his own investment-banking firm.
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Morgan Stanley has sold its 7.2 percent stake in The New York Times Company, bringing an end to its campaign to change the media companyâs dual-class share structure.
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Maurice Greenberg, the former head of insurer American International Group Inc. , has been buying shares of New York Times Co.  to try to break the Sulzberger family's hold on the media company, the New York Post reported on Wednesday, citing unnamed sources.
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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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U.S. financial services firm GMAC is  preparing to spearhead a bid for British mortgage lender  Northern Rock , according to Britain's Sunday Times  newspaper.
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The Nasdaq Stock Market Inc.   would consider working with a group of investment banks behind  a rival trading platform if its bid for the London Stock  Exchange  fails, Chief Executive Bob Greifeld told three  British newspapers.
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NEW YORK -- Insurance giant American International Group Inc. said yesterday it has received subpoenas from New York Attorney General Eliot Spitzer and the Securities and Exchange Commission related to nontraditional insurance products and ''certain assumed reinsurance transactions."
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Maurice Greenberg, the former head of  insurer American International Group Inc. "has no present  intention of significantly increasing his holdings" in New York  Times Co., a Greenberg spokesman said on Wednesday.
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A former senior executive at Marsh &amp; McLennan Cos. Inc. and two American International Group Inc. employees pleaded guilty yesterday to criminal charges in New York's probe of bid rigging and price fixing in the insurance industry.
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J. P. Morgan Chase & Company has hired Stephen M. Cutler, the former chief of enforcement at the Securities and Exchange Commission, as its top legal officer.
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A former Morgan Stanley finance vice president and her husband, a former hedge fund analyst at ING Investment Management, pleaded guilty yesterday to conspiracy and insider trading.