Spitzer Probing Record Biz
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Promoters pay radio stations annual fees for advance copies of playlists and bill record companies for each new song played, running up a tab that costs the industry tens of millions of dollars annually.
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New York Attorney General Eliot Spitzer is examining whether radio is engaged in a new form of pay for play reminiscent of the payola scandals in the 1950s, a record company confirmed Friday.
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Federal regulators and prosecutors are scouring tape recordings of more than 150 Riggs Bank board meetings as they investigate what role top executives, including former chairman Joe L. Allbritton, played in more than a decade of violations of anti-money-laundering laws at the company, according to five sources familiar with the tapes.
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At least two more states are  investigating charges of bid-rigging in the U.S. insurance  industry brought by New York Attorney General Eliot Spitzer  last week.
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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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Marsh &amp; McLennan Cos. revealed what&#39;s at stake in the probe into its behavior by New York Attorney General Eliot Spitzer, saying
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The recording industry, already battered by a surge in recent years of illegal music piracy, increased competition and heavy regulatory scrutiny, is facing a new and potentially costly examination into its practices by Eliot Spitzer, the New York attorney
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American International Group Inc., the  world's largest insurer by market value, said it received  subpoenas from New York Attorney General Eliot Spitzer and the  Securities and Exchange Commission regarding products that  might help companies smooth earnings or hide losses.
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Contrary to recent published reports, New York Attorney General Eliot Spitzer plans to expand his investigations into the financial industry in early 2005, a spokesman said.
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A Wall Street watchdog has been too quick to let brokers wipe their records clean of customer complaints, and in many cases made allegations disappear without a hearing, according to a study made public on Monday.
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Independent directors of Marsh & McLennan Cos. approached New York state Attorney General Eliot L. Spitzer this week about settling the corruption charges Spitzer has brought against the giant insurance broker and financial services firm, according to sources close to the investigation.
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Company turns over thousands of documents to House panel.
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Eliot Spitzer received an anonymous letter last March that made for intriguing reading. The message suggested that the New York attorney general poke around Marsh &amp; McLennan, the US&#39;s largest insurance broker
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EMI Group PLC, the world&#39;s third-largest music company, confirmed on Friday it faced a New York probe into how music companies influence what songs are played on the radio.
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Eliot Spitzer, fresh from rocking the insurance industry, has now asked the music business to uncover the secrets behind how radio stations decide what records they play.
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Privacy advocates obtain records showing that people pulled aside for extra screening during international travel may have detailed records, including reason for travel, race and reading material, stored by the government for years.
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EMI Group PLC , the world's third-largest music company, on Friday said it and other music companies faced a New York probe into how music companies influence what songs are played on the radio.