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Marsh Waited Far Too Long Before Starting 2-Minute Drill

Article Abstract:

Insurance brokers, Marsh and McLennan Companies Inc., have fired their chief executive officer and suspended several other executives in an effort to manage the charges of corporate corruption brought by Eliot Spitzer. Other companies, like Salomon Brothers and Columbia/HCA Healthcare Corp. have managed to reorganize and survive through similar corruption scandals.

Author: Eichenwald, Kurt
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
Organizational history, Personnel administration, Case studies, Human resource management, Corporate governance, Appointments, resignations and dismissals, Company restructuring/company reorganization, Reorganization and restructuring, Powers and duties, Corporate reorganizations, Company personnel management, Company organization, Corporate corruption, Marsh & McLennan Companies Inc., Spitzer, Eliot, Greenberg, Jeffrey W.

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S.E.C. Said to Notify Another General Re Figure of Fraud Suit

Article Abstract:

As part of its ongoing investigations into the insurance industry, the Securities and Exchange Commission is charging former General Re Corporation executive, Elizabeth A. Monrad with fraud. The charges stem from a 2000 transaction with American International Group.

Author: O'Brien, Timothy L.
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
Police Protection, Capital funds & cash flow, Fraud, Investigations, Accounting and auditing, American International Group Inc., Executives, United States. Securities and Exchange Commission, AIG, General Re Corp., Monrad, Elizabeth A., Napper, Richard

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Subjects list: United States, Company legal issue, Cases, Insurance industry
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