NetQuantum :: Regional :: North_America :: Canada :: Business_and_Economy :: Financial_Services :: Insurance ::

• AIG spent thousands on execs’ hunting trip
This was an annual event for customers of the AIG property casualty insurance companies in the U.K. and Europe, and planned months before the Federal Reserve Bank of New York's loan to AIG," company spokesman Peter Tulupman said Wednesday. AIG ...
• Germany, 4 nights/car, $315
The fine print: Includes all taxes. The rental car is a two-door manual transmission (most likely a VW Polo). Upgrade to an automatic for $30 per day. Unlimited mileage and third-party insurance are included. Based on double occupancy; single ...
• JPMorgan profits dive; Wells Fargo’s dip
WaMu — the largest bank to fail in U.S. history — was sold by the Federal Deposit Insurance Corp. to JPMorgan for $1.9 billion late last month. It was JPMorgan's second major acquisition during the credit crisis that has escalated over the past ...
• Bank rescue: Making Wall Street pay?
For one thing, similar rules already exist under some Federal Deposit Insurance Corp. regulations, and compensation consultants say companies have increasingly adopted clawback provisions covering financial restatements; this could accelerate the ...
• Paulson: Economy will recover, hurdles remain
The Federal Deposit Insurance Corp. launched an insurance fund to temporarily guarantee new issues of bank debt — fully protecting the money even if the institution fails. And, the FDIC will start providing unlimited deposit insurance for non ...