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Mudslide lawsuit settled for $1.1M
A subsidiary of insurance giant American International Group has agreed to pay Glendale $1.1 million to settle a lawsuit brought by the city in an attempt to recoup roughly $15.5 million it was forced to spend in the aftermath of a destructive 2005...Tags: Trials, Insurance, Laws, Litigation, Companies and Corporations
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Dave Weldon wishes to take back his vote on TARP
Central Florida Political Pulse - Orlando SentinelFormer U.S. Rep. Dave Weldon, who's running for the U.S. Senate, has posted a statement on his campaign website declaring that he regrets voting for the federal Troubled Asset Relief Program (TARP) and wishes he could take back that 2008 vote. The TARP... -
The Hartford To Sell Woodbury Brokerage For $115 Million To AIG
The Hartford CourantThe Hartford announced late Tuesday it has an agreement to sell the Woodbury Financial Services brokerage to American International Group, Inc., for $115 million. The agreement is expected to close at the end of this year. Proceeds from the sale...Tags: Mutual Funds, Deutsche Bank AG, Companies and Corporations, Woodbury (Oyster Bay, New York), Hartford Financial Services Group Incorporated
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AIG, Ally and GM CEO pay frozen at 2011 levels: Treasury
Compensation for chief executives at AIG, Ally Financial and GM -- all of which received exceptional TARP assistance during the financial meltdown -- is being frozen at last year's levels, the Treasury Department said. The ruling from Patricia Geoghegan,...
Tags: U.S. Department of the Treasury, Corporate Officers, Companies and Corporations, Corporate Performance, James Gorman
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A Word, Please: Buried verbs, buried meanings
This week I have the thought to take on the writing of a column about people’s using of the things called nominalizations. Translation: I think I’ll write about nominalizations. I got the idea when I came across a sentence like the... -
A financial crisis
The people of the United States owe the Chinese government a few trillion dollars and is lucky if it can pay the interest on the loan. China with it's gold backed currency standard wants to become the dominant world currency. It is the wealthiest...Tags: National Government, Fannie Mae, Europe, Financial Markets, Bankruptcy
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JPMorgan CEO Jamie Dimon Gets His $23M Pay Package
CNNNEW YORK -- The director of the Federal Bureau of Investigation said Wednesday that the agency has opened an investigation into JPMorgan Chase, the nation's largest bank. "All I can say is that we have opened a preliminary investigation," Robert...Tags: Board of Directors, Jamie Dimon, Barack Obama, Federal Reserve, Citigroup Incorporated
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Prepare in case you must file a claim with your insurance company
How to file an insurance claim
Try to call your insurance agent immediately.
Begin making temporary repairs to prevent further damage.
Save all receipts. Do not attempt to make permanent repairs until an insurance adjuster has inspected the home.
Most...Tags: Hurricane Damage, Floods, Meteorological Disasters, Hurricanes, Citizens Property Insurance Corp.
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Home-value insurance: We're not convinced it's a good idea
Real Estate MattersSeveral weeks ago, we were asked whether it made sense to buy insurance on a property's value that would pay off if the value declined. We suggested that buying property value insurance when property prices are the lowest they have been relative to income...Tags: Values, Real Estate, Companies and Corporations, Finance, Real Estate Sellers
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Peaceful change is long overdue
A letter on this page was critical of the Occupy Wall Street movement (“Occupy Wall Street a cause for concern,” Nov. 8). Is the person who wrote it OK with the bonuses in the finance industry? For example, the insurance giant AIG gave...Tags: Occupy Wall Street, Foreclosures, Los Angeles Times
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Jury deliberates sanity of school shooter
VISTA, Calif. -- Jurors trying to determine whether a man was legally insane when he wounded two second-graders during a 2010 shooting rampage at a Carlsbad elementary school will deliberate for a second day Thursday.
Brendan O'Rourke, 42, was...Tags: Trials, Psychiatrists, Prosecution, Medical Specialization, Health and Safety at School
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One of the highest paid bank CEOs says newspaper pay is 'outrageous'
I would like to thank JPMorgan Chase CEO Jamie Dimon for attacking an urban legend that’s bothered me severely over the course of my 30-year career: The myth of the underpaid journalist. I know that it’s easy to look at a newspaper reporter,...Tags: Work Rules Contract Issues, Jamie Dimon, Folklore and Mythology, Collective Contract, Employees
Jul 23, 2012
|Story| Glendale News Press
Jul 23, 2012
| Orlando Sentinel
Jul 31, 2012
|Story| Hartford Courant
Apr 6, 2012
|Story| Los Angeles Times
Jun 9, 2011
|Story| Glendale News Press
May 11, 2012
|Story| Daily American
May 15, 2012
|Story| CNN
May 22, 2012
|Story| Orlando Sentinel
May 25, 2012
|Column| Tribune Media Services
Nov 17, 2011
|Story| Glendale News Press
Mar 15, 2012
|Story| KSWB-LTV
Mar 7, 2012
|Story| Herald Mail
Original site for American International Group topic gallery.
