February 13, 2003
Attorney General Eliot Spitzer and New York State Superintendent of Insurance Gregory Serio filed a lawsuit against an Albany health plan for reportedly operating without a license. The lawsuit alleges that the Millennium Business Association of America, Inc. (Millennium) and …
January 21, 2003
In an unusual preliminary announcement Credit Suisse indicated that its losses for 2002 could reach SFr 3.4 billion ($2.48 billion) while fourth quarter losses might be as high as SFr. 1 billion ($730 million). It will present its official results …
November 11, 2002
Uneasy lies the head that wears a crown.” King Henry’s 15th century lament over his lack of sleep may well be shared these days by a number of 21st century CEOs, as investors call for their heads in the wake …
October 14, 2002
“Uneasy lies the head that wears a crown.” King Henry’s 15th century lament over his lack of sleep may well be shared these days by a number of 21st century CEOs, as investors call for their heads in the wake …
September 26, 2002
New York Attorney General Eliot Spitzer and Insurance Superintendent Gergory Serio announced charges have been filed against 25 people allegedly involved in two auto insurance fraud rings operating in New York City. Charges against the individuals include grand larceny, conspiracy, …
September 20, 2002
Credit Suisse (CS), the parent company of U.S. investment bank Credit Suisse First Boston (CSFB) and the Winterthur Group, has ousted its Chairman and CEO Lukas Mühlemann, following a number of negative developments. Mühlemann, the former Chairman and CEO of …
March 25, 2002
It’s almost inevitable that after every major disaster some individuals will try to profit from the situation; therefore, it came as no real surprise when Manhattan District Attorney Robert M. Morgenthau announced charges against 22 people for falsely filing for …