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Insurance

A collection of news and information related to Insurance published by this site and its partners.

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  • Charles Village community activist Sharon Guida sentenced to three years probation for theft scheme

    Charles Village community activist Sharon Guida sentenced to three years probation for theft scheme
    Longtime Charles Village community activist Sharon Guida was sentenced to three years probation today in circuit court, after she and several supporters said her activism itself led to her theft of over $50,000 from a local bank.
  • Just Business?

    Just Business?
    Kenneth W. Watford says he is here because of an injustice.  Sitting on the other side of the sloppily caulked double Plexiglas window, his wide face and short cropped hair flecked with gray leaning into a flat microphone and speaker affixed to the...

    All the Money in the World-and Then Some

    NPR's Morning Edition this morning reported on the causes of insurance giant A.I.G.'s downfall, letting us know that credit default swaps were "a $70 trillion business." Reporter Adam Davidson says the credit-default swaps business soured and forced A.I....

    Over-The-Counter Attack

    Yesterday, just about 15 years after the General Accounting Office warned it was necessary, Treasury Secretary Timothy Geithner sent a letter to regulators expressing President Obama's interest in regulating the market in Over the Counter Derivatives....

    The Sting

    The Wall Street Journal has a neat little story (subscription required) that illustrates the state of play in the investment banking business. There is an element of David vs. Goliath, but the more significant message seems to be that things have not...