Ex-AIG CEO’s $25B Bailout Lawsuit to Move Forward

A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group, over the ...

The Trouble With Incentive Compensation

Incentive compensation in many organizations has evolved over recent years. What started with the intent to increase the alignment of top management with shareholder interests, later developed into a ...

Allianz’s Pimco Plans For More Democratic Future

When Bill Gross eventually retires as chief investment officer of California-based asset manager Pimco, his "Bond King" crown will go with him. Allianz, the German insurer which owns Pimco, wants to ...

Allstate Makes Two Changes on its Board

Allstate Corp. has made two noteworthy changes to its board of directors. The company, which is the largest publicly-held U.S. home and auto insurer, named 71-year-old F. Duane Ackerman as its lead ...