CEO / Chief Executive
No Tweets for Buffett’s Second-in-Command Munger
So they are not completely in sync after all. A day after Berkshire Hathaway Inc. Chairman Warren Buffett set up his own account on Twitter, his second-in-command, Charlie Munger, said he has no ...
S&P’s New Insurance Criteria Released; Method Would Have Spotted AIG’s Past Problems
Incorporating lessons learned from historical periods for industry stress, including the near-failure of American International Group, Standard & Poor's published a revised rating methodology for ...
Claims Down, Premiums Up for Reinsurers
Low damage claims and rising premiums helped to shield earnings at German reinsurers Munich Re and Hannover Re in the first quarter, as the sector battles to shore up profits amid record low interest ...
Many Bosses ‘Cook the Books’ to Meet Tough Goals: Fraud Survey
Hard-pressed company bosses across much of the world are under so much pressure to deliver on growth that many have resorted to cooking the books, Ernst & Young says in its latest fraud survey ...
Lessons of Reinhart-Rogoff: Lawrence Summers
The economics commentariat and no small part of the political debate in recent weeks has been consumed with the controversy surrounding the work of my Harvard colleagues (and friends) Carmen Reinhart ...
Buffett: Berkshire to Become ‘Significant Factor’ in Commercial Insurance
Investor Warren Buffett said Berkshire Hathaway plans on growing its commercial lines insurance business quickly now that it has added four executives from American International Group (AIG). "I ...
Buffett Fans Remain Loyal Even As Berkshire Growth Slows
Short-seller Douglas Kass, Warren Buffett's handpicked bear, raised a concern on the minds of many shareholders at the "Woodstock for capitalists" this weekend: Has Berkshire Hathaway Inc. become so ...