CFO / Financial
What Should Carrier Execs, Directors Ask About Terror Risk?
As carrier executives and members of carrier boards work to get more comfortable with the risks their property/casualty insurance enterprises are taking on, one risk they will likely want to ...Former Enron CEO Skilling’s Sentence Cut To 14 Years
A federal judge slashed 10 years off of his prison sentence of former Enron Corp Chief Executive Jeffrey Skilling on Friday, a decision that could set him free as early as 2017. U.S. District Judge ...
Losses Loom For Investors Enmeshed In U.S. Mortgage Chaos
Since the financial crash, banks have been accused of wrongfully foreclosing on homeowners because they failed to create and maintain proper mortgage paperwork. Now, there are signs that chaotic ...
Towers Watson Looks Beyond Jihadi Terrorism with New Risk Model
If you ask Towers Watson's Chris Holt, one of the architects of a new terror model, what he fears when he goes to work each morning, the former British Army bomb-disposal officer will respond ...
SEC Settlement Policy May Pressure Other Agencies To Toughen Up
The decision by the U.S. Securities and Exchange Commission to seek admissions of wrongdoing in select enforcement cases is expected to put pressure on other federal financial regulators to get ...
Tax Dodges In The Crosshairs At G-8 Summit
World leaders at the G-8 summit declared Tuesday that governments must work together to close loopholes that allow multinational corporate giants to avoid paying taxes in their home countries. In a ...
Citizens CFO Binnun Returning To Private Sector
Following a six-year tenure as Citizens Property Insurance Corporation's chief financial officer, Sharon Binnun has accepted a position in the private sector and will resign her post effective July ...
SEC Will Seek Admission of Wrongdoing in More Cases, White Says
The U.S. Securities and Exchange Commission will seek more admissions of wrongdoing from defendants as a condition of settling enforcement cases, the agency's chairman said. SEC Chairman Mary Jo ...