Financial Services Industry
Industry: Email Alert RSS FeedWhat can insurers do to clean up the mess of corporate governance? (Another Perspective).(Life, non-life insurers had $3.3 tn in financial assets under management in 2001)(Statistical Data Included)
National Underwriter Property & Casualty-Risk & Benefits Management, June, 2002 by Hartwig, Robert P.
The $60 billion bankruptcy of Enron last December was the opening act in what has since become one of the greatest and most serious tragedies in the financial history of the United States. What began as an ethically-challenged relationship between a corrupt energy trader and its shredder-happy auditor has mushroomed into a crisis that has engulfed the entire market for U.S.
equities. Make no mistake, the current crisis in corporate governance--which has since sucked dozens of publicly traded corporations into the ignominy of Chapter 11-has shattered the public's faith in Wall Street and cost insurers tens-of-billions of dollars. So serious is this breach of faith that U.S. stocks are likely to finish 2002 down for the third year straight. The last time that...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
