Et tu, Frank?
Until this spring, Maurice (Hank) Greenberg was chairman and chief executive of American International Group, the giant insurance company he had run for almost 40 years. In March, the board of A.I.G. fired him, after the company found itself under investigation by federal regulators for its accounting practices. The director who led Read More
Mayor Rudolph Giuliani is quietly pushing to create a soaring financial citadel in lower Manhattan that would house two fierce rivals: the New York Stock Exchange and the newly merged Nasdaq-American Stock Exchange.
Sources told The Observer that Mr. Giuliani is urging the Nasdaq-Amex to move into a tower above a 500,000-square-foot complex that the Read More
Most stiff-collared financial industry executives would probably be put off by Times Square’s garish billboards and unwieldy crowds. But when Frank Zarb, chairman of the National Association of Securities Dealers, went shopping for a new home for his expanding empire of stock markets, he became enamored with the neighborhood’s bright lights and newfound energy. Read More