The fact that 70% of investors still have confidence investing in publicly-traded companies indicates that investing remains a key strategy for Americans, according to CAQ Executive Director Cindy Fornelli.
Out with the old, in with the new: AIG has announced two new Bank Credit Facilities to simplify credit facility structure for themselves and their subsidiaries.
In an ongoing effort to prevent another catastrophe like AIG's near-fatal implosion in 2008, federal regulators are considering what kinds of restrictions to place on financial services firms whose failure could shock the system.
The NAIC's STOA bulletin is among several items adopted, and does not have weight of model law, but it serves as a warning because the financial implications of fraudulent STOAs can have a negative financial impact on companies and consumers.
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