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PUBLIC MARKS from bacon with tag insurance

April 2009

American International Group plans sale of U.S. auto business, 21st Century Insurance, to Zurich Financial Services

US taxpayer-bailed out insurance giant American International Group Inc. (AIG) is in advanced talks to sell its US personal lines insurance business, 21st Century Insurance, to Zurich Financial Services for about $2bn. Selling the unit, which includes ...

Wells Fargo sees record first-quarter profit approximately $3 billion!

Wells Fargo Expects, a diversified financial services company with $1.3 trillion in assets, Record First Quarter Earnings of Approximately $3 Billion Strong business momentum at Wells Fargo and Wachovia, including $190 billion in mortgage applications ...

February 2009

MBIA launches public finance company

MBIA Inc. today announced that it has established a new U.S. public finance financial guarantee insurance company within the MBIA Inc. group by restructuring (the “Transformation”) its principal insurance subsidiary, MBIA Insurance Corporation (“...

September 2008

Wachovia Corporation an acquisition machine about to collapse- for sale

I believe it is the loss of public confidence and the bad press that will do them in. It seems that another bank will go down sooner or later. The Wachovia Corporation was formed through a series of mergers over the years that not only made it one of ...

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