Benjamin M. Lawsky has been nominated to be the first superintendent of the New York State Department of Financial Services, and Mila Kofman resigned as Maine's head regulator after one year of a five-year term.
To deal with a record deficit, New York's new governor is looking to make cuts in state government, and he is eyeing the state's insurance department as one area to promote efficiency.
To deal with a record deficit, New York's new governor is looking to make cuts in state government, and he is eyeing the state's insurance department as one area to promote efficiency.
Kenneth Feinberg, the Obama Administration compensation czar, would not answer questions today after widespread reports that American International Group will pay millions in bonuses next week.
Kenneth Feinberg, the Obama Administration compensation czar, would not answer questions today after widespread reports that American International Group will pay millions in bonuses next week.
It may be too early to be heaving any sighs of relief, but as AA&B goes to press, global stock markets are beginning to stabilize in the wake of a multitude of government bailout promises to their respective