European Union financial ministers have agreed today to begin what are sure to be long and potentially onerous negotiations regarding tough new rules proposed for any “alternative investment” vehicles that originate outside of the EU, but are sold to EU customers. What this means in plain English is that because of a widespread perception across [...]
This has been a pretty content-rich conference, but today is the day I have been waiting for. Today, Nicholas Nassim Taleb is the RIMS Leadership Luncheon keynote speaker. If you don’t know who Taleb is, you really ought to. He is a veteran trader, professor at New York University’s Polytechnic Institute and is best known [...]
Related Topics:
RIMS 2010 Boston
Against a transparent backdrop fashioned as a giant web page, Willis drew the RIMS 2010 Boston press corps to its booth shortly after the Exhibition Floor opened. The reason? For Don Baily, CEO, Willis North America, and Joe Plumeri, Chairman and CEO of Willis Group, to reiterate their staunch opposition to contingent commissions. But more [...]
Related Topics:
RIMS 2010 Boston,
Willis
Okay, I said it: perhaps we’re being too harsh on AIG.
Sure, the company has some serious problems, and its liquidity crisis of 2008 will remain one of the worst business disasters of all time. But since then, AIG has somehow morphed from a deeply troubled company into an avatar of all things wrong with the [...]
Related Topics:
AIG,
Eli Lehrer,
Frum Forum,
Heartland Institute,
Kill AIG Now,
Politics,
President Obama