GLG News by Scottish Re Experts
Analysis of:
R.I. court weighs lead paint verdict (www.boston.com)
If the Rode Island Lead Paint ruling is upheld 3 companies face billions in exposure! Was this another case in which the jury heard just a little to much possible wrongdoing & skipped Proximate Cause right to send a message?
Analysis of:
Berkshire sells White Mountains stake for $836 mln (www.reuters.com)
With the current state of the stock market is this the time to get out of some areas of the insurance industry? Is Buffet's latest sale just another step on a lily pad?
Analysis of:
The Fed's Fix (www.forbes.com)
Throwing money into the economy may not be the real solution! Having capital to lend may be useless if everyone remains to scared to borrow!
Analysis of:
Court Allows Suit Against Drug Maker (www.nytimes.com)
Does FDA approval provide a cloak for certain types of lawsuits?
Should State laws be allowed to in essence carve out exceptions to what appears to be Federal regulation?
Analysis of:
Door Could Open To Class Actions (www.washingtonpost.com)
If class action status is allowed for homeowners to cancel their mortgages banks will feel a heavy sting on the interest reimbursement as may insurance companies that may cover for this type of mishap! With the already troubled Stock Market, could this type of class action likely cripple the...
Analysis of:
Health Savings Account Answers (www.washingtonpost.com)
HSA's are many involved with higher deductibles. It is an attempt to lower health premiums, but with greater participation by the insureds.
Depending on the plan the high premiums may be pretax and the balance left in an HSA can be rolled over into the next year and not lost like with...
Analysis of:
Ex-Marsh execs convicted for bid rigging (www.investmentnews.com)
Those involved in the management decisions on contingent commissions are feeling its sting!
What was once an accepted practice with brokers has now come under strict scrutiny.
Analysis of:
SEC Probes Money Market Funds (www1.cchwallstreet.com)
If market funds are some what of the most conservative investments why microscope them?
The SEC's recent investigation into market funds may confirm what many financial investors already knew, if the market spirals downward expect the signal flares to go up!
Analysis of:
Supreme Court Denies Review in Enron despite Plaintiffs' Assertion that there Is a "Financial Services" Exception to Stoneridge's Limit on Third Party Liability (www.imakenews.com)
Will a Third Party in a financial transaction be able to forever hide behind the Stoneridge ruling? Are investors no longer able to pursue fraud allegations against a third party in a financial transaction?
Analysis of:
Grace Bets On Winning Asbestos Lawsuits (www.washingtonpost.com)
WR. Grace's tactics in their bankruptcy set the benchmark for all to follow. The allowance of extensive discovery in an asbestos bankruptcy has generally favored the defense.
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Most Popular Financial & Business Services News
Expert Analyses | Source Article
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" All Market Opportunities for the Sale of Assets will be MATERIALLY Discounted in the Future"