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Sunday 3 May 2009

Three More Banks Closed, Including Largest Failure to Date

Three More Banks Closed, Including Largest Failure to Date
Seeking Alpha - New York,NY,USA
Silverton Bank of Atlanta had $4.1 billion of assets and $3.3 billion worth of deposits, all within the FDIC's insurance limits. ...
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Banks in Georgia, NJ, Utah shut by regulators
The Associated Press
The federal Office of the Comptroller of the Currency closed Silverton Bank, based in Atlanta, and appointed the Federal Deposit Insurance Corp. as receiver ...
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Buffett offers preview of 1Q Berkshire earnings
The Associated Press
Buffett said that in the first quarter, Berkshire's utility and insurance businesses performed fairly well during the quarter. ...
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Buffett Calls Investment Candidates' 2008 Performance Subpar
Bloomberg - USA
Tony Nicely, the head of Berkshire's Geico Corp. car insurance business, and Ajit Jain, who runs a unit that sells reinsurance, are also on media lists of ...
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Buffett Provides Some Berkshire Results at Annual Meeting
Wall Street Journal - USA
Mr. Buffett said Saturday that most of Berkshire's businesses outside of insurance and the regulated utility industry suffered during the first quarter. ...
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Obama and his health insurance plans save 30%
Fergus Falls Daily Journal - Fergus Falls,MN,USA
The public health insurance option is essential, but insurance companies are fighting it hard — and some Democrats are starting to waver. ...
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Buffett: "Impossible" to Replace Ajit Jain As Insurance Chief
CNBC - Englewood Cliffs,USA
Warren Buffett told shareholders today that "it would be impossible" to replace Ajit Jain as the chief of Berkshire Hathaway's insurance operations. ...
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Lawmakers vote to deregulate some Fla. insurance
MiamiHerald.com - Miami,FL,USA
Florida home and business owners would be able to pay however much they'd like to buy insurance to protect their property under a bill that has moved ...
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Shares of Aon slide on 1st-quarter report
Forbes - NY,USA
AP , 05.01.09, 11:38 AM EDT Shares of Aon Corp. slid Friday after the insurance broker's first-quarter profit fell far short of Wall Street expectations, ...
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Aon Corp. shares tumble as earnings miss expectations
Chicago Tribune - United States
Shares of Aon Corp. tumbled more than 13 percent Friday after the Chicago-based insurance brokerage reported earnings that came up short of Wall Street ...
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