Insurance in the dock

spitzer probe


Another month, another financial services industry shaken to its foundations by New York’s attorney general Eliot Spitzer. Two years ago, Spitzer rummaged through emails from Wall Street research analysts to find that they had intentionally touted stocks to win investment banking business. Spitzer then rocked the mutual fund industry with allegations that fund managers were cutting special deals for their largest clients and hurting average investors in the process. And after a brief

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