Bloomberg News

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Robert Benmosche, Who Led AIG In Repaying Bailout, Dies At 70

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Robert Benmosche, the combative former CEO of American International Group who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70.

Is Washington Ready For The Death Of Obamacare?

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The biggest story in politics and economics centers on the possibility the U.S. Supreme Court will soon eliminate federal subsidies for people buying health insurance through Obamacare.

Hedge Fund Manager Loeb Predicts Disappointment For Funds Seeking Energy Distress

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Hedge fund manager Dan Loeb warned investors against expecting unrealistic returns if they’re counting on investing in energy companies on the cheap.

The Next Bernie Madoff? Richard Dreyfuss, Maybe Robert De Niro

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There’s competition to be the first Academy Award winner to play Bernie Madoff, mastermind of the world’s biggest Ponzi scheme.

Irving Kahn, Investor Who Profited In '29 Crash, Dies At 109

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Irving Kahn, the Manhattan money manager whose astounding longevity enabled him to carry firsthand lessons from the Great Depression well into the 21st century, has died. He was 109.

Meredith Whitney Wins Early Victory In Fund Survival War

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Meredith Whitney won an early victory in the fight to save her hedge fund as a judge said investor payments can resume while billionaire Michael Platt seeks to recoup his stake.

How New York Hunts Down Tax Refugees

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Few states are as strict about residency rules as New York, which means that if New Yorkers want to leave—and take state tax revenue along with them—they must prove they really are gone.

Goldman Employees Reaped $2 Billion From 2008 Options Last Year

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While Goldman Sachs Group Inc. employees may get less compensation than in the past, many cashed in last year for a payday they’ve been awaiting since the depths of the financial crisis.

Hyper-Luxury Cars Are Now Selling Faster Than Normal Ones

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Thanks to a bullish economy and a burgeoning crop of multi-millionaires, carmakers catering to the rich have finally started to figure out that they have been drastically underestimating demand for...

Prominent Investor Pushing Wal-Mart On Executive Pay

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The growing debate about worsening income inequality in the U.S. has put a spotlight on how fast-food chains and retailers treat their staff.

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