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Feb 17, 2014
02/14
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former aig boss hank greenberg, and his firm starr investment holdings reached an agreement to by the health care services business multiplan from two private equity companies. the deal is reportedly worth about $4.4 billion. sandra: the british serious fraud office says it plans to file criminal charges against three former barclays employees. those charges relate toed alleged manipulation of global interest rates. david: online streaming service spotify looks like it is getting ready for an ipo they are recruiting a specialist in u.s. financial reporting. spotify is declining to say whether a deal is in the cards. sandra: the world's oldest bitcoin exchange says the fix is in hand for glitches that prevented customers from withdrawing fund for more than a week. it says withdrawals at moderated pace can resume soon. david: japan's economy grew at much slower rate than expected at the end of last year. expanding by 1% year-over-year. economists predict ad gain of
former aig boss hank greenberg, and his firm starr investment holdings reached an agreement to by the health care services business multiplan from two private equity companies. the deal is reportedly worth about $4.4 billion. sandra: the british serious fraud office says it plans to file criminal charges against three former barclays employees. those charges relate toed alleged manipulation of global interest rates. david: online streaming service spotify looks like it is getting ready for an...
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Feb 26, 2014
02/14
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i will say after that, david boyce, hank greenberg, leaving govern the of possibility.hat is what they told me. liz: let's talk about the ben bernanke deposition. what will he be asked? >> this is what i understand. there was questioning about the legality of these bailouts including a ig. he wanted to be bailed out the same way they bailed out the big banks. they didn't totally wipe out the shareholders but gave the money. liquidity, gave 100% but wiped out shareholders and diluted the shares. i would say white thing out the shareholders which was an unprecedented move. that is unconstitutional. i will give you the cliff notes version and we could argue fine points of law all day. ben bernanke's testimony will be given, paulson's testimony has % been given, the new york fed president became treasury secretary, hank paulson was treasury secretary in 2008 and now it is ben bernanke. when we get these documents will be fascinating reading even though it is after the fact of the financial crisis. liz: you watched my copy of the wolf of wall street. remember when eastern eu
i will say after that, david boyce, hank greenberg, leaving govern the of possibility.hat is what they told me. liz: let's talk about the ben bernanke deposition. what will he be asked? >> this is what i understand. there was questioning about the legality of these bailouts including a ig. he wanted to be bailed out the same way they bailed out the big banks. they didn't totally wipe out the shareholders but gave the money. liquidity, gave 100% but wiped out shareholders and diluted the...
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Feb 27, 2014
02/14
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and this is hank greenberg's lawsuit over the legality of the aig bailout.ould think hank greenberg, a big shareholder, would like the bailout. he didn't because that diluted all the share holders, and he believes it was done illegally, unconstitutionally. some courts are kind of agreeing with him, because they're letting the case go, and here's what we have now. we had paulson's deposition, former treasury secretary, hank paulson, we had tim geithner, he was at the time of the bailout the new york fed president, big player in this. and now, finally, we've gotten -- we haven't gotten it totally yet, it's still going -@on. we've got ben bernanke's testimony, i wish -- liz: he's poised as a lawyer, he memorized the questions. >> i can't tell you what he said because it's not over yet. liz: right. >> i just tried to get some atmosphere orics about what it's -- atmospherics about what it's like in that room. david boies is one of the best lawyers in the world -- liz: he's a genius. >> he is what he is, he's dyslexic too. liz: i've read the book by malcolm gladwe
and this is hank greenberg's lawsuit over the legality of the aig bailout.ould think hank greenberg, a big shareholder, would like the bailout. he didn't because that diluted all the share holders, and he believes it was done illegally, unconstitutionally. some courts are kind of agreeing with him, because they're letting the case go, and here's what we have now. we had paulson's deposition, former treasury secretary, hank paulson, we had tim geithner, he was at the time of the bailout the new...
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Feb 17, 2014
02/14
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sandra: aig's hank greenberg back in the news wheeling and dealing this time.next. ashley: coming up in the tech minute, dropbox back up and running in china. impact on potential users in the world and plus populated countries. stick around. ♪ see what's new at projectluna.com like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. oh, it's great. yeah. [ male announcer ] the best thing to share? a data plan. ♪ new at&t mobilshare value plans for business. our best value plans ever. for example, you can get 10 gigs of data to share. and 5 lines would be $175 a month. plus you can add a line anytime for15 a mth. sharing's never beebetter for business. ♪ sandra: time for this hour's fox business brief. the head of volkswagen's lamborghini brand wants to increase production of the italian sports car which starts at about $200,000. lamborghini has a two-model lineup an an suv is slate odd arrive in 2017. >>> japan grew at a slower pace. gdp in the world's
sandra: aig's hank greenberg back in the news wheeling and dealing this time.next. ashley: coming up in the tech minute, dropbox back up and running in china. impact on potential users in the world and plus populated countries. stick around. ♪ see what's new at projectluna.com like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. oh, it's great. yeah. [ male announcer ] the best...
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Feb 19, 2014
02/14
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hank greenberg has, with his own deal -- come out with his own deal.sm of the obama administration is betting big on health care reform. we will talk to him about that. mosque, one of our favorite ceos , is going to be -- elon musk one of our favorite ceos, is going to be joining us exclusively. >> very good. betty liu. i looking forward particularly to mr. musk. the earnings would be -- >> the earnings are inconsequential. it is a story. where were you at $15 to say shut up and buy it? >> what do we got? >> we got to look at zales. signet is buying the company. a 41% premium from yesterday's closing price. to add toects earnings in the full first year. the deal valued sales at about 7.4%. already the largest array chain in the u.s. and the keeps on getting bigger. >> that is a fine looking ring, alix. >> i'm sure there is a man out there who needs to buy a ring. doublede -- china sales come a meanwhile sales for the company as a whole up 20%. this is a big deal. 69.69. off the all-time high, but it is up this much. bill ackman keeps being wrong on thi
hank greenberg has, with his own deal -- come out with his own deal.sm of the obama administration is betting big on health care reform. we will talk to him about that. mosque, one of our favorite ceos , is going to be -- elon musk one of our favorite ceos, is going to be joining us exclusively. >> very good. betty liu. i looking forward particularly to mr. musk. the earnings would be -- >> the earnings are inconsequential. it is a story. where were you at $15 to say shut up and buy...
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Feb 17, 2014
02/14
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. >>> former aig boss hank greenberg starr investment holdings acquiring health insurance claims processortiplan for 4.4 billion. fox business senior correspondent charlie gasparino reports that financing for the purchase will include a massive debt deal that will likely exceed $1 billion. >>> is apple about to get in the car business? a top meeting with apple official and several analysts recommended the company consider buying tesla. officials with tesla ceo elon musk last year is causing speculation to go into overdrive. apple people meeting with the tesla leaders. i believe that is what that is about. >>> augusta national, famous eisenhower tree, this is unbelievable, due to damage from the ice storm. the tree located on 17th hole was famous and frustrated golfers that had to hit over the 65-foot tree or around it. with masters only two months away, they say there is no significant damage to the course. that is the some of the hot stories on foxbusiness.com. >>> later in the show why one stock chart is creating angst with investors. it is the five-year anniversary of the president obam
. >>> former aig boss hank greenberg starr investment holdings acquiring health insurance claims processortiplan for 4.4 billion. fox business senior correspondent charlie gasparino reports that financing for the purchase will include a massive debt deal that will likely exceed $1 billion. >>> is apple about to get in the car business? a top meeting with apple official and several analysts recommended the company consider buying tesla. officials with tesla ceo elon musk last...
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Feb 27, 2014
02/14
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hank greenberg, former aig chair, to be targeted as part of this thing.e port sort of event a meet-and-greet with andrew cuomo earlier in the week. from what i understand, cuomo made a beeline to hank to put an arm around him and bring him in the group. from what i understand, hank is non-committed right now. another major figure, they're targeting, john whitehead, goldman sachs chairman. one. nicer guys on wall street. a huge player for a long time. john whitehead is still non-committal but being wooed by them. the other guy i keep hearing, david malpass. if you know dade, he has been on this network. a economist over at bear stearns. also rand for, i believe he ran for u.s. senate seat against christian gillibrand. so these are the people that are being wood. so far the only person who is totally committed appears to be langone. although, langone has a lot of sway with all the folks i just mentioned, particularly greenberg and whitehead. we'll see what happens here. i find it fascinating that wall street is lining up to cuomo. you know he is, you know,
hank greenberg, former aig chair, to be targeted as part of this thing.e port sort of event a meet-and-greet with andrew cuomo earlier in the week. from what i understand, cuomo made a beeline to hank to put an arm around him and bring him in the group. from what i understand, hank is non-committed right now. another major figure, they're targeting, john whitehead, goldman sachs chairman. one. nicer guys on wall street. a huge player for a long time. john whitehead is still non-committal but...
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Feb 25, 2014
02/14
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hank greenberg, '88. we leave off the list that we should have put on, who did we put on that we should have kicked off? >> you kicked him off already but i'm not sure why donald trump made the list. the reason i say -- >> made the first list. >> the reason i say that, when i compare him to people like huizenga or george mitchell or phil knight, phil knight revolutionized sports marketing forever. changed the way we do endorsements, changed sports marketing, the way we advertise athletic gear. there are just people on here that have really set the trend for many years to come. quite frankly, the list is made up of a lot of pioneers. >> sue? >> i think that goes to what i was thinking, most of the people that you have just highlighted, wayne, bob, george mitchell, they think ahead of everyone else. i like to say that they can see around corners, if you will. they anticipate what's coming next and they don't let anybody tell them that you can't do it differently. they just do it. >> well, i tell you, workin
hank greenberg, '88. we leave off the list that we should have put on, who did we put on that we should have kicked off? >> you kicked him off already but i'm not sure why donald trump made the list. the reason i say -- >> made the first list. >> the reason i say that, when i compare him to people like huizenga or george mitchell or phil knight, phil knight revolutionized sports marketing forever. changed the way we do endorsements, changed sports marketing, the way we...
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Feb 19, 2014
02/14
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interview.for that a great program for you this morning, including another exclusive interview with hank greenbergaboutt the outspoken ceo what he thinks about the new government report on raising the minimum wage. to all introduce you killer sound system with implications totally out of this world. stay in the loop. we're just getting started on this wednesday. ♪ lex you are watching "in the loop here: -- loop." investment, and insurance powerhouse headed by greenberg, partnered with switzerland, partnered to buy this company. four point $4 billion. the news came out over the the weekend. on the phone with us now is the chairman and ceo of cv starr. what the emphasis was -- impetus was to buy this company. >> it is a great company. i've known the ceo for many years. he used to work with me. at a prior company iran. iran -- that i ran. i think it is the best. from my point of view, it was a great opportunity since we knew each other. he is a great manager. adds versification, an outstanding company. >> in some of the articles that ,ave come out analyzing this people are saying, hank thatberg is no
interview.for that a great program for you this morning, including another exclusive interview with hank greenbergaboutt the outspoken ceo what he thinks about the new government report on raising the minimum wage. to all introduce you killer sound system with implications totally out of this world. stay in the loop. we're just getting started on this wednesday. ♪ lex you are watching "in the loop here: -- loop." investment, and insurance powerhouse headed by greenberg, partnered...
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Feb 26, 2014
02/14
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we spoke to some republican one republican, private business and, hank greenberg, and he said that itrobably the right thing to do politically for the republican party could i want you to listen to what he said. >> the republicans have got to not be viewed as the party that killed it. if they do that, they will have a tough time in the forthcoming elections. i think that from a practical point of view, i would hope they would go along and get it done. >> maybe swallow the pill now so that you avoid the disaster later? >> i agree with him that republicans will have a hard time in the next election no matter what, because they are out of control. at what isly look going on from the republican side of the party, it makes no sense. when i talk to people about -- >> when you say it makes no sense -- >> negotiations, for example, are a large part of fort i do for a living. you have to find copper mines and find ways for people to work out this -- you have to find a compromise and find ways for people to work out issues. you can't plant flags in the ground and draw lines in the sand. that is
we spoke to some republican one republican, private business and, hank greenberg, and he said that itrobably the right thing to do politically for the republican party could i want you to listen to what he said. >> the republicans have got to not be viewed as the party that killed it. if they do that, they will have a tough time in the forthcoming elections. i think that from a practical point of view, i would hope they would go along and get it done. >> maybe swallow the pill now...
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Feb 18, 2014
02/14
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former igco hank greenberg is back on the acquisition trail.ompany, star investment holdings is buying investment earnings for multi plans. the deal is worth $4.4 billion, but the terms were not disclosed. multi plan, opened by silver lake and bc partners manages a claims process for big health insurers. this will be a break through. we're joined now by phone from savannah. ollie, why are they bringing down expectations? >> good morning, carolin. this is the supreme leader's mo. before any of the talks, you always bring down expectations. let's not forget he has a deep seated mistrust in the united states. so he probably doesn't think these talks are going to work. he's setting himself up for the future for if these talks to tail, he can turn around and say, listen, i told you so, i understand the die many na eks of what's happening here. the u.s. delegation here is also very, very cautious. they gave us an off the record briefing last night and told us this is going to be a complicated, difficult and lengthy process. the stakes are extraordina
former igco hank greenberg is back on the acquisition trail.ompany, star investment holdings is buying investment earnings for multi plans. the deal is worth $4.4 billion, but the terms were not disclosed. multi plan, opened by silver lake and bc partners manages a claims process for big health insurers. this will be a break through. we're joined now by phone from savannah. ollie, why are they bringing down expectations? >> good morning, carolin. this is the supreme leader's mo. before...
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Feb 18, 2014
02/14
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. >>> meanwhile, a firm bought by hank greenberg says it will buy a multi plan. the deal is valued at $4.4 billion. now back over to you. >> thank you. and we have mergers, the whole world -- good things are happening. after last week's deal, it feels like we have more things coming up. >> people want to get stuff done. >> and we have more deal news this morning, which is that barry sternwick is in early talks about selling is his firm to the public. starwood capital group has $34 billion in asset under management. the firm has stakes in hotels, office buildings, apartment complexes and shopping malls. speaking of possible public offerings, online music streaming service spotify is now recruiting a u.s. financial reporting specialist. this news is adding to lots of speculation that the swedish start up is preparing for a share listing. reports say the firm could be valued as much as $8 billion. that's more than like warner music. the people create the content. >> it is. and the last time spotify raised capital was, i believe, about a year ago. goldman sachs led t
. >>> meanwhile, a firm bought by hank greenberg says it will buy a multi plan. the deal is valued at $4.4 billion. now back over to you. >> thank you. and we have mergers, the whole world -- good things are happening. after last week's deal, it feels like we have more things coming up. >> people want to get stuff done. >> and we have more deal news this morning, which is that barry sternwick is in early talks about selling is his firm to the public. starwood capital...