Posts Tagged ‘ceo’

Hartford CEO to Step Down Amid Heavy Losses

Thursday, June 4, 2009 10:44 1 Comment

Hartford (HIG) CEO Ramani Ayer will be stepping down from his position as the company’s Chief Executive. Ayer spent 10 years at the top of the struggling insurer and will be retiring at the end of the year amid record company losses and shareholder pressure.
In our 2009 forecast, we suggested that Hartford’s future looked the [...]

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Fool Me Twice: Citigroup CEO Shouldn’t be Trusted

Tuesday, March 10, 2009 11:31 12 Comments

The markets jumped early in the trading day in a move  led by a “Leaked” memo by Nationalized Citigroup CEO Vikram Pandit which was sent to employees stating that the troubled bank was profitable in the first 2 months of 2009. He went on to describe their capital position as “Strong.”
The market, which was extremely [...]

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