AIG deftly handled the potential public relations crisis around their SIFI designation and now, it appears it was all for naught. In one fell swoop, CEO Robert Benmosche has solidified the reputation that the financial services industry as a whole has tried to reshape post crisis: The notion that the industry is full of greedy, self-absorbed narcissists who operate in bubble.
Sun Life Financial, CUNA Mutual and NorthStar Life also have announcements.
A longtime agent has ideas about how to revamp the U.S. Department of Health and Human Services.
Adam Elster expects the crisis to slow deals now but boost sales later.
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