Business
Little-noticed revisions in the pension laws, enacted without public comment in the final hours before Congress adjourned last year, could deliver a strong blow to the traditional pension plans on which 62 million workers have counted for a guaranteed retirement income, pension experts say.
Feb. 24, 1988
World & Nation
Whitewater: D’Amato panel looks into whether McDougal benefited from Clinton campaign help. Testimony and timing appear to refute theory.
April 25, 1996
A Superior Court judge on Thursday approved the $3.55-billion sale of Executive Life Insurance Co. of California to a French-based investor group, setting into motion the rehabilitation of the failed company.
Dec. 27, 1991
A state court judge Thursday approved the $3.55-billion sale of Executive Life Insurance Co. to a French investor group, paving the way for the largest rehabilitation of a failed U.S. insurer ever and ending months of uncertainty for hundreds of thousands of policyholders.
At least 8 million workers risk losing all or parts of their pensions because employers are failing to keep up their payments to assure that benefits will be provided, Labor Secretary Robert B.
July 20, 1994
Politics
With tax reform revision legislation having won enough votes to get out the House of Representatives, the future of these changes in the nation’s taxing formula will be considered in the Senate, where Finance Committee Chairman Robert Packwood (R-Ore.) has promised that there will be a vote before July 31.
Feb. 9, 1986
President Clinton’s personal lawyer today will begin giving federal investigators records of the First Family’s Whitewater Development Corp. investment after a grand jury subpoena was issued, the White House said Wednesday.
Jan. 6, 1994
A group of state insurance guaranty funds signaled Friday that it may support the sale of Executive Life Insurance Co. to French investors after all, which could hasten the end of a 7-month-old auction for the failed insurer.
Nov. 30, 1991
Moody’s Investors Service said it gave its top rating to $325 million in notes issued by DreamWorks SKG to finance films because of a safety net provided by a financial guaranty firm.
Dec. 2, 1997
Facing a Monday deadline, insurance officials and regulators were scrambling Friday to muster financial, legal and operating support for a $1-billion industry bid for Executive Life Insurance Co. of California.
Nov. 2, 1991