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Jan
17

Spitzer’s “final” offer

NY Atty Gen Eliot Spitzer has evidently rejected Marsh’s offer of $600 million to end his case against the broker for bid-rigging and other sins. Instead, he is seeking $750 million and a public apology from the company as the cost of settling the case.
Given that Mr. Spitzer’s former colleague is now head of Marsh, don’t be surprised to see this get worked out in gentlemanly fashion.


Joe Paduda is the principal of Health Strategy Associates

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