US Insurance Sector Rocked: $21 Billion in Dark Pool Deals, Wall Street Tycoon's Sports Empire Teeters
Guggenheim CEO Mark Walter, head of the $100 billion financial empire, is facing a stringent FBI investigation. Up to $21 billion in insurance funds are suspected of improper…
Guggenheim CEO Mark Walter, head of the $100 billion financial empire, is facing a stringent FBI investigation. Up to $21 billion in insurance funds are suspected of improper "left-hand-to-right-hand" transfers, and the $1.1 trillion "private equity vampire" model behind the US insurance industry is now on the brink of collapse.
Original: https://wallstreetcn.com/articles/3780298
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