MMC results show post-Spitzer damage
Marsh & McLennan second quarter and first half results for 2005 have shown a sharp fall in profits for the company as it struggles in the wake of the fallout from the Spitzer inquiry.
The company said that consolidated revenues for the quarter increased 2 percent to $3.1bn. Net income was $166m, compared with $389m in last year's second quarter. For the six months of 2005Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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