If most Americans had never heard of Wall Street titan Edward Liddy before the financial crisis they knew his name only too well by the end of last spring.The former CEO of Allstate (ALL) famously came out of retirement in September 2008 to take over a bankrupt AIG. He was installed by the Federal Reserve and worked for a salary of $1 per year out of a sense of patriotic duty according to remarks by Liddy and others including Treasury Secretary Timothy Geithner. After enduring a public firestorm in March over the now-notorious AIG bonus scandal when the company ...

Financial stocks trade mostly lower, with insurers sustaining a broad-based pullback.

A major shake-up is underway in the insurance industry, with key assets coming on the market across the globe as the fallout from the financial crisis continues.

Shares of Genworth Financial stage an early rally on the insurer's financial results, an upside standout in an otherwise lackluster sector.

Among the companies whose shares are expected to see active trade in Friday’s session are Aon Corp. Amerigroup Corp., Sony and Las Vegas Sands.