COVID Stimulus Watch Individual Entry
Recipient Company:
Marsh & McLennan Cos Inc
Loan or Loan Guarantee Amount:
$2,196,337
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: MMC)
Award Details
Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Marsh & McLennan
Headquartered in: New York
Parent Sector: financial services
Parent Industry: insurance
Employees (prior to pandemic): 76,000
Accountability Issues Since 2010
Employment-related Penalties: $35,000,000
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Consumer Protection / Financial / Competition-related Penalties: $500,311,414
Ratio of CEO Pay to that of Median Worker: 300 to 1
CEO Compensation: $20,331,697
Worker Median Pay: $67,826
Total Federal, State, and Local Subsidies: $22,007,120
Federal Corporate Income Tax Rate: 21.7%
Violation Tracker
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues