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Thu Jan 10, 2013, 09:44 AM

And to think, when I fired them as my insurance company, they asked me why

That was a true story!

14 replies, 3141 views

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Reply And to think, when I fired them as my insurance company, they asked me why (Original post)
MrScorpio Jan 2013 OP
onehandle Jan 2013 #1
lastlib Jan 2013 #2
onehandle Jan 2013 #3
1StrongBlackMan Jan 2013 #4
Baitball Blogger Jan 2013 #5
JDPriestly Jan 2013 #6
1StrongBlackMan Jan 2013 #10
JDPriestly Jan 2013 #14
kairos12 Jan 2013 #7
ChazInAz Jan 2013 #11
efhmc Jan 2013 #8
Sheepshank Jan 2013 #9
KurtNYC Jan 2013 #12
Manifestor_of_Light Jan 2013 #13

Response to MrScorpio (Original post)

Thu Jan 10, 2013, 09:47 AM

1. Nationalize Insurance! nt

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Response to onehandle (Reply #1)

Thu Jan 10, 2013, 09:53 AM

2. especially HEALTH Insurance!!!

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Response to lastlib (Reply #2)

Thu Jan 10, 2013, 10:08 AM

3. Energy, Banking, and ALL forms of Insurance.

Seize their assets and nationalize.

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Response to onehandle (Reply #3)

Thu Jan 10, 2013, 10:23 AM

4. No ...

Don't seize their assets ... just use the government's participation in the market to either make them change (to compete) or exit the market. That's what happens in the "free market", that conservatives claim to love ... while allowing themselves to believe that the government is not a market player.

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Response to MrScorpio (Original post)

Thu Jan 10, 2013, 10:26 AM

5. Chutzpah, American style.

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Response to MrScorpio (Original post)

Thu Jan 10, 2013, 11:11 AM

6. Lesson: Don't invest in companies that a) overpay their executives and b) don't give you a real

voice in what they do.

If a company is too big to think about small investors, it doesn't need your money.

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Response to JDPriestly (Reply #6)

Thu Jan 10, 2013, 11:53 AM

10. I'm sure that ...

In Greenberg's mind, he is ONLY looking out for ALL AIG investors, large and small; the fact that he stands to benefit, in a big way, from this suit, is merely coincidental.

What drives me nuts about the current state of corporate governance is, on the one hand, corporate boards have a fiduciary duty to ensure share-holder value; but they continue to allow naked self-dealing when it comes to executive compensation. They are quick to argue for the primacy of wage pressure; but only for the wage-earners, i.e., non-executives. "We pay our employees what the market will bear. For every job, there is someone out there, qualified and willing, to do it for $1.00/hour less." But this sacred free market principle simply does not apply (is not applied) when it as it comes to the C-Suite. They wish us to believe that there is no one out there willing and able to do the CEO function for $1,000,000 less. But every other non-western corporation seems to be able to find CEO caliber candidates, that consistently out-perform their western counter-parts, for significantly less.

I think it's a cultural thing.

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Response to 1StrongBlackMan (Reply #10)

Fri Jan 11, 2013, 03:05 PM

14. I agree completely. Thanks.

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Response to MrScorpio (Original post)

Thu Jan 10, 2013, 11:12 AM

7. Somewhere Kafka is Smiling

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Response to kairos12 (Reply #7)

Thu Jan 10, 2013, 12:05 PM

11. I wish...

...they'd turn into cockroaches and scurry away.

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Response to MrScorpio (Original post)

Thu Jan 10, 2013, 11:13 AM

8. Amazing!!!

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Response to MrScorpio (Original post)

Thu Jan 10, 2013, 11:15 AM

9. Tax payer gets soaks by these guys twice.....AND they want your premiums? Yeah, sure.

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Response to MrScorpio (Original post)

Thu Jan 10, 2013, 05:55 PM

12. Next AIG will sue OWS for not stopping their default swaps.

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Response to MrScorpio (Original post)

Fri Jan 11, 2013, 01:50 AM

13. I fired my insurance company

when the dumb broad I was speaking to did not understand me when I said I wanted a "dwelling fire" policy. I own two houses and I needed a "dwelling fire" policy for the one I DO NOT live in and I rent out.

She couldn't get the concept so I wrote a letter to the head agent of that office and to the company, and they of course ignored me.

They were not "on my side".


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