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high insurance cause

 
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wdb  



Joined: 02 Nov 2002
Posts: 2024

PostPosted: Mon Oct 18, 2004 8:58 pm    Post subject: high insurance cause Reply with quote

"You always had to wonder how they could have a family dinner and not violate every antitrust law there is," says former AIG executive Marc Vivori.

http://www.time.com/time/magazine/article/0,9171,1101041025-725129,00.html
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John Brown  



Joined: 07 Nov 2002
Posts: 903
Location: Leesburg VA

PostPosted: Thu Oct 21, 2004 7:47 am    Post subject: Reply with quote

Go Elliot!
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John
80 931 - #931 44Cup
99 Escalade - tows track cars
gone but not forgotten: original 924.org car - 82
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wdb  



Joined: 02 Nov 2002
Posts: 2024

PostPosted: Thu Oct 21, 2004 9:24 am    Post subject: Reply with quote

thats some sh!t huh . a father and his 2 sons are ceo's to the 3 largest insurers in the usa . I swear your honor , not once did we ever discuss rates at dinner ,honest and for trully . that guy's salary is 1.5 Billion a year , 28 million a WEEK . the average american gets 40K a year , 1 million in there lifetime . he makes more than that in 1 day ! thats excessive I think .
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Smoothie  



Joined: 01 Jan 2003
Posts: 8032
Location: DE (the one near MD, PA, NJ)

PostPosted: Thu Oct 21, 2004 11:17 am    Post subject: Reply with quote

Well in all fairness it's the whole company that makes $1.5 billion a year -and only $800 million of that was gotten from dicey commisions. Little Jeffy probably only makes a couple hundred million.
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Smoothie  



Joined: 01 Jan 2003
Posts: 8032
Location: DE (the one near MD, PA, NJ)

PostPosted: Thu Oct 21, 2004 11:25 am    Post subject: Reply with quote

Actually, only $6.5 million if this is to be believed - http://yahoo.investor.reuters.com/OfficersComp.aspx?target=executiveofficers/basiccompensation&ticker=MMC
(plus another ~$25 million in option compensation)
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