..have to RIF....well then....RIF the "overpaid" CEO and the executives in the various units bleeding cash via overpay. Let underwriting underwrite and they (Execu) need to stop blaming them for poor underwriting...let's face it..the company has a horrible reputation and the underwriters are great folks who are swimming against the tide in a tough market - CEOs decisions led to insured seeking other providers Period. - Slow burn to drive the company down. .NPW going down by half was DELIBERATE by CEO's reorg under the previous regime (if not before). ...bad bad bad but they don't care they have millions in the bank... but its all moot - the place looks like a place for has-beens to make some cash, get their friends some cash (or make sure they are set up okay)..before the crash. The outside consultant thing is a joke could see this coming from a mile away once they start getting dependence on consultants.(who lick their greedy lips s---ing AIG dry telling them what they want to hear)..and most of these hacks are hoping to jump over to the consultants onces they fly away in their golden parachute or what ever. It's so that businesses can be so mis-managed yet they can throw millions of dollars to a few. It's hard to get my head around.
Excellent post by @Y0HBlzq-tqa . Couldn’t agree more/