Posted On: May 13, 2005, 9:03 am CDT

Posted By: RIF#2

Folks,

While we can all speculate on the 9 guilty people at Marsh the were charged with the actual wrondoing, and the subsequent layoffs of the innocent (well over 3000 US employees), I can fully agree with Mica's comments concerning the "pity party" that Marshans and other top ten brokers/carriers
have said they deserve- NOT! Every Marsh Zone office has it's issues, and, for the rest of the insurance world, all of the Managing Directors at Marsh who were paid a stay bonus- amounting to $120,000,000 to keep the company together, I hope they walk out after realizing the company is falling apart and has abandoned them. More than likely, we will see the shift of business from Marsh since the name is so tarnished no amount of positive advertising can polish it to be presentable again. Mr. Cherkasky mentioned in his conference call to the investor community early this last quarter that he really did not care if employees walked out with the disposal of "unprofitable business". For all of us listening, that was truly a different side of his poker face than we really needed to see with all the corporate lies and stress.
Sorry, this attorney (Mike C.)clearly does not understand this boker/cleint relationship business, does he??? As one who was RIFFED (Reduction in Force)after the first quarter this year, the only positve (if even that) part of the Marsh experience I can point to is the blurb on my resume'. Good luck to all who are stuck handling the work from all the folks walking out on Marsh. Glad for all who have had the nerve to leave. Marsh has truly walked out on it's employees...get ready for RIF's each quarter..