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N.Y. AG Spitzer Indicts Former Marsh Execs for Roles in Bid Rigging, Fraud

National News • September 15, 2005
New York Attorney General Eliot Spitzer and Insurance Superintendent Howard Mills on Thursday announced the indictment of eight former executives of insurance brokerage giant Marsh Inc. for their ...

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Subject: RE: Ignorance is Bliss

Posted On: September 16, 2005, 1:21 pm CDT
Posted By: Marsh Employee
Comment:
I’m sorry you feel that way about Marsh, but we are a great company with great people, which is why we are still operating today. Our culture is one of integrity, trust, and honesty, despite what these employees have displayed.

If you think that this company has not suffered for the illegal activities, then I must not be the only one living in stupidity and ignorance. Our company and its employees have suffered for the sins of a few despite the outward appearance that the $850MM was nothing more than a slap on the wrist.

In response to your disbelief that “some Marsh employees are innocent,” if your ignorance leads you to believe that nobody in an organization with over 60,000 employees should be shocked to learn about illegal activities taking place in one department, then I think you are the stupid one. Unless you are omnipresent and omniscient, there may be something that is going on in your company that you would be shocked to learn about.

What is frustrating is that not many people outside this company know how it is structured, yet don’t hesitate to comment on things they have no knowledge about. Common sense would tell you that it would be greatly inefficient for one centralized department to market accounts for the entire Marsh organization. But again this points to the ignorance of many outside of Marsh.
Subject Posted By Posted On
RE: Honesty is the only policy Marty
Sep 16, 2005, 1:25 pm
RE: Ignorance is Bliss Marsh Employee
Sep 16, 2005, 1:21 pm
Jail time Mr. Obvious
Sep 16, 2005, 12:22 pm
RE: Ignorance is Bliss Jrod
Sep 16, 2005, 11:30 am
Ignorance is Bliss Marsh Employee
Sep 16, 2005, 11:09 am
RE: RE: Marsh Indictments Marsh Employee
Sep 16, 2005, 10:44 am
RE: Marsh Vermin Adolph
Sep 16, 2005, 10:30 am
Honesty is the only policy Hadda choice
Sep 15, 2005, 4:52 pm
RE: Marsh Indictments Just Wondering
Sep 15, 2005, 3:43 pm
Of Religion and Wrath: Small Potatoes
Sep 15, 2005, 1:04 pm
RE: RE: Marsh Indictments PRES. WILLIAM J. CLINTON
Sep 15, 2005, 12:46 pm
RE: Marsh Indictments Martha Stuart
Sep 15, 2005, 12:35 pm
RE: Marsh Indictments mark rosen
Sep 15, 2005, 12:33 pm
Marsh Indictments retired J&H/Marsh employee
Sep 15, 2005, 12:06 pm
Marsh Indictments Mark Rosen
Sep 15, 2005, 11:50 am
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