Posted On: December 4, 2006, 7:56 am CST

Posted By: diane

A few facts...The bid riggers were prosecuted..the specific people who did the bid rigging were prosecuted and are serving sentences. They are the ones who did a bad thing, a few bad apples have destroyed our industry. You all blame the mega brokers but it is not their fault it is a few and I say a very few people that worked for them and a few people who worked for the big companies (AIG, ACE, Travelers etc.) that caused this.

Next you have the contingent compensation which is separate from the bid rigging but somehow Mr Sptizer seems to think they are one in the same. Yes, the contingent compensation caused a few to bid rig but just a few and I'm sure in many other industries the same thing has occurred. We need contingent compensation and hopefully overtime we can get this overturned, we'll see.

Finally, those who voted for Mr Spitzer as governor definitely have a screw loose, I don't know how anyone in the state of NY could have thought he would make a good governor. How could that man be helping the people? Let's see, he's caused anyone working for any of the insurance companies or large brokers to lose jobs and anyone with stock in those companies to lose money. I'm sure we all know someone who was affected? He also has now affected the entire industry with contingent compensation, that affects everyone we know? Well good luck NY with him in office who knows what's going to happen, glad I don't live there anymore but don't move down south when the going gets rough!!!!