National News
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Looking for Profits at Marsh
National News • November 12, 2007
The Marsh & McLennan Companies, or MMC, has seen its once dominant position atop the brokerage world assailed by changing conditions, Eliot Spitzer, more competition and its own internal ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Cherkasky | Bang | Nov 19, 2007, 3:07 pm |
| RE: Too much already | Linky | Nov 13, 2007, 4:05 pm |
| Too much already | Big Dog | Nov 13, 2007, 9:19 am |
| RE: RE: RE: M&M | Too much already | Nov 12, 2007, 4:09 pm |
| RE: RE: M&M | GWW | Nov 12, 2007, 4:08 pm |
| RE: RE: RE: M&M | Reagan | Nov 12, 2007, 2:18 pm |
| RE: RE: M&M | ljkskidude | Nov 12, 2007, 2:01 pm |
| RE: M&M | Big Dog | Nov 12, 2007, 1:51 pm |
| M&M | ISAAC KHAKHALEVOWITZ | Nov 12, 2007, 1:40 pm |
| Back to article | ||
Subject: Cherkasky
Your work here with the insurance industry is done. Big thanks to you and your buddy (Eliot) as you fixed the industry and especially MMC.
Maybe you two can go fix the legal profession. How about proposing no double dipping in that profession. No fees and contingency. Just one or the other. And cap contingencies at 15% unless there are enhanced services. These enhanced services must be disclosed and justified to the consumer. Also, cap the enhanced services at 2.5%.
A couple of questions before you go...
You say MMC want 2.5% enhanced commission to level the playing field.
Is that for just large brokers with brokerage operations based out of NYC whose first name starts with M and ends with h?
Is it because MMC have higher expenses than those smaller brokers and those expenses are due to enhanced services?
Will MMC, one again, making more commission than the standard broker satisfy your level playing field requirement?