It is a damn shame. Mike Segal is no different than any other high powered executive. No client lost any money. Keep repeating that. That is lot more than I can say for the Enron/Anderson victims.
Marie, no insured lost any money because they were very lucky but a very serious potential for multiple insureds to have serious financial troubles was there. I worked in a place where they were robbing Peter to pay Paul and it was scary and stressful knowing that the apple cart could tip with one bad claim. Plus, if you ever competed with Near North, they did not play fair or honestly so him having to spend 10 years by himself is good but not nearly enough for the havoc he caused.
Brother Dave was asked one time:
\”Brother Dave, what do you do when your fellow man is down?\”
Brother Dave: \”Kick him. Gives him the spirit to rise above!\”
It\’s about time our legal system set an example of those high powered insurance brokerage owners out there. I\’m sure if they searched a little further, they could find a lot more of them like Mickey out there…
It\’s about time our legal system set an example of those high powered insurance brokerage owners out there. I\’m sure if they searched a little further, they could find a lot more of them like Mickey out there…
He has repeated, time and time again, that no one lost any money. That was because the policies were never reported to the insurance companies (many were surety bonds that do not have a loss) or the returned premium was never reported to the clients. No one knew they lost any money is closer to the truth. Also what about the company paying for the personal expenses without paying taxes. That too is illegal.
If you ever worked for the man, you knew how brilliant he could be and how ruthless and merciless he could be. He treated some people terribly. He thought he was bulletproof, and above the law. He thought he knew it all and no one could tell him anything. I guess he did. He got exactly what he deserved.
If you ever worked for the man, you knew how brilliant he could be and how ruthless and merciless he could be. He treated some people terribly. He thought he was bulletproof, and above the law. He thought he knew it all and no one could tell him anything. I guess he did. He got exactly what he deserved.
it\’s generally easier to be \”brilliant\” when you have no ethics or morals. Many of these \”brilliant\” ideas are thought of by others but most of us have some semblance of treating others right.
This \”brilliant\” individual was little better than a street thug or hooker. To attribute any trace of brilliance to lying cheating and stealing really denegrates the people who play by the rules and treat others fairly.
I worked for Segal and I never met a bigger ******* for a boss. He was rude, cruel and as pretentious as they come. I was thinking about the worst experiences I ever had as an employee of someone, and working for him was one of the worst…he was a real jerk and now it looks like his karma has finally come round. I remember during staff meetings he would pick someone and just rail on them until they were almost in tears. Then the next meeting he would pick someone else…that was his form of motivation…tyranny. His daughter was a real stuck up ***** as well!
I interviewed for his personal assistant position when he was a younger man. At that time the company was growing in size and power. The interview process was long, multiple interviews in the lead-up to him. Then he kept bringing me back, he couldn’t make up his mind between me and another person. After the 3rd interview, I had a sour taste in my mouth. His energy and his focus were almost entirely on loyalty, especially in that 3rd interview. He came across paranoid, no eye contact, and everyone chalked up his bizarre personal tendencies to his ADHD. I was told he took Ritalin. My flight instincts were activated and, when they asked me back a 4th time, I declined. After I found out what happened, I knew my instinct about him was dead-on.
About 6 years ago he offered me a job but I turned it down because I didn\’t trust him…guess I was right those many years ago
Wow, that was unexpected. Usually these guys walk. It looks like Segals bad attitude cost him the farm.
It\’s good to see justice done in this case. Ten years will allow some good soul searching for this executive gone bad!
It\’s about time. I never trusted Near North
It is a damn shame. Mike Segal is no different than any other high powered executive. No client lost any money. Keep repeating that. That is lot more than I can say for the Enron/Anderson victims.
Marie, no insured lost any money because they were very lucky but a very serious potential for multiple insureds to have serious financial troubles was there. I worked in a place where they were robbing Peter to pay Paul and it was scary and stressful knowing that the apple cart could tip with one bad claim. Plus, if you ever competed with Near North, they did not play fair or honestly so him having to spend 10 years by himself is good but not nearly enough for the havoc he caused.
Hmmm…wonder if he\’s going to the male version of Camp Cupcake, or gets to be somebody\’s b*tch
Brother Dave was asked one time:
\”Brother Dave, what do you do when your fellow man is down?\”
Brother Dave: \”Kick him. Gives him the spirit to rise above!\”
One more wise guy too smart for his own britches. Perp walk number 12,000,000 and counting.
Rejoice paycheck people.
This \”setback\” will not deter our efforts at beatification.
It\’s about time our legal system set an example of those high powered insurance brokerage owners out there. I\’m sure if they searched a little further, they could find a lot more of them like Mickey out there…
It\’s about time our legal system set an example of those high powered insurance brokerage owners out there. I\’m sure if they searched a little further, they could find a lot more of them like Mickey out there…
Chicago, sounds like you found your next mayor.
He has repeated, time and time again, that no one lost any money. That was because the policies were never reported to the insurance companies (many were surety bonds that do not have a loss) or the returned premium was never reported to the clients. No one knew they lost any money is closer to the truth. Also what about the company paying for the personal expenses without paying taxes. That too is illegal.
If you ever worked for the man, you knew how brilliant he could be and how ruthless and merciless he could be. He treated some people terribly. He thought he was bulletproof, and above the law. He thought he knew it all and no one could tell him anything. I guess he did. He got exactly what he deserved.
If you ever worked for the man, you knew how brilliant he could be and how ruthless and merciless he could be. He treated some people terribly. He thought he was bulletproof, and above the law. He thought he knew it all and no one could tell him anything. I guess he did. He got exactly what he deserved.
it\’s generally easier to be \”brilliant\” when you have no ethics or morals. Many of these \”brilliant\” ideas are thought of by others but most of us have some semblance of treating others right.
This \”brilliant\” individual was little better than a street thug or hooker. To attribute any trace of brilliance to lying cheating and stealing really denegrates the people who play by the rules and treat others fairly.
I worked for Segal and I never met a bigger ******* for a boss. He was rude, cruel and as pretentious as they come. I was thinking about the worst experiences I ever had as an employee of someone, and working for him was one of the worst…he was a real jerk and now it looks like his karma has finally come round. I remember during staff meetings he would pick someone and just rail on them until they were almost in tears. Then the next meeting he would pick someone else…that was his form of motivation…tyranny. His daughter was a real stuck up ***** as well!
I interviewed for his personal assistant position when he was a younger man. At that time the company was growing in size and power. The interview process was long, multiple interviews in the lead-up to him. Then he kept bringing me back, he couldn’t make up his mind between me and another person. After the 3rd interview, I had a sour taste in my mouth. His energy and his focus were almost entirely on loyalty, especially in that 3rd interview. He came across paranoid, no eye contact, and everyone chalked up his bizarre personal tendencies to his ADHD. I was told he took Ritalin. My flight instincts were activated and, when they asked me back a 4th time, I declined. After I found out what happened, I knew my instinct about him was dead-on.