MetLife Pays $19 Million to Settle Spitzer Investigation

By | January 2, 2007

  • January 2, 2007 at 1:20 am
    Tom says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    It\’s amazing Elliot Spitzer is allowed to get away with extortion, much like Jesse Jackson has.
    Should the STate of New York end Mr. Spitzers contingency fee, the retirement plan he expects to receive for serving as Attorney General and now Governor? The fees he receives after leaving public service should be looked at, since he is steering his career living off the public dole.
    In all seriousness, it is amazing Spitzer never went after the Allstate, State Farm and Nationwide agents for \”Steering\” of business as captive agents. He grand-standed and went after the Independent Agents, knowing the insurance companies would cave after the New York Marsh debacle. The majority of us agents never ever think about or did \”steering\”, \”bid rigging\” or \”price fixing\”. Yet we now must pay the price because an ambitious overzealous beaucrat needed to make a name for himself.

  • January 5, 2007 at 12:48 pm
    Bob H says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Right On !!!! He certainly did nothing for the consumer—only cut agents income—the companies will NOT change their compensation–only add to their PROFIT!!!! If it could be found, there would probably be payoffs either thru campaign funds or other manners to the Attorneys General or other bureaucrats involved by the Large insurance companies involved. They were in a real hurry to make these settlement payments!!! Only the consumers and agents suffer because of the Spitzer look a likes actions!!!!!!



Add a Comment

Your email address will not be published. Required fields are marked *

*