The additional services brokers were providing haven't changed, but the compensation they're getting has been reduced.
More Quotes from Donald Light:
The question going forward is do you trade directors with 100 percent purity but facing a steep learning curve with those that are competent and seasoned board members I would say until proven guilty, you keep working with those you have.Donald Light
Auditors are in a grey area and they are more replaceable,
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From the viewpoint of mass tort law firms, this is a gift from heaven a huge number of people who have suffered terrible losses, with 24X7 media exposure,
Donald Light
A number of companies are going to be looking at continuing a presence there with real reluctance. State governments are going to have to figure out incentives and guarantees to minimize departures.
Donald Light
It's a big amount of money even for a huge company like AIG to have to pay out.
Donald Light
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Even now, when I'm asked how I'm doing, I like to reply, 'Pretty good. I've got all my fingers and both eyes.
Charley Pride