Bob MacDonald on Business

Sage Advice on Insurance and Financial Services from the Perennial Maverick

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Entries Tagged as 'Financial Services'

Hartford Being Hartford – Backstabs Customers and Agents

September 6th, 2010 · No Comments · Blog, Business Ethics, Business Management, Financial Services

Hartford Management Shows They Lack  Good Sense as Much as They do Talent
In her book The March of Folly (Knopf, 1984) historian Barbara Tuchman wrote, “A phenomenon noticeable throughout history regardless of place or period is the pursuit by governments of policies contrary to their own interests.” Tuchman might well have said the same thing [...]

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Bankers and Goldfish – Run in Schools and get Tanked

May 3rd, 2010 · No Comments · Business Ethics, Business Management, Financial Services

The Legislative Race to Prevent Dumb and Dumber from Creating the  Next Financial Meltdown
Now that health care reform had passed, the most contentious issue (not to suggest that all issues are not contentious) facing the President and Congress is how to best tighten or implement new regulations for financial institutions.
The objective of the legislation is [...]

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Ernst & Young Dumbs-Down to Life Insurance Industry

January 25th, 2010 · 1 Comment · Blog, Business Ethics, Business Management, Financial Services, Insurance Marketing

Earlier this month Ernst & Young, the international accounting and consulting firm, issued a report titled, “US Life Insurance Industry Outlook.” Reading the report causes one to wonder: Are the people of E&Y really that simple-minded (and would go prove my long-held beliefs about consultants) or were they making an effort to get down to [...]

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