22 ordspråk av Donald Light

Donald Light

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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.

The market is impressed that Liddy is taking decisive action.

Unless prosecutors win the cooperation-through whatever means of the people below Buffett and Greenberg, it is unlikely that their reach will extend to them.

Whenever you remove uncertainty, it's a good thing. On the downside, they will still have to deal with private shareholders' suits.

It was their swan song, and it was a good one.

The big legal question mark over the company has been resolved. But there are a number of private law suits still out there.

They are taking a hit now with the expectation of this settlement on market timing.

It's a big amount of money even for a huge company like AIG to have to pay out.

Insurance companies need to take a close look at CAT modeling and geographic exposure. Although insurance companies have come a long way since 9-11, they still need to visit and revisit once again how they are using CAT modeling.

They have had more success than other foreign insurers, because of their history. To win in that market depends on being able to win the regulator game. A high-level government official is going to help.

The public sector is by far the largest investor globally in basic research to discover important new drugs and vaccines.

They have been doing more careful underwriting.

If you can fund a deferred compensation program for senior executives using a pool of assets that's in effect found money, you're much better off.

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.

Auditors are in a grey area and they are more replaceable,

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