Subject: Risk Assessment
Summary:
While sum [sic] may
suggest that I should simply worry about the world's problems and let the Del Mar City Council do as they see
fit it would mean given the fact that we have come up with a solution for
solving all the problems of the world to make a whole lot of sense, agree?
But then that would have me playing the role of an
To repeat, in
a nutshell, I detest those who derive great satisfaction in exceeding the
limits of their small authority, i.e. evil does not come in the form of a
pointed tail
Or
Pitched fork.
Quite the decision at the 1999 Business
Weak [sic] Chief Financial
Officer [CFO] Conference in Phoenix, Arizona by SCAL [Shareholder Class Action
Litigator] Bill
Lerach Esq. to go
public with something those of us in the risk assessment
business have known a lifetime about the magnitude of corruption in the
corporate world,
Astonishingly, 67% of the Chief Executive Officers
[CEO] of
Resignation stage grabbing like me as much as they can
out of the insurance
carriers who play quite the game with keeping their combined ratios in the 100% range - by shifting reserves to
offset income - playing the spread between in-coming premiums and out-going
loss payouts - to effect the greatest tax benefit - until that is - the market
turns with investment income out the window - big players like Reliance -
Atlantic Mutual Royal - Kemper etc getting caught with their pants down
incapable of writing enough premium to offset the wave of losses burgeoning in
areas like medical malpractice, Workers compensation,
malicious bedroom fraud, Directors
and Offices [D&O] Liability, Asbestos and Pollution which they never truly
contemplated for in their rates or policy wording, agree?
Furthermore, as a result of conditions here in the
United States many of them went barreling overseas to capture the Euro-market
just as the social systems there - which were previously offsetting the type of
litigious liabilities we have here - were collapsing - causing loss ratios to
escalate over 150% for previously profitable business like EL [Employees
Liability] in places like the United Kingdom [check with Zena Rosland Ash Gevisser Zulman 011-44-1-984-6-24088], the Netherlands
never to forget the Baltic States - which had traditionally been free money -
and the greedy s o b's got burned big
time,
agree?
And of course 911 may not have helped the top three
re-insurers who got initially hurt, taxpayer bailouts up the kazoo followed by
the consolidation in the marketplace well illustrated in the combined ratios hyperlink helped up their rates
taking a big chunk of premium out of the front line insurers - while the
alternative market - off-shore captives etc - got a boost from the new
Republican administration allowing them, thank G-D, more flexibility in
holding premiums - investment income and loss reserves off shore with reduced
tax liability - so more premium left the main stream insurers named above,
agree?
Naturally this is all just my opinion, quite
difficult to prove in a court of law how underwater the United States of
America would be at this time were it not for the incredible delicate touch of
our GREAT GREAT President the most honorable George W. Bush, agree?
But I bet Warren Buffet an advisor Californias
Governor, a Kennedy clan insider, could with far more lucidity than a guy like
me with a gorilla
hairdo, agree?
But like me Warren BO Buffet is well equipped to
talk out of both sides of his mouth, hampered somewhat these days by The Rattlesnake my using the likes of Mr. JRK of Finkelstein &
Krinsk to do my bidding while Body Odor Buffet chooses to only talk
to equally dumb audiences courtesy of our media puppets such as Michael Kinsman, Robert Lenzner, Christopher Byron
et al [sic]
So in many ways Lerachs, shot
across the bow some 5 odd years ago to the CEOs of public
corporations was momentous at least to me a, risk assessment
specialist, as Daren
Krok who I have also never met calling me 3 times yesterday, first
questioning my mashuganah
[crazy] behavior towards his family, I am told rather well expressed in my
broadcasted missive to my landlord, Jeff
Simple
Smith later in the day to mention little of the E-mail to a
Lerachs primarily target audience, however, is the
insurance carriers who not only have the means to move cash in ways that would
make someone like TUs head spin
in so many directions the carriers as well as TU so already overwhelmed that it
makes sense for both the CEOs as well as the top dogs at the insurance carriers
accountable pretty much only to themselves and the politicians who see the writing on the wall
granting them tax loopholes ad-infinitum to sign up to this rather ingenious green
mail approach i.e. pay me now however u choose, cash is king, just
ask our buddy
Wait for the lawsuits to start flying out of control
having your D&O reserving requirements push your combined ratios
into the stratosphere, not that funny to c so many implode and why my buddy
Bill Lerach Esq.
had to be so incredibly convincing choosing ever so carefully a word like astonishingly
to express his horror,
agree?
Responses such as
Perhaps the colorful masses not willing to put up
with the slowness of even the fast track
justice system so overburdened by the distracting chess games of the
ruling elite, agree?
Such rather devious tactics of the likes of highly
sophisticated 1,000 pound gorillas such as Bill Lerach Esq. who at that annual Business Week
get together of some 100 CFOs made the most of the dummying of not only
Americans but the entire world by the bought and paid 4 [sic] media
leading to how it comes to pass that the Del Mar City Council in their infinite
wisdom representing some of the most sophisticated worldly investors I know of
other than my extraordinary mother Zena Rosland Ash Gevisser Zulman and my not altogether idiot of
an uncle David Gevisser thought they could get away with railroading thru a property
transfer
tax without any consideration whatsoever given to the critical area of
risk assessment, agree?
To mention little of uncle David, the executor of
the estate of Charles Englehard and his piddly $6 million initial down payment in
the early 1970s while the media promoted Mrs. Took Over
Englehard as now running the business of the wealthiest individual on the
planet who died possibly of an addiction to Coca Cola not exactly lost on me so
well home
schooled by Zena Gevisser playing her hand as the media
had a field day with newspaper headlines such as Zena flies to Jackie,
my rather tight lipped mother making off like a band-id [sic] after spending a week
with Jackie O in Greece when the former first lady of the United States and Aristotle
Onassis were married which is not to suggest that my mother had anything to do
with Aristotle Onassis agreeing to Jacqueline Kennedy
keeping his not exactly good name on her tombstone located next to John Kennedy
in Arlington Cemetery, agree?
Not a single word, apparently, was spoken by either
woman who on one occasion were in the same room during a rather intimate
gathering to mention in passing as a number of people I know pass gas
uncontrollably of Mr. Onassis while soon after the matrimony ceremonies dispensed
with Jackie O for reasons mater
feels r not worth repeating, agree?
Mr. Onassis friends seeing fit, however, blaming
his lunacy in marrying Jackie Kennedy, providing protection as well as a measly
$1 million in trust for each of her children while in love with Maria
Callas on the unfortunate death of his son in a plane crash, to be ever so
trusting of my extraordinary mother who equipped me from the earliest of age to
most of all stand up for your rights, agree?
What goes around comes around but with a vengeance,
never to forget Maurice Templeton the stooge of the South African Oppenheimer
family filling up the coffers of the kids of President John and Jacqueline
Kennedy so that in the event they were to recall events they would remain mute,
to mention little of John and Jacqueline
Kennedy being rather intimate with Charles Engelhard the rather
significant American partner in The Diamond
Invention, agree?
So when exactly will the Del Mar City Council also
call for our citizens to rethink either removing the white cross of Robert F.
Kennedy the former Attorney General of the United States that stands so
prominently in our most cherished military cemetery in Arlington,
Simply call for demolishing the wall behind that has
words engraved suggesting this sell out of sell outs
stood soldier
to shoulder [sic] with the
downtrodden Black peoples of South Africa as the likes of J. Edgar Hoover the head of FBI cashed in their
chips, the Kennedy clan so indebted to special interests as the Black peoples of
South Africa had to grin and bear while keeping The
Diamond Invention not only alive and very profitable but in their shame for
having been conned all this time the weight of the large monkey on their backs
increasing with time, time slowing down as those in touch with the heartbeat of
the universe speed things up a little, agree?
Thanks to the Digital Age, a G-D-Send, the next
generation of Blacks within moments in the space of time, time only relative to
mankind, so incredibly unkind to Mother Earth, G-D-Nature, of going thru a reversal, Manager Minute One being
spread throughout the planet at light speed leaving the next generation of
blacks, whites, pinks, reds, yellows, blues, indigoes, etcetera
etcetera not so accommodating to Lilly White
Wheaty Eaters and their stooges who have a habit of turning a blind eye
to evil when it affects the lining of their
pocket books, agree?
The content of a human beings character when combined
with the colorful array of peoples congregating all over the world sick to
death of religious leaders so in bed with stinky politicians to mention little
of how the accumulation of all different colored monies from all over the
world, so threatening to the ruling elite, agree?
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