From: Ron Bellows Senior – Senior Risk Management specialist for the $280 billion criminal megalopoly of AIG-Marsh & McLennan-ACE Ltd

Sent: Monday, May 03, 2004 7:39 PM

To: BEARARMS

Cc: rest

Subject: WE [megalopoly] insure... Haliburton

 

my point the other day - that these people have been taken and treated as war combatants when there is no war - is totally against the constitution - which apparently doesn’t exist anymore

 

BUT  get this .. ..

 

I have now been given the project of trying to figure out our exposure for our overseas defense contractors we insure -

 

thing is - the policy excludes 'acts of war' ( as most do ) - BUT - includes Terrorism ??

 

so.. .If a contractor dies from an act of war - we pay the widow and the gov't is supposed to reimburse us from their war chest

 

so now - the feds are saying - "there is no war" - and we don’t get reimbursed - for all the dead, captured and "lost" contractors  ( and our loss numbers are showing lots more than the news is reporting ) 

 

so all the actuaries and underwriters are freakin out - watching their policy breach limits and bleed cash

 

so I got the order Sunday - go and figure out what KBR, Centcom and Haliberton employee exposure are and what they are doing to control their contract employees exposure ??

 

AND - this is a no win - If I pull the plug ( write a report that says its a poor risk ) my name goes to the head of KBR etc - If I say its all good - we loose money and megalopoly stomps on my tushy

 

aaagghhh

 

later boys

 

I need a drink  . . . .