False Security: Greed and Deception in America's Multibillion-Dollar Insurance I

Description: False Security by Kenneth D. Myers Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description To most of us, insurance represents a secure investment that provides affordable, dependable protection. Author Kenneth D. Myers believes that this lucrative industry is a business going bad. In False Security, Myers chronicles the abuses of the insurance industry, exposing the inside story of bad investments, unscrupulous or naive executives, bilked clients, collapsed companies, and staggering financial losses. What emerges from this expose is an alarming picture of incompetence, greed, and corruption. Myers reveals how experienced insurance executives jeopardized their companies by trying to price-gouge the competition out of business, only to go under themselves. He looks at hostile takeovers, the extravagant use of ill-gotten profits, the many income-tax "safe havens", and the squandering of millions of dollars by executives who failed at one company after another and eventually fled the country. The result of thousands of hours of investigation and many interviews, False Security outlines never-before-reported details of greed and corruption gathered from state and federal prosecutors, industry officials, and the criminals themselves. Some of the perpetrators were also involved in the savings-and-loan scandal and today are in prison, but others are free, still pursuing questionable enterprises. Publisher Description Insurance is affordable protection for ourselves, our loved ones, and our belongings. As most people maintain some kind of insurance, it is also an extremely lucrative industry, generating billions of dollars annually. Investigative reporter Kenneth D Meyers thinks that the profits have turned the insurance industry into a bad business. In "False Security", Myers chronicles numerous untold abuses of the insurance industry - exposing the inside story of bad investments, naive executives, bilked clients, collapsed companies, and staggering financial losses. He paints a frightening picture of greed, incompetence, and corruption that rivals the savings and loan scandal in scope. Myers reveals how insurance executives jeopardised their companies by trying to price gouge the competition out of business, only to go under themselves. Myers writes of the many hostile take-overs, the extravagant use of stolen profits, the many tax safe havens, squandering millions of dollars by executives who failed at one company after another.The result of thousands of hours of investigation and many interviews, "False Security" outlines never-before-reported details of greed, and corruption gathered from state and federal prosecutors, industry officials, and the criminals themselves, some in prison and others free and now involved in other questionable enterprises, many of whom will be familiar from the savings and loan scandal. Author Biography Kenneth D. Myers (New Orleans, LA) is an investigative reporter and practicing attorney. His syndicated column "This Week in Louisiana" appears in many newspapers around that state. He has contributed to the Associated Press, United Press International, and many other newspapers and magazines. Details ISBN 0879759283 ISBN-13 9780879759285 Title False Security Author Kenneth D. Myers Format Hardcover Year 1995 Pages 288 Publisher Prometheus Books GE_Item_ID:137146998; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

Price: 30.31 USD

Location: Fairfield, Ohio

End Time: 2025-02-08T06:38:19.000Z

Shipping Cost: 0 USD