They Just Don't Care - Do They
and they don’t see how we could
From 2001-2004, Jackie Clegg Dodd served as an “outside” director of IPC Holdings, Ltd., a Bermuda-based company controlled by AIG. IPC, which provides property casualty catastrophe insurance coverage, was formed in 1993 and currently has a market cap of $1.4 billion and trades on the NASDAQ under the ticker symbol IPCR.
...Clegg was compensated for her duties to the company, which was managed by a subsidiary of AIG. In 2003, according to a proxy statement, Clegg received $12,000 per year and an additional $1,000 for each Directors’ and committee meeting she attended.
Dodd’s public financial disclosure reports [PDF] also indicate he was in Davos for the World Economic Forum where the coming crash [yes - this one right now] was the main topic. I guess he was out shopping for flugel horns during that meeting…
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