Fireman's Fund employees blame company for investments with jai...

Shame on fireman's fund, they used to have a great reputation.
I hope justice is served.
Shame.

So much for my comments on the 'Dog Park' contributions....now I feel very foolish, and I'm thinking of a suit too! Wow....

Very sad to think what they did to their own employees, probably did even worse things to their customers.

A good start would be to picket in front of the CEO's home ... make him "uncomfortable".

Hey people... where is the presumption of innocence? Don't throw the baby out with the bath water!!!

This market has hurt a lot of people. Why would these people be any different?

Fireman's Fund didn't hold a gun to these people's head to invest. When you invest it is an assumed risk no different than placing a bet on a horse at the race track.

These people are pissed at their poor investment choices. I bet too they are all liberals hence they are jumping on the band wagon to get bailed out.

My employer brought in a reputable investment company which I signed up for. My investments have dropped 30%. Should I sue too? I blame my investment advisers for not sharing information they had.

No jury even in Marin will side for the employees.

I agree wrote:

I bet too they are all liberals hence they are jumping on the band wagon to get bailed out.

How presumptuous of you to include this in your comment.

This is not a verdict. Definitely newsworthy but not judgment worthy. Wait for the facts folks.

So these people lost money in the market.....big deal.....welcome to the party. The best advice I ever received: don't listen to any "experts"....if they knew what they were doing, they wouldn't be working.

I agree wrote:

Fireman's Fund didn't hold a gun to these people's head to invest. When you invest it is an assumed risk no different than placing a bet on a horse at the race track.
These people are **** at their poor investment choices. I bet too they are all liberals hence they are jumping on the band wagon to get bailed out.
My employer brought in a reputable investment company which I signed up for. My investments have dropped 30%. Should I sue too? I blame my investment advisers for not sharing information they had.
No jury even in Marin will side for the employees.

...exactly!! My company only offers 401K investments via T Rowe Price....my E-trade account has outperformed "experts" portfolios....these lawsuits need to stop....it costs all of us money in the end

It's too bad what has happened at Fireman's Fund, formerly one of the premier employers, now reduced to just another financial services sweatshop that outsources itself to death. The parent Allianz has a reputation for creating, then burying, its problems among its several financial services holdings. Apparently a lot is buried up on San Marin Drive. And their people know nutting!

(Death and Taxes? I Agree) your investment companies are not sitting in jail now are they? And it is a 100% loss for the workers not 30% like you.

All you need to ask is why is Fireman's Fund working with criminals who are in jail after running a ponzi scheme?

Isnt that parent company the same that wouldnt pay off policies held by Jews during WW2?

Hey, this isn't investment risk. This is stolen money. I guess conservatives sit back and take it when their money gets stolen. Oh, wait. They're the ones always out for building more jails.

KooKoo wrote:

(Death and Taxes? I Agree) your investment companies are not sitting in jail now are they? And it is a 100% loss for the workers not 30% like you.
All you need to ask is why is Fireman's Fund working with criminals who are in jail after running a ponzi scheme?

...If you put money into someone else's hands, or take bad advice, you get what you deserve. When are people going to take responsibility for their own actions?....not until we stop allowing bs lawsuits to clog the court system

stan dupp wrote:

Hey, this isn't investment risk. This is stolen money. I guess conservatives sit back and take it when their money gets stolen. Oh, wait. They're the ones always out for building more jails.

....and you Liberals are left crying when the same thugs break into your home over and over

Death N Taxes wrote:

<quoted text>...If you put money into someone else's hands, or take bad advice, you get what you deserve. When are people going to take responsibility for their own actions?....not until we stop allowing bs lawsuits to clog the court system

Death and Taxes,
Sorry to disagree with you. So basically what you are
saying then is that if you go to a machanic to get your automobile repaired and they f-you over you are not going to get a bit upset?And further more they should not be held accountable? Bull shit.

Death N Taxes wrote:

<quoted text>...If you put money into someone else's hands, or take bad advice, you get what you deserve. When are people going to take responsibility for their own actions?....not until we stop allowing bs lawsuits to clog the court system

On second
thought, how many people have you ripped off lately?

BGHOZ wrote:

<quoted text>On second
thought, how many people have you ripped off lately?

....None...I'm not in that kind of business. I do know that financial advice should be researched....just b/c someone says they're an "expert" doesn't mean you should go "all-in" with the advice they gave. Try reading Business Week...there's a writer on the last couple pages of each issue that says "buy this, buy that"...if you follow his advice, you'd be up s hit creek. Take responsibility for your own actions, and stop trying to blame others for your own stupidity. Period.

BGHOZ wrote:

<quoted text>Death and Taxes,
Sorry to disagree with you. So basically what you are
saying then is that if you go to a machanic to get your automobile repaired and they f-you over you are not going to get a bit upset?And further more they should not be held accountable? Bull ****.

...if the financial markets are too difficult to comprehend, then people should just buy T-bills, or if they feel a bit more risky, go to morningstar.com and find some mutual funds that are 4* rated....never buy a 5*