A new culture is starting to form in Liberty Mutual. It’s a culture that may actually reboot the company but would require getting rid of the horrible management hired over the past few years. Centralizing power fosters immoral behavior and Liberty Mutual is the poster child of a company who’s corporate culture has run amuck. Wake up employees! Overthrow your immoral managers and manage yourselves. If you don’t you will not survive. Here is your wakeup call:

General Strike! May 1st 2012

Over the years we have heard back from 1000′s of Liberty Mutual policyholders and have successfully established a pattern. Liberty Mutual, as with every insurance company, will take your money and you will never see it again. You will be given a false sense of security, you will hear stories of responsibility, once in a while a claim will actually be paid…  but we have successfully proven Liberty Mutual is one of the most corrupt companies on the planet.

As the Class Action lawsuit gets bogged down in red tape, we encourage everyone to join up with your local Occupy Movement. We are no longer standing up for the atrocities of companies like Liberty Mutual. We are tearing down the whole system.

Employees of Liberty Mutual, you will be held accountable as accessories to crimes against humanity. Stop denying claims. Start honoring your claims in Good Faith. After May 1st you can no longer hide behind your leaders, the corporate criminals who order you to “Cut Costs”, and then claim you were just following orders. You will be treated as war criminals.

This blogging community will no longer stand behind any Liberty Mutual employee. If you deny a claim in bad faith we will protest in front of your workplaces. The worldwide struggle will be bought to your doorstep. Think hard before denying a claim that was made in good faith.

A General Strike has been Called!

For those of you who have have claims denied… pursue justice! Take to the Streets! Take down these corporations that refuse to act in good faith. Our stand is now being taken. The war has just begun. Find your local Occupy Movement and join in the General Strike! General Strikes have been called in every major city. Find your closest one and support them.

This is a Worldwide Struggle and we are tearing down the system. Liberty Mutual no longer belongs on this planet.

Our seven month plan is based on a simple premise: When criminal laws are egregiously violated, the guilty parties should face appropriate punishment. Liberty Mutual is a target. Here’s the plan:

Month One: Read all 50 states Attorney General reports regarding corporate fraud in the insurance industry, public records of past insurance fraud committed by insurance companies and review all insurance department complaints from across the nation.

Month Two: Meet with the Insurance Department Fraud Divisions of all 50 states. Specifically obtain the names of all the Liberty Mutual Officers involved in fraud alleged by each individual state, obtain lawyers and notaries names whose behavior, as cited in the Insurance Department reports or otherwise known to the investigators, represent clear and unquestionable criminal violations. Add to this list other individuals who have similarly demonstrated or testified to behavior unquestionably constituting criminal acts, as indicated by the public records of these insurance department cases reviewed in month one.

Month Three: Indict all of the individuals on the list compiled on Month two.

Month Four: Indict banks and financial institutions who conspired with Liberty Mutual on criminal charges where criminal behavior by employees (as demonstrated by month three indictments) appears to be endemic. The Justice Department guidelines for prosecuting firms include: (1) the pervasiveness of such activity, (2) the compliance procedures in place, (3) attempts by the corporation to end bad behavior, and (4) cooperation with federal investigators. In 2008, the Justice Department adopted a policy of accepting “deferred prosecutions,” involving agreements to change corporate behavior without damaging innocent third parties through prosecution.

Corporations receive the benefits of “legal persons,” as demonstrated by Citizens United. But they must also bear the responsibilities of these privileges. A reading of these insurance department reports, and other public records, suggests several banks along with Liberty Mutual should clearly be prosecuted.

Month 5: Discuss plea bargains with indicted lower-level officials in return for cooperating in investigations of higher-level officials.

Month 6: Consider plea bargains with indicted Insurance Companies, which require the removal of all remaining officers and directors who were serving when egregious criminal activity occurred, as well as senior officials who were in a position to exercise appropriate supervisory responsibility but chose to look the other way.

Month 7: Indict any senior Liberty Mutual officials implicated by new cooperative testimony resulting from activities on day five. Adopt and announce a policy that future criminal violations will be prosecuted in a similar fashion.

What is particularly disturbing is that a look at the evidence already in the public domain (much less what investigators already know) shows that none of the actions discussed above are entirely absurd. The purpose of prosecution not simply punishment. It acts to deter further illegal activity and to restore public confidence in our system of governance. The nation desperately needs both of these benefits today.

Moreover, these ongoing, almost certainly criminal activities are ultimately dangerous threats to our economy, the success of capitalism, and our democracy. In his column on MF Global, Joe Nocera noted that “customers need to be able to trust” the laws protecting their money. “Otherwise, the markets can’t function.”

Today, as in the era of FDR, we must send a message to the financial community that illegal behavior will not be tolerated. By prosecuting blatant felonies now, we will deter future misbehavior and begin the process of recreating a fair society where equal justice prevails.

Many of us here who Left Liberty Mutual warned the public that the new managers coming on board had psychopathic tendencies. Now that we have many new readers and followers we will issue the warning again:

It took a relatively obscure former British academic to propagate a theory of the financial crisis that would confirm what many people suspected all along: The “corporate psychopaths” at the helm of our financial institutions are to blame.

Clive R. Boddy, most recently a professor at the Nottingham Business School at Nottingham Trent University, says psychopaths are the 1 percent of “people who, perhaps due to physical factors to do with abnormal brain connectivity and chemistry” lack a “conscience, have few emotions and display an inability to have any feelings, sympathy or empathy for other people.”

As a result, Boddy argues in a recent issue of the Journal of Business Ethics, such people are “extraordinarily cold, much more calculating and ruthless towards others than most people are and therefore a menace to the companies they work for and to society.”

How do people with such obvious personality flaws make it to the top of seemingly successful corporations? Boddy says psychopaths take advantage of the “relative chaotic nature of the modern corporation,” including “rapid change, constant renewal” and high turnover of “key personnel.” Such circumstances allow them to ascend through a combination of “charm” and “charisma,” which makes “their behaviour invisible” and “makes them appear normal and even to be ideal leaders.”

Stable Environment

Until the last third of the 20th century, he writes, companies were mostly stable and slow to change. Lifetime employment was a reasonable expectation and people rose through the ranks.

This stable environment meant corporate psychopaths “would be noticeable and identifiable as undesirable managers because of their selfish egotistical personalities and other ethical defects.”

For Wall Street — a rapidly changing and highly dynamic corporate environment if there ever was one, especially when the firms transformed themselves from private partnerships into public companies with quarterly reporting requirements — the trouble started when these charmers made their way to corner offices of important financial institutions.

Then, according to Boddy’s “Corporate Psychopaths Theory of the Global Financial Crisis,” these men were “able to influence the moral climate of the whole organization” to wield “considerable power.”

They “largely caused the crisis” because their “single- minded pursuit of their own self-enrichment and self- aggrandizement to the exclusion of all other considerations has led to an abandonment of the old-fashioned concept of noblesse oblige, equality, fairness, or of any real notion of corporate social responsibility.”

Boddy doesn’t name names, but the type of personality he describes is recognizable to all from the financial crisis.

He says the unnamed “they” seem “to be unaffected” by the corporate collapses they cause. These psychopaths “present themselves as glibly unbothered by the chaos around them, unconcerned about those who have lost their jobs, savings and investments, and as lacking any regrets about what they have done. They cheerfully lie about their involvement in events, are very convincing in blaming others for what has happened and have no doubts about their own worth and value. They are happy to walk away from the economic disaster that they have managed to bring about, with huge payoffs and with new roles advising governments how to prevent such economic disasters.”

‘Reasoning Aptitudes’

In closing his short essay, Boddy recognizes that the theory is relatively untested and would benefit from “further development and research” into the “personalities and moral reasoning aptitudes of the leaders” of the companies that got into serious trouble in the financial crisis.

In an e-mail correspondence with me, he said his article has been warmly received and has been downloaded 9,440 times in the past 90 days. “Apparently this is a lot for an academic article and it is more than the next four most-downloaded papers combined,” he wrote.

He also has a prescription for how to prevent psychopaths from getting into positions of power on Wall Street and elsewhere.

“Anyone who makes decisions that affect significant numbers of other people, concerning issues of corporate social responsibility or toxic waste, for example, or concerning mass financial markets or mass employment, should be screened to make sure that they are, at the very least, not psychopaths and at most are actually people who care about others,” he wrote.

Makes sense to me.

(William D. Cohan, a former investment banker and the author of “Money and Power: How Goldman Sachs Came to Rule the World,” is a Bloomberg View columnist. The opinions expressed are his own.)

To contact the writer of this article: William D. Cohan at wdcohan@yahoo.com.

To contact the editor responsible for this article: Tobin Harshaw at tharshaw@bloomberg.net.

http://www.bloomberg.com/news/2012-01-03/did-psychopaths-take-over-wall-street-asylum-commentary-by-william-cohan.html

Liberty Mutual is a Tentacle of Goldman Sachs. Your efforts to defraud the public will be exposed. Thank you for playing. Enjoy 2012. We will:

If you have been a victim of this fraudulent company of this most recent scheme contact your local Attorney General. Liberty Mutual does this because they have a cash flow problem. A most serious one too!

When you’re in an accident, the insurance company has a lot of leeway in the repair process, even approving the body shop doing the repair work. But in West Virginia, insurance companies must meet one hard and fast rule – they aren’t allowed to mandate used or refurbished parts for the repair.

West Virginia Attorney General Darrell McGraw has sued Liberty Mutual Insurance Company and a West Virginia repair shop – Greg Chandler’s Frame & Body, LLC – for repairing vehicles with junkyard parts in violation of state law.

The suit lists what it says were repeated violations of the West Virginia Consumer Credit and Protection Act by Liberty Mutual and Greg’s Body Shop. McGraw’s office alleges that Liberty Mutual required body shops to repair vehicles with reconditioned, re-manufactured, and used parts in violation of West Virginia law. In addition, he said Liberty Mutual failed to provide the proper notices and written statements to consumers.

In West Virginia, it is unlawful for an insurance company to require the use of salvaged, used, or reconditioned OEM crash parts when negotiating repairs of motor vehicles within three years of manufacture, without acquiring the motor vehicle owner’s consent.

Complaints about junkyard parts

The attorney general began investigating Liberty Mutual and Greg’s Body Shop after receiving evidence that new vehicles were being repaired with junkyard parts. The investigation by McGraw’s Consumer Protection Division confirmed that Liberty Mutual employed a policy that violated state law.

McGraw’s lawsuit asks the court to enjoin the defendants from engaging in this unlawful activity in the future, seeks restitution for consumers whose cars were illegally repaired with junkyard crash parts, and asks for civil penalties.

“My office will always work to insure that West Virginians receive safe, high quality, competent, and lawful repairs to their vehicles,” McGraw said. “Implementing policies that thwart state law in an effort to increase profits is unacceptable.”

Consumers who think they have been a victim of this policy should contact Attorney General Darrell McGraw’s consumer protection hotline at 1-800-368-8808.

For consumers in states other than West Virginia, it might be prudent to call your state insurance commissioner’s office when your car is being repaired by an insurance company. Ask what the law states about the use of used, or after-market parts and make sure the insurance company is complying with the law.

The full story is here at ConsumerAffairs.com.

This company has been marked…

I know we said we would not have a lot of time to blog about our corrupt, practically bankrupt, so called insurance company called Liberty Mutual but we just had to do our duty and warn the public about the ongoing further shenanigans:

Liberty Mutual and Goldman Sachs are in the top 5 in terms of dollar amounts contributed to Sen. Scott Brown’s Senate campaign. Why? Because Elizabeth Warren, a champion of the people and someone who is going to hold these companies accountable for destroying the economy is running against him. That’s why. While Liberty Mutual is laying off thousands and aggressively denying it’s policyholders access to the benefits they paid for, they take all that stolen money and pay off politicians.

You did cancel that Liberty Mutual policy, Right?

You must cancel your policies. Your premiums are going right into the pockets of crooked politicians in the pockets of some of the most crooked financial institutions on the planet.

There is no way Scott Brown can cast an unbiased vote against Wall Street or Liberty Mutual.  There is no way Scott Brown can effectively address Insurance reform.  Scott Brown, Liberty Mutual and all their shenanigans have gotta go.

Vote them down, vote them out, cancel your policies. Read the entire article here at: Deadly Clear - Derivatives are financial weapons of mass destruction.

People before Profit! Goodbye Liberty Mutual. We’re about to cure Corporate Cancer…

Is it your fault Liberty Mutual Management are such dopes? Drop them!