2023 0415 - Always Marco - WFG Is In Trouble
- 10-28 - Core
- 10:30 -
- 13 - Marco: Can't do MLM, have to do it the normal way
- 14 - only focus on recruiting , not financial products and services
- [Bonk: Connect:
- 1993 0525 - GOV (Senate) - When Will Policyholders Be Given The Truth About Life Insurance?, Howard Metzenbaum (D-OH) --- [BonkNote]
- Jerry Keating, Agent - John Hancock
- (p18) - The home office people who came to the Sioux City, lA, office said: Don't try to become a Ph.D. in variable life insurance; just learn enough to sell it and go.
- This is what they told the whole office, and this was how I trained any new men that I hired:
- Just sell it; do not worry about it.
- Just before I got sick in 1990, the company seemed to change.
- They started telling us about the risks.
- This statement is only the tip of the problem.
- There are hundred and hundreds more.
- And, Senator Metzenbaum, I would like to tell you, sir, if you do not get the Government to do something about this, you haven't seen nothing yet.
- 1994 - SOA - Problems and Solutions for Product Illustrations, Society of Actuaries - 28p
- Robert E. Wilcox, Utah Insurance Commissioner and Chairman of the Life Disclosure Working Group (NAIC)
- Second, it was observed that ..... there is virtually no accountability for any of the participants in the sale ..not for the company, not for the agent, and interestingly, the white paper discussed accountability on the part of the purchaser as well.
- 15 - Agent Retention
- 16 - Agent Training -
- 17 - Company oversight of Agents
- [Bonk: Connect:
- Bob Wright (Virginia) said the Society of Actuaries report referred to the fact that companies said they had no control over what agents did. - 1994-4, NAIC Proceedings
- ⇒ 1991-1992 - SOA - Final Report* of the Task Force for Research on Life Insurance Sales Illustrations, Society of Actuaries --- [BonkNote] --- 142p
- Agent Retention
- php, wfg, greatway financial
- 21 - College Students -
- 21 -WFG - 50% Universal Life,
- Multi-Level Misery - Phillip Setter = Legitimate Insurance Advisors - IUL - presented as an investment vehicle, BTID - Primerica, Permanent Life,
- 40 - WFG - Document - Recognition and Rewards
- 49 - Rings - selling policies - 1 policy per month --
- 01:04:00 - Rings -
- [Bonk: Connect: Elizabeth Warren - GOV - Annuities -
- 01:11:00 - Building Fortunes Radio
- 01:27:00 - Marco: Goons do your thing
- 01 - Marco: Goons do your thing - Wife's name
- 60s, 1970s Dexter Yager, William Britt - Sean Munger - History of Tools Scam -Marco Stupidity, cocaine dealer
- 02:39:00 - Is this you Scott Johnson - Pictures
- 02:39:00 - Scott Johnson - just can't listen to Marco - Sometimes it hurts
- 02:42:00 - Reason Why they focus on Marco
- Primerica - Cease and Desist - Primerica has actual damages from things people like Marco do
- 01 - Tools Scam - people who started this - late