The World's Lamest Business Plan
This is just a quick little post, on a relatively minor topic, but it was so bizarre I figured I would post it. From the 54:15 mark:
President Bush’s brother, Marvin, was Board of Directors at Securacom from 1993 until fiscal year 2000. Securacom, now known as Stratesec, is an electronic security company which provided security for United Airlines, Dulles International Airport, and from the early 1990s up to the day of 9-11, the World Trade Center. Marvin is also former director at HCC Insurance Holdings, which insured parts of the World Trade Center on 9-11.
Is he really suggesting that the insurance company is connected to the destruction of the WTC? OK, I may only be finishing my first year of business school, but would someone please explain to me the profit in an insurance company destroying the property it insures!