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Kingsway Financial Services Inc. Message Board

  • risk_11 risk_11 Nov 17, 2009 6:13 AM Flag

    Relations with Regulators

    Interesting Quote made by the Company's President & CEO taken from the recent Q3 conference call....the talk doesn't seem to be consistent with the recent regulatory actions:

    "On last quarter's call, I provided an update on the considerable process we made in executing the transformation plan we announced in February of this year. I outlined what we were doing on all four fronts. All of which I'll touch on again this morning. The four were, restoring financial stability, managing the run-off of Lincoln, strengthening relationships with regulators and rating agencies, being sure we have the right people in the right role."

5.651+0.001(+0.02%)Mar 27 1:59 PMEDT