Only thing "Legendary" about KFS is how badly it has been managed -hedgies who run this gave big loser Lincoln to charities(Thanks alot!!!), management has succeeded in running every subsidiary they own into the ground(all the while making nice salaries!), claims practices under scrutiny from numerous states, losses piling up to shocking levels. Why aren't DOI's shutting this down?
Funny you mention that they are ruining their subsidiaries. You couldn't be more dead on accurate!
One of their supposed better subsidiaries, Northeast Alliance, once a fairly prosperous money maker (former Robert Plan), was doing fairly well. Then they thought it would be a good idea to make one of their Lincoln General executives the President of this company... the rest is history. Look how well he did at Lincoln! Now they too are quickly on their way to the bottom of the ocean with the rest of Kingsway.