sandy...don't feel sorry for me. I got out in 2 stages and actually made a little money. I am embarrassed to say what my return was but lets just say it was dead money but has now been put back to work. PNX had been good to me in the early years and now sadly is running off with no buyer in sight. Good luck to all.
You are out of touch if you think the BoD is independent at PNX. I have never seen such a disrespect for shareholders as I have seen with this group of crooks. The compensation committee continues to give the leadership of this company raise after raise for doing what!? Not much of anything. Today, I will finally separate myself from this loser and walk away. I have been a shareholder since they went public and it has been nothing but a downward spiral. Bob and Dona did a number on this company and current management has nothing but eaten this company up to stay afloat. I wish you the best of luck, if you are in.