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Message Boards Settings Presidential Life Corp (PLFE) - Quote Info
Barrons Article on PLFE     16-Oct-09 06:18 am    
Trouble is brewing. The 100-year-old chairman of PLFE is attempting to remove the majority of directors and replace them with his own hand-picked successors.

This is another case of a geezer who refuses to cede power and control. If the company had performed well in recent years, the old coot might have a legitimate managerial claim on his position. But things have gone poorly in recent years.
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no_slappz

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Barrons Article on PLFE
no_slappz (2 Ratings) 16-Oct-09 06:18 am  
 
Is he your younger brother?
agatesystem... Rate it 7-Dec-09 12:58 am  
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Presidential Life Corp. (PLFE)

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At 1:22PM ET: 10.20 Down 0.22 (2.11%)
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