The Frustrated CFO's Preface: This is what happens when you watch the Olympiad on the network television - all of a sudden you are exposed to the commercials. I don't regret it, though.
I don't know who put together this Nationwide Insurance's message, but they definitely hit the right spot with me: we are not a public company, there are no shareholders, hence we are not pressed to put stock prices above our customers' interests. Absence of the stock market pressure equals quality. I couldn't agree more.
For those, who are interested, Nationwide is one of the few remaining multi-billion insurance conglomerates operating as a mutual organization. Simply put, it means that their funds come exclusively from the premiums paid by their customers.
