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	<title>Comments on: Excerpts from B.J. Thomas testimony directly related to Colemans and Hays Companies</title>
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		<title>By: Sunday afternoon pipe cleaning : Today Topics</title>
		<link>http://minnesotaindependent.com/30404/excerpts-thomas-coleman-kazeminy-hays-deep-marine/comment-page-1#comment-59183</link>
		<dc:creator>Sunday afternoon pipe cleaning : Today Topics</dc:creator>
		<pubDate>Fri, 28 May 2010 17:35:14 +0000</pubDate>
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		<description>[...] Transcript of the relevant portions of the BJ deposition [...]</description>
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		<title>By: Larry Bradley</title>
		<link>http://minnesotaindependent.com/30404/excerpts-thomas-coleman-kazeminy-hays-deep-marine/comment-page-1#comment-28130</link>
		<dc:creator>Larry Bradley</dc:creator>
		<pubDate>Fri, 03 Apr 2009 08:02:16 +0000</pubDate>
		<guid isPermaLink="false">http://minnesotaindependent.com/?p=30404#comment-28130</guid>
		<description>It is not unusual to have an insurance consultant acting as a sort of &quot;super broker&quot; overseeing or picking the actual broker(s), or acting in a capacity to ensure the selected broker(s) are bringing the best deals to the table. As far as I know, it is not illegal to use someone you know as the consultant. The larger questions are (a) was the amount of the consulting fee appropriate for the type and volume of consuting services provided, (b) was the consulting fee disproportionate for the amount of coverage carried by DMT, (c) how much consulting did Hays actually do, and with whom? Kazeminy? Ellingboe? Erickson? and (d) why were both Thomas and and McKim later ousted from the company McKim founded?

Thomas&#039;s testimony revealed three interesting facts: first, that neither he or McKim, with their somewhat limited business experience, had a thorough grasp of the risk management process; second, that McKim was afraid of Kazeminy; third, that McKim&#039;s integrity was suddenly energized by the loss or impending loss of his control of DMT.

I believe it was that same year, 2007, that DMT lost a $1 million law suit to a rival company over theft of intellectual property. And Kazeminy had more business acumen and success in his pinkie finger than McKim could ever dream of having. Who are you going to believe?  

The &quot;little guys&quot; aren&#039;t automatically always the ones who are on the short end of the stick. Kazeminy had the gold, so he made the rules, but he does not appear to have broken the rules.

Even though I was not involved in the risk management portion of the business and was not privy to any of those business dealings or conversations about them, I was with DMT at the time all this was happening. I scarcely met or knew Mr. Kazeminy, but, heard much about him that revealed Mr. McKim&#039;s deep resentment over the way Kazeminy and his associates exerted influence over the operation of DMT. It was Kazeminy&#039;s money, but McKim never considered it anything but McKim&#039;s company to run however &quot;he damned well pleased.&quot; It seemed bound to end badly for McKim. In the interest of full disclosure, I should tell you that I was fired by a screaming, raging Paul McKim prior to any of this coming to light. I should also tell you that I, and many current and former DMT staffers, were delighted to see him go.</description>
		<content:encoded><![CDATA[<p>It is not unusual to have an insurance consultant acting as a sort of &#8220;super broker&#8221; overseeing or picking the actual broker(s), or acting in a capacity to ensure the selected broker(s) are bringing the best deals to the table. As far as I know, it is not illegal to use someone you know as the consultant. The larger questions are (a) was the amount of the consulting fee appropriate for the type and volume of consuting services provided, (b) was the consulting fee disproportionate for the amount of coverage carried by DMT, (c) how much consulting did Hays actually do, and with whom? Kazeminy? Ellingboe? Erickson? and (d) why were both Thomas and and McKim later ousted from the company McKim founded?</p>
<p>Thomas&#8217;s testimony revealed three interesting facts: first, that neither he or McKim, with their somewhat limited business experience, had a thorough grasp of the risk management process; second, that McKim was afraid of Kazeminy; third, that McKim&#8217;s integrity was suddenly energized by the loss or impending loss of his control of DMT.</p>
<p>I believe it was that same year, 2007, that DMT lost a $1 million law suit to a rival company over theft of intellectual property. And Kazeminy had more business acumen and success in his pinkie finger than McKim could ever dream of having. Who are you going to believe?  </p>
<p>The &#8220;little guys&#8221; aren&#8217;t automatically always the ones who are on the short end of the stick. Kazeminy had the gold, so he made the rules, but he does not appear to have broken the rules.</p>
<p>Even though I was not involved in the risk management portion of the business and was not privy to any of those business dealings or conversations about them, I was with DMT at the time all this was happening. I scarcely met or knew Mr. Kazeminy, but, heard much about him that revealed Mr. McKim&#8217;s deep resentment over the way Kazeminy and his associates exerted influence over the operation of DMT. It was Kazeminy&#8217;s money, but McKim never considered it anything but McKim&#8217;s company to run however &#8220;he damned well pleased.&#8221; It seemed bound to end badly for McKim. In the interest of full disclosure, I should tell you that I was fired by a screaming, raging Paul McKim prior to any of this coming to light. I should also tell you that I, and many current and former DMT staffers, were delighted to see him go.</p>
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