Filing By Phoenix Defends Strategy --...

Filing By Phoenix Defends Strategy -- New York

There are 2 comments on the Hartford Courant story from Mar 23, 2008, titled Filing By Phoenix Defends Strategy -- New York. In it, Hartford Courant reports that:

The Phoenix Cos. was seeking to reduce overhead expenses this year even without the coming spinoff of its asset management business, and a consultant advised against cutting more than $30 million, a regulatory ...

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A shareholder

United States

#1 Mar 27, 2008
I would love to know how much money Phoenix is spending to "urge them not to vote for the Oliver Press nominees". If Phoenix executives (and current board members) were not so greedy the company may have a chance to prosper. I would love to just see the stock price get back to IPO and SELL......Is there anyone else out there that would like to comment?
David and Chris

Saint Cloud, MN

#2 Apr 8, 2008
Yes, we understand what you are asking. It's hard to determine who is telling the truth here, but the outlandish compensation and poor performance compared to other companies seem to support a change. We plan to call each "camp" today and ask specific questions. Anyone else?

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