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To: oldirtybastard who wrote (87989)3/30/2001 12:56:59 PM
From: oldirtybastard  Respond to of 436258
 
LOL, AMZN reduced to begging for credit insurance:

biz.yahoo.com

According to a person familiar with the matter, Amazon Chief Financial Officer Warren Jenson recently flew to Paris to meet with officials of Euler , whose U.S. unit, Euler ACI , is the largest insurer of trade credit in North America. Euler has received numerous requests from Amazon vendors for insurance in recent months, says this person, who doesn't know whether Euler has agreed to insure Amazon accounts. Amazon declined to comment on the matter; Euler, saying internal information is proprietary, also declined to comment.

Meanwhile, another company, Kemper Insurance , won't insure Amazon accounts alone, though it would do so if it is packaged with the accounts of other, more stable companies, says an official at the company's London office.


more stable companies like maybe LU?