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Cherkasky.jpgIsn’t it ironic that the day after I post an entry on broker fee disclosure, Marsh comes out with plans for a new compensation scheme to offset the billion dollar loss they suffered by swearing off contingency fees to settle bid-rigging charges? Will it pass muster with buyers? And how long will Michael Cherkasky be able to hang on as president and CEO of Marsh & McLennan Companies given his own startling admission of leadership failures?

As reported by our own Mark Ruquet on NU’s Online News Service earlier today:

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