James J. Dufficy leaves the First American Corporation, a NYSE trading company with a current market cap of $3.3 billion to join Stewart Title Guaranty Company. STG is a fully owned subsidiary of Stewart Title Company. STC’s market cap is presently less that $500 million!
IMHO, while The First American Corporation has grounds to rejoice, Stewart Title should have major cause for concern.
Mr. James J. Dufficy’s business philosophy is that ‘his’ company has no duty vis-à-vis the public to do the ‘correct’ thing.
Note that Mr. James J. Dufficy made that statement on a First American letterhead he addressed to me on March 24th 1998.
The Stewart Title board of directors and Stewart Title clients better be wary of this ‘new blood’ and his dubious policies pervading its ranks! Time will tell!
IMHO, while The First American Corporation has grounds to rejoice, Stewart Title should have major cause for concern.
Mr. James J. Dufficy’s business philosophy is that ‘his’ company has no duty vis-à-vis the public to do the ‘correct’ thing.
Note that Mr. James J. Dufficy made that statement on a First American letterhead he addressed to me on March 24th 1998.
The Stewart Title board of directors and Stewart Title clients better be wary of this ‘new blood’ and his dubious policies pervading its ranks! Time will tell!
3 comments:
When the water level gets too high - Rats jump ship!
WHOEVER LEFT THAT COMMENT MUST KNOW THAT DUFFICY WAS REALLY A RAT!!! GLAD TO KNOW THAT HIS TRUE SELF WAS REVEALED TO THE WORLD! SO PROUD YOU NEVER GAVE UP THE FIGHT AND STILL HAVEN'T! GOD BLESS YOU ALWAYS DAD...I LOVE YOU...!! LYNDA
He has now left STC for reasons that are not clear as of yet.
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