The Scheme – a clarification

Although I don’t believe in Santa Claus or the Tooth Fairy, as one commenter suggested, I do believe the Rigsby sisters.

The scheme is not a fairy tale, as the commenter suggested.  Instead, it represents the application of my experience to the evidence.

Contrary to comments made suggesting I find something amiss about the use of technology as a management tool, I wholeheartedly support such efforts and believe they are even more valuable when Six Sigma and similar measurement systems are integrated.

However, “systemic underpayment” of claims becomes even more likely when success is measured in terms of reduction of loss.  When fortunes are made by investors swapping paper, there is nothing far fetched at all about the idea of swapping data to reduce loss.

The final post on the scheme follows; but, the end of the series is not the last word.

Nowdy

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