I am sorry to read Charles Morgan's statement that his severance leaves him in desperate financial straits. However, it leads me to believe that the reason for the ouster is lack of profitability of MMC. Since he owns an outright 30% of MMC he should be receiving healthy dividends if the company is prospering.
I suspect that Charles was receiving a substantial salary with a nice expense account while the rest of the family were receiving little or no dividends.
