Archive for November 2022
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Mafia
Mafia Organized Crime As chairman of the Unauthorized Insurers Subcommittee and a member of the Valuation of Securities Committee of the National Association of Insurance Commissioners, I can report to you that the NAIC is aware of and deeply concerned with the known infiltration of Mafia and underworld characters into the insurance industry … (p50…
Read More2008 Financial Crisis – International
2008 – Financial Crisis – International 2008 – OECD – Impact of the Financial Turmoil – 25p Company Investments, Increased Surrenders 2009 – OECD – Insurance Companies and the Financial Crisis, Sebastian Schich – 31p 2009 0623 – UK House of Commons – US Congressional debates on the financial crisis: key players, policy and future regulation, Research Paper 09/58 – 57p
Read MorePrinceton – Newport Partners
Princeton – Newport Partners James Regan, aka Jay Regan Ed Thorp 1986 0505 – Forbes – Beat the Dealer – 1989 0731 – UPI – Jury reaches guilty verdicts in Princeton/Newport case – [link] https://www.chicagotribune.com/news/ct-xpm-1992-01-09-9201030142-story.html 2017 – Forbes – Edward Thorp’s 20% Annual Return For 30 Years – [link]
Read MoreNGA – National Governors Association
NGA – National Governors Association nga.org 2018 0227 – (NGA) – National Governors Association to GOV (House Committee on Oversight and Government Reform) – On Federalism Implications of Treating States as Stakeholders – 5p Regarding federal preemption, governors recognize the need for federal intervention should states fail to act collectively on issues of legitimate concern. Preemption…
Read MoreBusiness of Banking
Business of Banking 1988-1989 – LR – Bargaining for Justice: An Examination of the Use and Limits of Conditions by the Federal Reserve Board, Alfred C. Aman – 64p Controversy over what is or should be the business of banking challenges the rationales for banking regulations.64 Changes in data processing and communications technology have created a…
Read MorePreemption
Preemption 2018 0227 – (NGA) – National Governors Association to GOV (House Committee on Oversight and Government Reform) – On Federalism Implications of Treating States as Stakeholders – 5p Regarding federal preemption, governors recognize the need for federal intervention should states fail to act collectively on issues of legitimate concern. Preemption of state laws, however, should…
Read More1991 1992 – GOV (Senate) – Efforts To Combat Fraud And Abuse In The Insurance Industry – Sam Nunn (D-AL)
1991 1992 – GOV (Senate) – Efforts To Combat Fraud And Abuse In The Insurance Industry 1991 1992 – GOV (Senate) – Efforts To Combat Fraud And Abuse In The Insurance Industry, Sam Nunn (D-GA) — [BonkNote] Senate – Committee on Governmental Affairs – Permanent Subcommittee on Investigations VIDEOS-? – not on CSPAN 1991 0424…
Read MoreCredit Life Insurance
Credit Life Insurance 1973 1120 – NYT – Obituary: Arthur J. Morris of Credit Plan, 92 – [link] Arthur J. Morris, the banker and financier who created the Morris Plan, which made consumer credit available to working people, died yesterday at Phelps Memorial Hospital, North Tarrytown. He was 92 years old and lived here. On April…
Read MoreFinancing
Financing We must understand that we no longer have any reasonable basis for making any assumptions whatever about the range within which interest rates will fluctuate. Financing the squeeze by issuing commercial paper is just about the most dangerous thing a life company can do. 1981 01 – SOA – Financial Hazards of the Cash Value Life Insurance…
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