Authors – People Roddy Boyd Bethany McLean Ellen Joan Pollock  New York Times,  Former editor of Bloomberg Businessweek 2002 0227 – Booknotes – The Pretender: Martin Frankel, by Ellen Polluck – [VIDEO-CSPAN]

Read More

Black Box 1996 – SOA – The Actuary, The Actuarial Black Box, by Sam Gutterman, Society of Actuaries – 2p  2009 0305 – WSJ – AIG’s Black Box The fourth rescue is not a charm, by Author-? – [link] What UL does, among other things, is to let the policyowner or maybe the agent pick…

Read More

Insolvent Failures Insolvencies Surplus Notes Solidity (Solvency) 1977 0525 – The Washington Post – How an Insolvent Firm Keeps Selling Insurance, By John F. Berry – [link] 1992 – LR – The Effects of the Insurance Industry Insolvency on Pensioners’ Incomes: A Plan for Federal Insurance, by Lee Anne LeBlanc – 33p 1998 – LR – The…

Read More

2017 0328 – GOV (House) – The Arbitrary and Inconsistent Non-Bank SIFI Designation Process 2017 0328 – GOV (House) – The Arbitrary and Inconsistent Non-Bank SIFI Designation Process, Ann Wagner (R-MO)  —  [BonkNote] [PDF-83p, VIDEO-YouTube]  2017 0228 – GOV (House Report) – Report Prepared by The Republican Staff of the Committee on Financial Services, U.S.…

Read More

Q: What Do They Mean? (p47) – Dennis ROSS (R-FL). There hasn’t been a run on life insurance, has there? Are people all of a sudden going to go and cash in their life insurance policies? ⇒  Because if they are, then our serious consequences for economic structure are way out of line. 2015 1208…

Read More

Arizona John McCain – (R-AZ) 1987-2018 – US Senate 1983-1987 – US House David Schweikert – (R-AZ) 2011-2023 – Current (as of 2023) – US House Ways and Means Committee – Member U.S. Congress Joint Economic Committee – Senior House Republican Member 2015 1208 – GOV (House) – Oversight of the Financial Stability Oversight Council…

Read More

2015 1208 – GOV (House) – Oversight of the Financial Stability Oversight Council (FSOC) 2015 1208 – GOV (House) – Oversight of the Financial Stability Oversight Council (FSOC), Jeb Hensarling (R-TX)   —   [BonkNote] [PDF-146p,  VIDEO-YouTube]  Derivatives –  financialservices.house.gov///EventID=399520 House – Committee on Financial Services  (p14) – Ms. MATZ. No. The determination wasn’t based on the insurance…

Read More

Q: How Do You Know? (p222) – Chair Elizabeth WARREN. And how exactly—you know this is—you weren’t there—I wasn’t there. This is a crazy conversation to have. 2010 0526 – COP – Hearing – TARP and Other Government Assistance for AIG – [PDF-241p] — [BonkNote] 2010 0701 – FCIC – Hearing – 2008 Financial Crisis and Derivatives,…

Read More

Bonk – Different Knowledge Bases Derivatives – 2015 1208 – GOV (House) – Oversight of the Financial Stability Oversight Council [PDF-146p, VIDEO-YouTube] (p60-62) Debbie Matz, Chairwoman, National Credit Union Administration David Schweikert – (R-AZ). (p62) – David Schweikert – (R-AZ).  I will give this one to you in writing because we are talking past each other because…

Read More