SLHC – Savings and Loan Holding Company Northwestern Mutual seeks to deregister based on the representation that its subsidiary federal savings association, Northwestern Mutual Wealth Management Company (“NM Wealth”), Milwaukee, qualifies as a trust-only company pursuant to section 2(c)(2)(D) of the Bank Holding Company Act (“BHC Act”), 12 U.S.C. § 1841(c)(2)(D) federalreserve.gov/supervisionreg/legalinterpretations/bhc_changeincontrol20120926.pdf Massachusetts Mutual Life…

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2008 Financial Crisis – Goldman Sachs 2009 1204 – Bloomberg – Geithner Slams Bonuses, Says Banks Would Have Failed (Update2), (Goldman Sachs), by Robert Schmidt – 2p AIG AIGFP AIG – Securities Lending Senate – Permanent Subcommittee on Investigations – 2008 Financial Crisis – Levin – Coburn Lloyd Blankfein Craig Broderick, Chief Risk Officer Andy Davilman David…

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New Companies 1966 – Book – The Case Against New Life Insurance Companies, by Halsey Josephson 1967 – SOA – Digest of Discussion of Subjects of Special Interest, Society of Actuaries – 25p 1967 – SOA – New-Company Problems, Society of Actuaries – 38p [Bonk: ⇒  Connection] I will start by discussing the expansion and consolidation…

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Charles Hurwitz charles hurwitz wikipedia.org/wiki/Charles_Hurwitz Charles Edwin Hurwitz (born 1940) is an American businessman and financier known for his role in the 1980s savings and loan crisis, and his takeover of Pacific Lumber Company, a logging company active in Humboldt County, California. Executive Life Insurance Company Pacific Lumber Gov Hearings Maxxam – charleshurwitz.com/ Junk Bonds Michael Milken jailhurwitz.com/ Summit…

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AIG – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ# A AIGFP – AIG Financial Products AIGFP – CDS – Collateral / Reserves AIGFP – Europe – Regulatory Capital Swaps AIGFP – FCIC AIGFP – Goldman Sachs – Collateral Calls AIGFP – Subordination AIG Annuity Insurance Company AIG Special Task Force – (EX) – NAIC AIG to DOTT – Department of…

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Principal Life Formerly Bankers Universal and variable universal life insurance products offer the policyholder the option of adjusting both the premium and the death benefit amounts of the insurance contract. 2012 – 10k (SEC) – Principal Financial Group – [LINK] <Bonk: The word “permanent” does not appear in the 10k “Whole Life” is under “Traditional…

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Holding Company Bank Holding Company Act of 1956 MHC – Mutual Holding Company Orderly Resolution Authority SLHC – Savings and Loan Holding Company 2007 0611 – OTS – Office of Thrift Supervison Holding Company Report Of Examination of AIG – 52p 2010 0318 – GOV (House) – Insurance Holding Company Supervision – Paul Kanjorski (D-PA) Dots –…

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Savings and Loans The Crisis arose because the Government extended a 100% Guarantee on most Thrift Deposits without taking commensurate measures to prevent unsound banking practices likely to lead to losses. 1990 – AP – The Savings-and-Loan Crisis Causes and Remedies, by  Dalton Leonard Anderson – 203p During the past decade, the savings and loan crisis and…

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Goldman Sachs 2008 Financial Crisis – Goldman Sachs FCIC File – Valuation & Pricing Related to Initial Collateral Calls on Transactions with AIG – 15p Lloyd C. Blankfein, Chairman and CEO, The Goldman Sachs Group Viniar Sparks Davilman Paulson Legal Case – GOLDMAN SACHS GROUP, INC., ET AL., PETITIONERS v. ARKANSAS TEACHER RETIREMENT SYSTEM, ET…

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Lehman Brothers Dick Fuld FCIC – Chronology of Selected Events Related to Lehman Brothers and the Possibility of Government Assistance – 322p 2010 0311 – Lehman Brothers Examiner’s Report: Volume 5, Chapter 11 Case No. 08‐13555, UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK – 683p LEHMAN BROTHERS HOLDINGS INC. – Chapter 11 Case…

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