Bankers Obviously, millions of American citizens have either no life insurance coverage or inadequate coverage. If states use their right to authorize banks to sell insurance, we believe we have the potential to make such protection available through low-cost term life insurance distributed through bank branches. Today’s insurance marketplace is not mature — it is…

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SFSP – Society of Financial Service Professionals JFSP – Journal of Financial Service Professionals (Current) The Journal of the American Society of Chartered Life Underwriters Journal of the American Society of CLU & ChFC Journal page of the website:  national.societyoffsp.org/page/aboutjfsp Search the Journal: national.societyoffsp.org/search/all.asp In addition, the insurance buyer can learn more about how the…

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Policyholder Orphaned Policyholder Behavior Policyholder Options POLICYHOLDER PROTECTION Consumers Consumer Education Confusion

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Journalists Media Media – Index Press Press Releases 1989 0501 – National Press Club / CSPAN – Where Was the Press During the S&L Crisis? – [link] Foundation for Financial Journalism – ffj-online.org/ Jack Anderson  Webb report, wisconsin, hart Roddy Boyd Scott Burns Scott Burns – Doug Andrew Diana B. Henriques – NYT – New…

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OCC – Office of the Comptroller of the Currency occ.gov <WishList> – 1972 – OCC – Report to Congress, by Comptroller General of United States : Survey of Application of Government’s Policy on Self-Insurance 1996 0812 – OCC – Credit Derivatives: Guidelines for National Banks, OCC Bulletin 1996-43 – [link] Credit derivatives are new financial instruments…

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OECD – Organisation for Economic Co-operation and Development oecd.org/     Year-? – OEDC – Encouraging a Dynamic Life Insurance Industry: Economic Benefits and Policy Issues, by by Gerry Dickinson, Professor and Director, Centre for Insurance & Investment Studies, City University Business School, London – 10p These long-term savings generated by life insurance companies can also…

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The Systemic Risk Council systemicriskcouncil.org/ cfainstitute.org/ ….former government officials and financial and legal experts committed to addressing regulatory and structural issues relating to global systemic risk, with a particular focus on the United States and Europe. Members: Sheila Bair – Founding Chair of Systemic Risk Council Former FDIC Chair Brooksley Born – Former U.S. Commodity Futures…

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United Nations  Life insurance policies might normally be held to maturity, but the contract provides a liquidity option—owners can borrow against them. They also have a cash value. Demand deposits are normally held for a long time, but in a panic, they can be withdrawn overnight. 2009 0921 – United Nations – Report of the…

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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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NBER – National Bureau of Economic Research nber.org 1938 – NBER – Some Theoretical Problems Suggested by the Movements of Interest Rates, Bond Yields and Stock Prices in the United States since 1856, by Frederick R. Macaulay – [link] 1989 – NBER – How Rational is the Purchase of Life Insurance? – Alan J. Auerbach, Laurence…

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