People – Page 20 – [BonkNote]

Larry Gorski Illinois Insurance Department – Actuary They are complaints about things that we can’t do anything about because the contract might be a universal life type product with nonguaranteed elements, and there is no regulatory framework to deal with those issues. Those complaints just fall by the wayside because there is nothing that can…

Vicky Saporta Executive Director of Prudential Policy Directorate at the Bank of England. bankofengland.co.uk///victoria-saporta Chair of the Executive Committee of the International Association of Insurance Supervisors iaisweb.org///victoria-saporta/ 2022 – House of Commons – Treasury Committee – Future of financial services regulation, First Report of Session 2022–23 – 68p <Words: Risk Margin, long-term products, matching adjustment, illiquid…

Patricia Mosser Federal Reserve Board OFR – Research 2008 0912 – FCIC (Financial Crisis Inquiry Commission) – FRB – FRB Patricia Mosser email re AIG, FCIC-AIG0018667 – 3p Situation is a mess — AIG is open to having someone go over/call in tonight to start the process. Any chance you could call in at about…

Ralph Nader For almost seventy years the life insurance industry has been a smug sacred cow feeding the public a steady line of sacred bull. (p7) — Ralph Nader 1973 0220 – GOV (Senate) – The Life Insurance Industry, Philip Hart (D-MI) – Part 1 of 4 — [BonkNote] — [PDF-815p-GooglePlay] Many years ago I was sitting in…

Michael Lewis michaellewiswrites.com/// The Big Short 2009 08 – Vanity Fair – The Man Who Crashed the World, [re: Joe Cassano] by Michael Lewis – [link] 16p – haraldhau.com/The_Man_Who_Crashed_the_World.pdf 2010 0304 – FCIC – Notes from Michael Lewis Interview on the topic of the Origins of CDOs markets in Nonbanks – 1p 2010-10-13 FCIC staff audiotape…

Peter Wallison AEI – American Enterprise Institute FCIC – Financial Crisis Oversight Committee – Member c-span.org/person/?14055/PeterJWallison 1999 0329 – AEI – Speech – The Life Insurance Industry in the Financial Services World of the 21st Century Peter Wallison to ACLI – [link] 2000 – AEI – Optional Federal Chartering and Regulation of Insurance Companies, Edited…

Farms Consequently, many farmers were unable to service their debt, and delinquencies on loans to major farm lenders-principally banks, the Farm Credit System, life insurance companies, and the Farmers Home Administration-grew substantially.16 16 Emanuel Melichar, Turning the Corner on Troubled Farm Debt, 73 FED. RESERVE BULL. 523, 525- 26 (1987). TWO CONCEPTS OF MEDIATION IN…

Phillip Stano us.eversheds-sutherland.com/People/Phillip-E-Stano 1990 – GOV (Senate) – Impact of Restructuring of the S&L Industry: A Case Study on Bluebonnet Savings Bank 0709 and 0731 – Part 1 – [PDF-1253p-GooglePlay, VIDEO-CSPAN] Phillip E. Stano, General Counsel, Alabama Insurance Department 1998 – LC – Crown v. Casteel – 98-0218 ACLI Brief – Stano 2001 – MDL…

Mark Hutchings – AIG 2010-06-22 FCIC staff audiotape of interview with Mark Hutchings, American International Group, Inc.mp3 UK Investments <->AIGFP?> {Wasn’t told to wind down Securities Lending, He was still Lending as of September 2008} {9x Billion at peak} {held over a barrel, losing money both ways} Ponzi AIG – Matched Investment Program – (MIP)…

Kevin McGinn – AIG Kevin McGinn – Chief Credit Officer Kevin McGinn – AIG – Nero email – FCIC Interview (mp3) [Bonk: Who did he tell? Any Documentation?] Bob Lewis FCIC Interview (mp3) – {Kevin told me he told them} 2007 1119 – email – AIG – Paul Narayan to Kevin McGinn – 3p (p2)…