Michael Milken Executive Life, Fred Carr First Capital Life Insurance Company, Robert Weingarten Presidential Life Insurance Company (GSLIC) – Guarantee Security Life Insurance Company wikipedia.org///Guarantee_Security_Life_Insurance_Company  Columbia Savings & Loan Tom Spiegel Maxxam Pacific Lumber 1992 0228 – Los Angeles Times – State Sues Over Failure of Exec Life : Insurance: Regulators say Michael Milken and former officials and…

Read More

Bagehot YPFS: If someone else held your position in a future crisis, what are a couple lessons that you learned through this crisis or things you wish you had at the time that others should be aware of? Baxter: I believe in the classic Bagehot dictum, that in a financial crisis you should lend freely,…

Read More

Thomas Baxter 2018 1120 – Lessons Learned Oral History Project Interview: Thomas Baxter – 19p YPFS: Since AIG is an insurance company, what was the role of the insurance regulators and their interaction with the Fed during this time? Baxter: The insurance commissioners really didn’t help the rescue of AIG, but they didn’t harm it…

Read More

FHFA – Federal Housing Finance Agency Collateralization of Advances and Other Credit Products to Insurance Company Members Number: AB 2013-09 – Pertains To: FHL Banks – 12/23/2013 – [link] Federal Housing Finance Agency (FHFA) – [link] The Federal Home Loan Bank System was created by the Federal Home Loan Bank Act as a government sponsored enterprise…

Read More

Michael Aguirre 2009 0522 – Court House News – Financial Planner Says AIG Is Lying – [link] Linda Harris, who runs the Independent Financial Planning Group, says she has recommended AIG products to many clients, and “is legitimately concerned” about AIG’s financial stability “and its ultimate ability to pay any future claims on the underlying policies…

Read More

ITT (p857) – ITT has retained its telecommunications leadership , ranking as the world’s second largest manufacturer of such products and the largest outside the United States. Most of its other operations originated in acquisitions of leading firms in such diverse businesses as industrial and consumer electrical , electronic and other industrial products, life insurance,…

Read More

MGIC – Mortgage Guaranty Insurance Corp. Ambac – American Mutual Bond Assurance Company MGIC – Mortgage Guaranty Insurance Corp. Max Karl  – GOV () –    Wikipedia –  MGIC_Investment_Corporation – [link]  1957, the company was founded in Milwaukee by Max H. Karl, a real estate attorney 1982, Karl sold the company to Baldwin United for $1.2…

Read More