Ambac – American Municipal Bonds Corp. Ambac – American Mutual Bond Assurance Company 2008 Financial Crisis Kim Shaul – FCIC – Interview Surplus Notes Settlements with Banks ambacpolicyholders.com/ Legal Cases ambacpolicyholders.com/ 17 Ambac filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code on 8 November 2010 2011 11 – IAIS – Insurance and…

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Failures What companies are we talking about when we say companies on the edge? So that we’ll all be on the same plane, I’ve grouped some of the more well-known companies as follows: APPROACHING THE EDGE: Fidelity Mutual?, Mutual of New York?, and Travelers? AT THE EDGE: First Capital, Monarch Life, and Mutual Benefit. OVER…

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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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Blackrock BlackRock – Connections with: AIG AllState Resolution Life 2008 1030 – BlackRock – Preliminary Draft for Discussion Purposes – Maiden Lane III, FRBNY AIGCDS00228 – 61p 2009 0518 – NYT – Wall St. Firm Draws Scrutiny as U.S. Adviser, By Eric Lipton and Michael J. de la Merced – [link] 2009 0519 – WSJ – BlackRock…

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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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Enron Kenneth Lay Jeff Skilling Andrew Fastow Sherron Watkins 2002 0201 – Powers Report – 218p To the Members of the Board of Directors Enron Corporation. Enclosed is a copy of the Report of the Special Investigation Committee. 2003 – Enron: The Smartest Guys in the Room, Bethany McLean 2002 0224 – GOV -The Fall…

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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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Drexel Burnham Lambert Michael Milken Executive Life Insurance Company Frederick Joseph Robert Linton Leon Black Drexel Burnham Lambert Apollo Global Management – co-founder and former CEO of the private equity firm  Leon Black, Chairman and CEO of Apollo Global Management – [VIDEO-YouTube] Joe Cassano – AIGFP 1991 – Book – Den of Thieves, James B. Stewart…

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