The summary interviews Edward Zore, the CEO of Northwestern Mutual, about the impacts of the economic downturn and AIG bailout on the insurance industry. Zore states that Northwestern Mutual was not significantly exposed to the subprime crisis and has seen no negative impacts. However, he acknowledges that the AIG bailout has drawn government attention to the insurance industry and may lead to increased federal regulation. Overall, Zore portrays the insurance industry as financially stable compared to other sectors and says Northwestern Mutual remains focused on its traditional business model despite broader economic challenges.
A summary of the economy for May 2012 provided by Streeter Riddle Wealth Management- Financial Advisors and Financial Planners located in East Cobb, GA.
The financial industrial arts are not in economics but rhetoric. They have no proof, no science and even actuarial subject products have only shown failure. We continue to demonstrate proof in real markets as the herd turns and mooing increases. Here is a timeless article from our vaults.
A summary of the economy for May 2012 provided by Streeter Riddle Wealth Management- Financial Advisors and Financial Planners located in East Cobb, GA.
The financial industrial arts are not in economics but rhetoric. They have no proof, no science and even actuarial subject products have only shown failure. We continue to demonstrate proof in real markets as the herd turns and mooing increases. Here is a timeless article from our vaults.
StockTakers aid to small investors in the great Rotation continues. The biggest Wild Assed Guesser will be the donkey whose tale gets pinned, by market volatility. Whose money got pinned is a real ethical question.
StockTakers season of giving Best Wishes to small investors continues.
Small investors can enjoy another slice of our Risk Price method to earn investment income for yourselves.
Accredited investors can Buy A Slice of StockTakers 12% Bond[i] to earn investment income for them and leave that work to us. Because We Can.
Marlow Felton, Chris Felton • Transamerica Financial Advisors Inc.
- A Millennial’s perspective: How we really feel about money and investing by Nick Halle
- The continuous bid under the market
- The force of Supply at major tops in the U.S. equity market by Tracy L. Knudsen, CMT
- Working a structured referral process (Don Meredith, Lincoln Financial Advisors Corp.)
StockTakers 3 year BookBuilderTM 25.15% IRR is charity to small investors of our proprietary Risk Price the proven metric investors need. The Modal Geometry gives new clarity navigating balance sheets for sound debt structures in any firm. From that we derive our Risk Price.
India ENews Oct 3, 2008 - Inside the financial tsunami: what brought it on?Jagannadham Thunuguntla
The financial tsunami now inundating global economies and markets was brought on by imprudent easing of US lending norms and extreme over-leveraging by giant US investment banks, analysts say.
Bharat Site Oct 3, 2008 - Inside the financial tsunami: what brought it on?Jagannadham Thunuguntla
The financial tsunami now inundating global economies and markets was brought on by imprudent easing of US lending norms and extreme over-leveraging by giant US investment banks, analysts say.
StockTakers aid to small investors in the great Rotation continues. The biggest Wild Assed Guesser will be the donkey whose tale gets pinned, by market volatility. Whose money got pinned is a real ethical question.
StockTakers season of giving Best Wishes to small investors continues.
Small investors can enjoy another slice of our Risk Price method to earn investment income for yourselves.
Accredited investors can Buy A Slice of StockTakers 12% Bond[i] to earn investment income for them and leave that work to us. Because We Can.
Marlow Felton, Chris Felton • Transamerica Financial Advisors Inc.
- A Millennial’s perspective: How we really feel about money and investing by Nick Halle
- The continuous bid under the market
- The force of Supply at major tops in the U.S. equity market by Tracy L. Knudsen, CMT
- Working a structured referral process (Don Meredith, Lincoln Financial Advisors Corp.)
StockTakers 3 year BookBuilderTM 25.15% IRR is charity to small investors of our proprietary Risk Price the proven metric investors need. The Modal Geometry gives new clarity navigating balance sheets for sound debt structures in any firm. From that we derive our Risk Price.
India ENews Oct 3, 2008 - Inside the financial tsunami: what brought it on?Jagannadham Thunuguntla
The financial tsunami now inundating global economies and markets was brought on by imprudent easing of US lending norms and extreme over-leveraging by giant US investment banks, analysts say.
Bharat Site Oct 3, 2008 - Inside the financial tsunami: what brought it on?Jagannadham Thunuguntla
The financial tsunami now inundating global economies and markets was brought on by imprudent easing of US lending norms and extreme over-leveraging by giant US investment banks, analysts say.
What has distinguished the companies that have thrived in 2020 from those that are barely surviving? How will the 2020 election results impact financial markets and the economy? What tax strategies can I implement now to potentially reduce my income taxes for 2020? Get answers to these questions and more in the Reby Advisors Fall 2020 Newsletter!
Insurance M&A activity in the US rose to unprecedented levels in 2015, surpassing what had been a banner year in 2014. There were 476 announced deals in the insurance sector, 79 of which had disclosed deal values with a total announced value of $53.3 billion. This was a significant increase from the 352 announced deals in 2014, of which 73 had disclosed deal values with a total announced value of $13.5 billion. Furthermore, unlike prior years where US insurance deal activity was isolated to specific subsectors, 2015 saw a significant increase in deal activity in all industry subsectors.
BoyarMiller Breakfast Forum: The Current State of the Capital Markets 2018BoyarMiller
As part of its ongoing Breakfast Forum series, BoyarMiller gathered industry experts for a moderated discussion on the Current State of the Capital Markets. Speakers included Mark Montgomery with BBVA Compass, Ali Nasser with AltruVista, and Scott Winship of GulfStar Group.
The Real Estate News is the Newsletter for Mid-America Association of Real Estate Investors based in Kansas City and serving Investors Nationwide. MAREInet.com / MAREI.org
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
USDA Loans in California: A Comprehensive Overview.pptx
Life Insurer Projects
1. W
ITH the credit and housing mar-
kets in turmoil, insurance was,
until recently, an overlooked
piece of the financial picture. That
changed when the government shored up
the American International Group, the na-
tion’s largest insurance company, with an
$85 billion emergency loan two weeks ago.
Edward J. Zore runs Northwestern Mu-
tual, the largest direct provider of indi-
vidual life insurance in the country with
3.3 million policy owners and more than
$1 trillion of insurance in force. Mr. Zore
recently discussed the changes that
might be afoot in the industry, his compa-
ny’s traditional approach to business and
why he resists becoming a publicly
owned company.
Q. With the announcement of the federal
bailout of A.I.G., how is the insurance in-
dustry holding up?
A. The insurance industry is holding up
very, very well. Our company had less
than one-half of 1 percent of assets ex-
posed to subprime markets at year-end.
As the hedge funds were liquidating their
subprime mortgages and the banks were
trying to raise capital, the industry was in
a positive cash flow position and was
there to provide support to the market
back in March.
Q. Has there has been any fallout for your
company or any of your competitors?
A. There has been no fallout for our com-
pany. I think we look better in the mar-
ketplace when people are looking at op-
tions in the life insurance industry either
as a place of employment or to place their
money to buy a product.
I don’t think we will have any negative
reverberations due directly to A.I.G.
A.I.G. has brought the industry to the at-
tention of the federal government and the
regulators. The industry has been lobby-
ing for a federal regulator. Right now,
we’re regulated by 50 states. I think what
will happen with the A.I.G. takeover by
the government is that it will force them
to focus on the industry, realize we’re
part of the financial fabric and need a
voice in Washington. We will be part of a
new regulatory regime.
Q. A.I.G. is going to put some of its prop-
erties up for sale. Are you going to buy
something?
A. We’re always interested in looking for
bargains, but I do not believe A.I.G. has a
business unit that would fit with North-
western Mutual. We’re not going to be in
the mix.
Q. As the credit markets weakened and
interest rates fell, to what extent have
you seen renewed interest in whole life
policies as forced savings?
A. Whole life insurance sales are up
about 5 percent for the first eight
months of the year. Our current divi-
dend rate on unborrowed cash values is
7.5 percent, which looks pretty good in
today’s environment.
Q. Have A.I.G.’s troubles reordered
your priorities? Do you have a more im-
mediate concern for your company and
the industry than you did a couple of
weeks ago?
A. No. The A.I.G. issue is part of a bigger
systemic problem that the financial in-
dustry and the economy face. It has to do
with the deleveraging that has started to
occur and will be occurring for some
time. As a financial institution, we are
more cautious because the risks are high-
er out there.
Q. As the population ages, some seniors
are selling life insurance policies to raise
cash. The Life Insurance Settlement As-
sociation estimates that $12 billion to $15
billion in death benefits changed hands in
2007. Companies like Goldman Sachs and
JPMorgan are reported to have invested
in these products. Why all the attention
now? And what’s your take on where this
is headed?
A. Life settlement transactions involve
selling existing life policies to unrelated
parties for more than their cash value or,
if they have no cash value, for some value
— usually policies with face amounts
over $250,000 owned by people who are at
least 65 years old or have life expectan-
cies that range from 2 to 12 or 15 years.
It’s a market that is growing.
It’s bad business if somebody owns a
policy on your life who has an interest in
your death and gets a financial reward if
you die. Because of demographics, the
settlement market is a market that’s
here. I think it should be regulated so that
life insurance isn’t used by speculators.
SATURDAY, OCTOBER 4, 2008Business Day
REPRINTED
WITH
PERMISSION
A Life Insurer Projects Calm
During the Storm
By AMY ZIPKIN
EDWARD J. ZORE
SATURDAY INTERVIEW