New Economic Perspectives: William Black: Why Nobody Went to Jail During the Credit Crisis
We have known for centuries, that if you don’t underwrite loans, or if you don’t underwrite insurance, you’ll get something called “adverse selection”.
This interview answers the question of why nobody went to jail for our recent financial crisis.
For this underwriter, it’s all about prudent underwriting and strong internal controls.
Economist’s View: The US Jobless Recovery: Assertive Management Meets the Double Hangover
Dani Rodrik’s weblog: The great divergence, the other way around
Dani Rodrik’s weblog: Will the divergence in growth result in eventual convergence in incomes?
Dani Rodrik, Professor of International Political Economy at Harvard University, is the author of The Globalization Paradox: Democracy and the Future of the World Economy. HT to Mark Thoma at his blog Economist’s View.
I have no further comment on this topic because there is a lot to think about here.
Pacific Life buying reinsurance block from Manulife | Insurance & Financial Advisor I IFAwebnews.com
Another article on the deal.
lifeunderwriter.net 
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