The story from WSJ is that a number of large life insurance companies are using trickery to underreserve their policy obligations. Here’s the only blurb I’ll quote: “This is a very controversial issue, and there is a lot of emotion behind it,” said Ma…
From the Benzinga website….
I commented in a previous article that “if you think that Fed Chairman Ben Bernanke is unpopular, consider the tragic case of Takahashi Korekiyo, who served as Bank of Japan governor from 1911-1913 and as finance min…