» » Who Killed Confederation Life?: The Inside Story

Fb2 Who Killed Confederation Life?: The Inside Story ePub

by Rod Mcqueen

Category: Biography and History
Subcategory: Business and Work
Author: Rod Mcqueen
ISBN: 0771056311
ISBN13: 978-0771056314
Language: English
Publisher: McClelland & Stewart; First Printing edition (October 26, 1996)
Pages: 320
Fb2 eBook: 1435 kb
ePub eBook: 1574 kb
Digital formats: mbr mobi doc txt

The Inside Story Hardcover – October 26, 1996. by Rod Mcqueen (Author).

The Inside Story Hardcover – October 26, 1996. From the Inside Flap. ration Life Insurance Co. was seized by regulators on August 11, 1994, it ranked as the fourth largest insurance company in Canada, and was among the top 30 in North America.

Who Killed Confederation Life? book. When Confederation Life Insurance Co.

Who Killed Confederation Life? : The Inside Story. In this case, as Rod McQueen points out, 'too big to fail' came to mean that nobody believed bankruptcy was possible until it was suddenly inevitable. Confed went under because of the failure of officers, regulators, auditors, directors, politicians, and industry leaders to properly do their jobs.

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In 1994 McQueen wrote a detailed three-part article in the Financial Post about the Confederation Life scandal.

In 1994 McQueen wrote a detailed three-part article in the Financial Post about the Confederation Life scandal. Download Who Killed Confederation Life?: The Inside Story by Rod Mcqueen free. Who Killed Confederation Life?: The Inside Story by Rod Mcqueen fb2 DOWNLOAD FREE.

Who Killed Confederation Life? The Inside Story. There's no description for this book yet. Published October 18, 1997 by McClelland & Stewart.

Confederation Life based in Toronto which had assets of 1. 5 billion US dollars . Had 102 bill of derivatives on its books a brand new area of financial vehicles. Who Killed Confederation Life-The Inside Story-Rod McQueen. University of Illinois, Chicago. FIN 473 - Summer 2014. 5 billion US dollars at the end of 1993. Confed operated successfully for over 100 years. In the 1980s, it became heavily involved in real estate investments, and when the real estate collapsed, the company found itself in trouble. What students are saying.

United States of America. When this book was brought to my attention, I immediately obtained a copy and read it in one sitting. I had substantial personal interest in the subject as a Confederation L i e policyholder in two countries, in two currencies, and in two life stages. McQueen is a journalist who has had extensive experience as a financialjournalist as the author of a number of books in Canada, the United States and in the United Kingdom. His book reads very well and I. am.

The story was left intentionally vague, leaving most of us confused about what the story actually was. But for no longer! I will be telling you my theory of the game which was created by looking over every little detail of the game mixed a little (a lot) inference! I will go through different concepts.

When Confederation Life Insurance Co. was seized by regulators on August 11, 1994, it ranked as the fourth largest insurance company in Canada, and was among the top 30 in North America. With $19 billion (Cdn.) in assets, the company’s collapse wiped out 4,400 jobs, threw into disarray owners of 250,000 policies and contracts in Canada, plus another 800,000 outside the country. It also severely damaged confidence in Canada’s substantial insurance industry.In a no-holds-barred account of the debâcle, financial journalist Rod McQueen documents how it all happened, and shows how Confederation Life’s failure was due to the combined failure of the company and the larger public sector. Directors did not hold management sufficiently accountable, officers let things get out of hand, regulators were tardy, then threatened with too small a stick, auditors missed the big picture, politicians showed neither courage nor conviction, and, rather than help, industry representatives dithered. Any one individual among those six constituencies could have affected the course of the corporation’s history sufficiently to prevent its collapse.In 1994 McQueen wrote a detailed three-part article in the Financial Post about the Confederation Life scandal. Now, having extensively researched the history of the company, and having conducted over a hundred interviews, he has written a “whodunit” tale of Canada’s biggest business story of the decade.
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