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Search: Posts Made By: tbakos
Forum: Chat with the Candidates & Exam Committee 07-05-2018, 04:48 PM
Replies: 8
Views: 763
Posted By tbakos
Hey, Tom Bakos is a Petition Candidate for...

Hey, Tom Bakos is a Petition Candidate for President Elect. You can always vote for him since Jim can no longer be a candidate - having won last year.
Forum: General Actuarial 06-02-2017, 11:44 AM
Replies: 958
Views: 180,584
Posted By tbakos
I haven't studied other professions in great...

I haven't studied other professions in great detail but it has seemed to me that the actuarial profession's disciplinary process is well organized and structured (until, perhaps, until now).
...
Forum: General Actuarial 06-02-2017, 11:35 AM
Replies: 958
Views: 180,584
Posted By tbakos
I was suggesting that immediately upon becoming...

I was suggesting that immediately upon becoming aware of the Wirepoint article disclosing the ABCD recommendation to expel and long before a lawsuit, the Academy should have initiated action to...
Forum: General Actuarial 06-01-2017, 11:49 AM
Replies: 958
Views: 180,584
Posted By tbakos
Academy Response

Essentially the Academy argues the following:


There are contradictions in Sharpe's argument. But, they don't really describe any if you read their argument.

They rely heavily on THEIR...
Forum: General Actuarial 03-23-2017, 11:24 AM
Replies: 958
Views: 180,584
Posted By tbakos
Your understanding is correct that if the JDC...

Your understanding is correct that if the JDC determines a suspension for longer than two years or expulsion, each member organization has an opportunity to moderate that - but cannot reduce...
Forum: General Actuarial 03-22-2017, 06:32 PM
Replies: 958
Views: 180,584
Posted By tbakos
It was not a "training program". It was a...

It was not a "training program". It was a recognition program.
Forum: General Actuarial 03-22-2017, 06:30 PM
Replies: 958
Views: 180,584
Posted By tbakos
The JDC would have gotten involved had the...

The JDC would have gotten involved had the Academy forwarded the ABCD recommendation to them. It would seem that the Academy didn't do that. They decided to assemble their own Disciplinary Panel...
Forum: General Actuarial 03-22-2017, 06:16 PM
Replies: 958
Views: 180,584
Posted By tbakos
The ASS program (informal) was a program...

The ASS program (informal) was a program initiated and conducted by actuarial summer students (ASS) working for Continental Assurance Company beginning in 1967 - and continued after we took on full...
Forum: General Actuarial 03-22-2017, 02:55 PM
Replies: 958
Views: 180,584
Posted By tbakos
Is anyone but me (I did notice a few) concerned...

Is anyone but me (I did notice a few) concerned about the Academy attitude in this case?


They are violating their own rules on three counts, at least:
Proceeding with a disciplinary hearing...
Forum: General Actuarial 03-22-2017, 02:33 PM
Replies: 958
Views: 180,584
Posted By tbakos
FYI - ASS was not CAC.

FYI - ASS was not CAC.
Forum: General Actuarial 03-20-2017, 03:58 PM
Replies: 958
Views: 180,584
Posted By tbakos
"Some people" simply have no fun in their...

"Some people" simply have no fun in their hearts.
Forum: General Actuarial 03-20-2017, 03:51 PM
Replies: 958
Views: 180,584
Posted By tbakos
I don't get where "flaunting" came from. No one...

I don't get where "flaunting" came from. No one is doing that.
Forum: General Actuarial 03-18-2017, 06:46 PM
Replies: 958
Views: 180,584
Posted By tbakos
I think you have a serious misunderstanding...

I think you have a serious misunderstanding concerning why the Chicago Actuarial Club posted that about its meetings.

Was that last sentence really there? Yes, I checked it was!!! Good for...
Forum: General Actuarial 03-18-2017, 06:42 PM
Replies: 958
Views: 180,584
Posted By tbakos
The JDC is composed of the Presidents and...

The JDC is composed of the Presidents and President Elects of the 5 participating U. S. based actuarial organizations. This group was formerly called CUSP - the Council of U.S. President and...
Forum: General Actuarial 03-18-2017, 06:15 PM
Replies: 958
Views: 180,584
Posted By tbakos
Incorrect, I believe Mr. Sharpe posted that in...

Incorrect, I believe Mr. Sharpe posted that in his second post. I checked, yes he did. The Disciplinary Panel was appointed by the Academy. It should have been appointed by the JDC per the...
Forum: General Actuarial 03-18-2017, 06:14 PM
Replies: 958
Views: 180,584
Posted By tbakos
Well, the Academy, if it published that, would...

Well, the Academy, if it published that, would again be violating its obligation to keep disciplinary matters confidential ... wouldn't it? But, ignoring this, I believe Mr. Sharpe indicated this in...
Forum: General Actuarial 03-16-2017, 11:58 AM
Replies: 958
Views: 180,584
Posted By tbakos
The post of mine you quote is on a slightly...

The post of mine you quote is on a slightly different, but related, subject. It deals with the Academy's decision to proceed with a disciplinary panel as described by Mr. Sharpe in his second post....
Forum: General Actuarial 03-14-2017, 12:18 PM
Replies: 958
Views: 180,584
Posted By tbakos
I didn't say they don't understand or that the...

I didn't say they don't understand or that the actuary didn't tell them.
Forum: General Actuarial 03-14-2017, 11:15 AM
Replies: 958
Views: 180,584
Posted By tbakos
I understand. You were making a statement about...

I understand. You were making a statement about the general condition and consequences. I was focusing on cause and effect.

You are right, assumptions that result in the underfunding of a...
Forum: General Actuarial 03-13-2017, 04:44 PM
Replies: 958
Views: 180,584
Posted By tbakos
Although not a pension actuary, my understanding...

Although not a pension actuary, my understanding is that it is not public pension plan actuaries who are "fleecing" the taxpayers. Rather it is the governmental entity itself that is "fleecing" the...
Forum: General Actuarial 03-13-2017, 11:40 AM
Replies: 958
Views: 180,584
Posted By tbakos
Well, I get that you think it is clear. But, I...

Well, I get that you think it is clear. But, I do too and have a different understanding. That, I suggest, makes it unclear.

From the above long post you may gather that the Academy has other...
Forum: General Actuarial 03-13-2017, 11:35 AM
Replies: 958
Views: 180,584
Posted By tbakos
Is Academy Discipline Process Valid?

Go back to post #316 wherein Mr. Sharpe described that the Academy was moving forward with a Disciplinary Panel appointed by the Academy per Academy Bylaws provisions. This Panel is scheduled to...
Forum: General Actuarial 03-13-2017, 10:32 AM
Replies: 958
Views: 180,584
Posted By tbakos
No - same general concept "imagine how" or...

No - same general concept "imagine how" or "believe".

I think when faced with an unbelievable statement or belief (say, "the Earth is flat") a fair responder, if not given a reason for the...
Forum: General Actuarial 03-12-2017, 04:20 PM
Replies: 958
Views: 180,584
Posted By tbakos
Actually, I am reasonably sure that all logical...

Actually, I am reasonably sure that all logical thinkers, like good actuaries, go through a process very much like that when evaluating outcomes.

Even you did. Tell me why it is not hard to...
Forum: General Actuarial 03-12-2017, 04:08 PM
Replies: 958
Views: 180,584
Posted By tbakos
And, you think that is an important distinction? ...

And, you think that is an important distinction?

And, how do you know that Sawhney was the source for the WirePoints article?
Showing results 1 to 25 of 300

 

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