Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > General Actuarial
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

DW Simpson Global Actuarial & Analytcs Recruitment
Download our 2017 Actuarial Salary Survey
now with state-by-state salary information!


General Actuarial Non-Specific Actuarial Topics - Before posting a thread, please browse over our other sections to see if there is a better fit, such as Careers - Employment, Actuarial Science Universities Forum or any of our other 100+ forums.

Reply
 
Thread Tools Search this Thread Display Modes
  #541  
Old 09-09-2009, 04:57 PM
cubs1908 cubs1908 is offline
Member
 
Join Date: Nov 2006
Posts: 1,209
Default

How does the ABCD work? Do they make recommendations to the Board regarding disciplinary action and the Board decides?
Reply With Quote
  #542  
Old 09-09-2009, 04:58 PM
RG RG is offline
Member
 
Join Date: May 2004
Posts: 268
Default

Quote:
Originally Posted by SirVLCIV View Post
I would consider removal from an elected position to be discipline.
I would too, but I don't consider the PE position elected. I consider it an appointment by the Board of Directors. He wasn't removed from the position of President; he simply never took office.
Reply With Quote
  #543  
Old 09-09-2009, 04:59 PM
Aaron Brachowitz's Avatar
Aaron Brachowitz Aaron Brachowitz is offline
Member
 
Join Date: Sep 2001
Location: 41.629N, 93.833W
Posts: 10,004
Default

Quote:
Originally Posted by Actuary321 View Post
Did anyone really think, as Bruce claims in his suit, that when the AAA pres said that no discipline would be considered that the pres meant anything other that the type of discipline that is given subsequent a recommendation from the ABCD?

To say that the ousting of the P-E was the type of discipline the pres specifically said would not happen, seems disingenuous at the least.
I basically agree. But in the transcript, the AAA is being at least as disingenuous when it claims that the intent of the 8/5 meeting (i.e. removing Bruce) should have been clear to everyone from the 7/14 email. In fact, all the email said was that the issue brought up in the past presidents' letter would be discussed. It seems like a weighty matter such as removing your incoming president ought to be (and is probably required to be) communicated in advance in order to give all parties a chance to prepare.
Reply With Quote
  #544  
Old 09-09-2009, 04:59 PM
Gary Wright's Avatar
Gary Wright Gary Wright is offline
Member
 
Join Date: Feb 2008
Location: Inside your Zenith
Favorite beer: Piel's
Posts: 9,096
Default

I wonder how many (non)billable hours have been buried in this thread.

248 viewing as I breeze by.
Reply With Quote
  #545  
Old 09-09-2009, 05:00 PM
twig93's Avatar
twig93 twig93 is offline
Member
SOA
 
Join Date: Jun 2003
Posts: 28,634
Default

Quote:
Originally Posted by Actuary321 View Post
To say that the ousting of the P-E was the type of discipline the pres specifically said would not happen, seems disingenuous at the least.
According to the transcript, the judge agrees with you. (I think "ludicrous" was the judge's word actually but I'm too lazy to look it up.)
__________________
Originally Posted by Gandalf
The thing that is clearest is twig's advice
Reply With Quote
  #546  
Old 09-09-2009, 05:02 PM
The Mad Hatter's Avatar
The Mad Hatter The Mad Hatter is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: Earth
Posts: 5,978
Default

Quote:
Originally Posted by Actuary321 View Post
Did anyone really think, as Bruce claims in his suit, that when the AAA pres said that no discipline would be considered that the pres meant anything other that the type of discipline that is given subsequent a recommendation from the ABCD?

To say that the ousting of the P-E was the type of discipline the pres specifically said would not happen, seems disingenuous at the least.
Well, if you consider the position to be an "entitlement" once "earned", then it's a punishment.
__________________
Someone tells us that God loves us as a father loves his children. We are reassured. But then something awful happens. Some qualification is made.... We are reassured again. But then perhaps we ask: what is this assurance of God's (appropriately qualified) love worth, what is this apparent guarantee really a guarantee against? Just what would have to happen not merely (morally and wrongly) to tempt but also (logically and rightly) to entitle us to say "God does not love us" or even "God does not exist"?
-- Antony Flew
Reply With Quote
  #547  
Old 09-09-2009, 05:02 PM
Brad Gile's Avatar
Brad Gile Brad Gile is offline
Member
CAS SOA AAA
 
Join Date: Sep 2001
Studying for whatever I feel like
College: Alumnus of Brown and UW-Madison
Posts: 11,341
Default

Quote:
Originally Posted by Actuary321 View Post
Did anyone really think, as Bruce claims in his suit, that when the AAA pres said that no discipline would be considered that the pres meant anything other that the type of discipline that is given subsequent a recommendation from the ABCD?

To say that the ousting of the P-E was the type of discipline the pres specifically said would not happen, seems disingenuous at the least.
Well, had I been in his shoes I would have taken that statement at face value. I guess that's just me. I think your slant is silly. But that's just me, too, I guess. My dad always said "Say what you mean and mean what you say. The world can't function correctly if people do otherwise."

P.S. He also said "But son, never forget that some people are lying a**holes."
__________________
Brad Gile, FSA, MAAA
Affiliate Member of the CAS
Dedicated Retired Actuary

Spoiler:
Obama sucks and we all know it-TDA


Spoiler:

That's been the funniest subplot of this whole thing, the people on the left attacking this bill for not being even more of a steaming pile. - erosewater
Reply With Quote
  #548  
Old 09-09-2009, 05:04 PM
The Professional The Professional is offline
Member
 
Join Date: Jun 2008
Favorite beer: Kirin Ichiban
Posts: 427
Default

"The president-elect, Bruce Schobel, is one of America’s foremost authorities on the Social Security system. He is also a onetime convicted felon who, according to court records, served time three decades ago for “assault with a dangerous weapon while demanding property” in New Jersey. Few know this, though, because his record has been expunged."

WTF - was Bruce in the mafia before becoming an actuary?
__________________
I don't know where I'll be then, Rock, but I'll know about it and I'll be happy.
Reply With Quote
  #549  
Old 09-09-2009, 05:05 PM
Patience's Avatar
Patience Patience is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: a kinder, gentler place
Favorite beer: Scotch
Posts: 47,644
Default

Quote:
Originally Posted by Brad Gile View Post
Well, had I been in his shoes I would have taken that statement at face value. I guess that's just me. I think your slant is silly. But that's just me, too, I guess. My dad always said "Say what you mean and mean what you say. The world can't function correctly if people do otherwise."

P.S. He also said "But son, never forget that some people are lying a**holes."
your dad was Horton the elephant?
__________________
"I've been through the desert on a horse with no name...
In the desert you can remember your name
'Cause there ain't no one for to give you no pain"
Reply With Quote
  #550  
Old 09-09-2009, 05:15 PM
Listeria's Avatar
Listeria Listeria is offline
Spazz Legend
 
Join Date: Mar 2004
Location: Goodbadia
College: Guelph
Favorite beer: Meinstrohn
Posts: 32,450
Default

Quote:
Originally Posted by The Professional View Post
"The president-elect, Bruce Schobel, is one of America’s foremost authorities on the Social Security system. He is also a onetime convicted felon who, according to court records, served time three decades ago for “assault with a dangerous weapon while demanding property” in New Jersey. Few know this, though, because his record has been expunged."

WTF - was Bruce in the mafia before becoming an actuary?
No it was after.
He was actually pretty powerful. He was at a certain point the head of a secretive group known to insiders as the "AAA".
Reply With Quote
Reply

Tags
aaa, bruce schobel

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 11:39 PM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.47972 seconds with 10 queries