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Old 07-28-2006, 09:10 AM
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WWSituation WWSituation is offline
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http://forumserver.twoplustwo.com/sh...ge=1&fpart=all

We are pretty well represented in this thread. I considered posting an invitation to come over here, then I realized that I am a lazy POS. Private messaging the 3 or 4 folks who posted wouldn't be a bad idea.

btw - my 2+2 name is PayTheSnucka in case you are wondering who provided such valuable insight in the thread.
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Originally Posted by Duffer View Post
We, the actuarial profession, did several things badly.

1. Pandering - we marketed ourselves as finding clever ways to give the public pension sponsors something for nothing
2. Ignored consequences - we found clever ways to allow politicians to ignore the true costs of benefit increases, like negative amortization of losses
3. Low standards of measurement - GASB had the most simple-minded of standards, and is now only going half-way to raise the standard.
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Old 07-28-2006, 12:12 PM
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I'm MNPoker. surprise surprise.

Who else on that board is an Actuary? Especially names that aren't here.
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