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  • Jake Berzon 
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  Jake Berzon 

  

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  Born in Kiev, Ukraine, Jake Berzon spent his teens in Denver, Colorado. He graduated from the University of Colorado, Boulder with Bachelor degrees in Applied Math and Electrical Engineering/Computer Science. He continued his technical studies, received a master’s degree in Electrical... More

  • Company: International Quality Software Products, LLC
  • Blog: Stock Values

  
  It doesn't look good for Aflac and other insurances out there. They all have the same business model - they pretty much only make money on the time value of money that they invest (mostly in high grade corporate bonds). As ratings for their bond holdings collapse so do their earnings - scary stuff.

  2009 Feb 12 10:58 AM Reply
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  • R. Richard Schweitzer 
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  R. Richard Schweitzer 

  

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  R. Richard Schweitzer has yet to provide a bio.

  
  But, In the case of AFLAC, you have to consider that its reserves are in YEN; it's business is principally in Japan - big time

  2009 Feb 12 01:15 PM Reply