http://schoolofthought.com/wp-content/uploads/2010/01/MILLIMAN-MORTGAGE-CRISIS-FIN_w_open.flv
BEFORE THE CRISIS, A PREDICTION.
The Story
Our agency began when we landed the account of Milliman, a $700+ million dollar actuarial consulting firm which few people have heard of. (Hence, the need for us). Banks, however, number among their clients, and as far back as 2003, the Milliman consultants began to see signs of trouble in the housing market.
A dangerous, statistically unlikely event—the tail on the curve, in actuarial speak—posed grave dangers, which the Milliman team relayed.
About two years ago, we filmed the consultants who were ahead of the curve, and put together this still-topical story.





