Barry Finkelstein - Purchase NY, US Brian Barrett - Irvington NY, US Steve Padovano - Fair Haven NY, US Linda Lowry - Brooklyn NY, US Marlene Debel - Woodbury NY, US Eric Steifman - New York NY, US Thomas Visone - Milbourn NJ, US John Fromholtz - Leonia NJ, US Russell Stein - Englewood Cliffs NJ, US
Assignee:
Merrill Lynch & Co., Inc. - New York NY
International Classification:
G06Q 40/00
US Classification:
70503600R
Abstract:
A first trust sells a credit derivative to a second trust, and in this way provides for funding of the second trust and thus provides bankruptcy protection to the second trust. The first trust sells notes linked to the credit of a sponsor. With the proceeds the first trust purchases bonds with very little risk, such as US treasury bonds. At the end of a specified period, such as five years, and in the absence of a bankruptcy of the sponsor, the first trust liquidates the bonds and redeems the notes. In the event of a bankruptcy of the sponsor, the bonds are liquidated and a predetermined portion, such as two-thirds, of the proceeds arc used to redeem the notes, while the remainder of the proceeds are transferred to a second trust pursuant to the credit derivative. The second trust funds indemnification and defense-like protection for the directors and officers of the sponsor. In the event that proceeds remain after claims are processed, the remainder is donated to a charity.
Method And System For Supplementing Directors' And Officers' Insurance
Barry Finkelstein - . NY, US Brian Barrett - Irvington NY, US Steve Padovano - Fair Haven NY, US Linda Lowry - Brooklyn NY, US Marlene Debel - Woodbury NY, US Eric Steifman - New York NY, US Thomas Visone - Millburn NJ, US John Fromholtz - Leonia NJ, US Russell Stein - Englewood Cliffs NJ, US
International Classification:
G06F017/60
US Classification:
705035000
Abstract:
A first trust sells a credit derivative to a second trust, and in this way provides for funding of the second trust and thus provides bankruptcy protection to the second trust. The first trust sells notes linked to the credit of a sponsor. With the proceeds the first trust purchases bonds with very little risk, such as US treasury bonds. At the end of a specified period, such as five years, and in the absence of a bankruptcy of the sponsor, the first trust liquidates the bonds and redeems the notes. In the event of a bankruptcy of the sponsor, the bonds are liquidated and a pre-determined portion, such as two-thirds, of the proceeds are used to redeem the notes, while the remainder of the proceeds are transferred to a second trust pursuant to the credit derivative. The second trust funds indemnification and defense-like protection for the directors and officers of the sponsor. In the event that proceeds remain after claims are processed, the remainder is donated to a charity.
Name / Title
Company / Classification
Phones & Addresses
Marlene B. Debel President
SAFEGUARD HEALTH ENTERPRISES INC Hospital/Medical Service Plan
13045 Tesson Fry Rd #AREAB102, Saint Louis, MO 63128 1095 Ave Of The Americas Tax, New York, NY 10036 1095 Ave Of The Americas, New York, NY 10036 949 425-4300
Marlene B. Debel Director, President, President, Treasurer
METROPOLITAN TOWER LIFE INSURANCE COMPANY
13045 Tesson Fry Rd, Saint Louis, MO 63128 5400 Big Tyler Rd, Charleston, WV 25313 1095 Ave Of The Americas Tax, New York, NY 10036 1095 Ave Of The Americas Tax, New York, NY 10036
Marlene B Debel Treasurer
ENTERPRISE GENERAL INSURANCE AGENCY, INC
1095 Ave Of The Americas Tax DEPT , New York, NY 10036 220 Continental Dr, Newark, DE 19713 1095 Ave Of The Americas , New York, NY 10036 1095 Ave Of The Americas, New York, NY 10036
Marlene B. Debel Secretary, Treasurer, Vice President
DELAWARE AMERICAN LIFE INSURANCE COMPANY Insurance Services
13045 Tesson Fry Rd, Saint Louis, MO 63128 209 W Washington St, Charleston, WV 25302 1095 Ave Of The Americas Tax, New York, NY 10036 1095 Ave Of The Americas, New York, NY 10036
Marlene B. Debel Secretary, Treasurer, Vice President
MetLife Insurance Company USA Insurance Agent/Broker Accident/Hlth Insurance · Life Accident and Health Workmen's Compensation and Group Hospitalization Insurance
18210 Crane Nest Dr 3, Tampa, FL 33647 PO Box 990027, Hartford, CT 06199 18210 Crane Nest Dr, Tampa, FL 33647 5400 Big Tyler Rd, Charleston, WV 25313 860 656-3000
Marlene Beverly Debel Treasurer
METROPOLITAN P&C INSURANCE SERVICES, INC
1 Madison Ave %Area 8Ef, New York, NY 10010 1095 Ave Of The Americas, New York, NY 10036
Marlene B. Debel Treasurer
WALNUT STREET SECURITIES, INC Finance and Insurance · Security, Commodity Contracts and Similar Activity · Other Financial Investment Activities · Securities Brokerage & Insurance Sales · To Act As An Investment Adviser, Broker, Or A Dealer. · Telemarketing Services/Policyholders Consulting Services
200 N Sepulveda Blvd STE 1200, El Segundo, CA 90245 13045 Tesson Fry Rd, Saint Louis, MO 63128 1095 Ave Of The Americas, New York, NY 10046 5400 Big Tyler Rd, Charleston, WV 25313 314 525-6332, 314 525-5253, 314 244-9200
Marlene B Debel President, Treasurer, Treasurer
SAFEGUARD HEALTH PLANS, INC Inactive · Hospital/Medical Service Plan
95 Enterprise C/O Tom Dahlstrom, Aliso Viejo, CA 92656 13045 Tesson Fry Rd, Saint Louis, MO 63128 95 Enterprise, Aliso Viejo, CA 92656 5 Park Plz SUITE 1900, Irvine, CA 92614 949 425-4300
Youtube
Day One: Allyship in Action
... Michael Roberts, EVP & Chief Marketing Officer, MetLife; and Marle...
Duration:
32m 34s
Marlene Debel
bot do like.
Duration:
17s
Marlene debel Florian
Duration:
13s
deixe like
Duration:
20s
MARLENE DUMAS THE IMAGE AS BURDEN (Mini Docum...
In this video we see Marlene Dumas preparing for the retrospective exh...