Know your NM
In 2021 NM passed this $ milestone for in-force death benefit.
What is $2 trillion?
This crypto-currency trading firm recently declared bankruptcy after a 60% decline in crypto-currency values.
Who is FTX?
After he walked on the moon, this astronaut became a Professor of Aerospace Engineering at the University of Cincinnati from 1971 to 1979.
Who is Neil Armstrong?
This term describes securities that move in the opposite direction of an economic cycle.
What is countercyclical?
In 1971 the US abandoned the "_____ Standard" as the basis of value for the US dollar.
What is "Gold"?
This person was NM's CEO prior to John Schlifske.
Who is Ed Zore?
In 2009 this person pled guilty to perpetrating the largest private Ponzi scheme in history.
Who is Bernie Madoff?
Who is William Howard Taft?
This two word term describes the optimal risk versus return tradeoff of a portfolio(s).
What is an "Efficient Frontier"?
This author of the "Wealth of Nations" is considered the godfather of free market economics.
Who is Adam Smith?
Prior to 2001 NM's advisors were registered with this Broker Dealer
Who is Baird?
This venerable Wall Street firm declared bankruptcy in 2007 triggering the financial crisis of 2008.
What is Lehman Brothers?
This Cincinnati native and movie star lent his name to a successful fast food chain in 1968.
Who is Roy Rogers?
The average length of past bear markets (rounded to the nearest year).
What is 1 year? (289 days)
This two word term describes the benefits that are lost when choosing one option over another.
What is opportunity cost?
NM's industry leading share of the US personal life insurance market (+/- 1%).
What is 9%? (8 to 10 percent accepted)
Fraudulent accounting practices led to this energy firm's bankruptcy in 2001, the largest in US history.
What is Enron?
This sportscaster coined the catchphrase "and this one belongs to the Reds."
Who is Marty Brennaman
The price of this type of security is derived from one or more underlying assets.
What is a Derivative?
This French term describes an economic philosophy of free market economics that opposes government intervention.
What is Laissez-faire?
NM's 2021 rank in the Fortune 500 (+/- 3 spots)
What is 90th? (87 to 93 accepted)
The book and movie titled "The Big _____ " described the underlying causes of the 2008 financial crisis.
What is "The Big Short"?
Since her premature birth in January 2017, this little hippo has grown up in front of the world, thanks to near-daily updates from her care team at the Cincinnati Zoo & Botanical Garden.
Who is Fiona?
Former Fed chair Alan Greenspan used this two-word term to describe the growing internet stock price "bubble" in the late 1990s.
What is Irrational Exuberance?
The "_____ Curve" describes the concept that reducing tax rates will increase tax revenue by stimulating economic activity.
What is the "Laffer" Curve?