Jeremy Gold, Actuary Who Warned of Pension Crisis, Dies at 75 [The New York Times]
Morgan Stanley (MS)
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Source: The New York Times
Image Jeremy Gold in 2015. He questioned the conventional wisdom on financing pensions and embarked on a mission “to save my profession.” Credit Cole Wilson for The New York Times By Mary Williams Walsh July 13, 2018 Jeremy Gold, an actuary who more than 25 years ago warned of the financial debacles now slowly playing out among the cities and states that sponsor pension plans for their teachers, police officers, bus drivers and other workers, died on July 6 in Manhattan. He was 75. The cause was myelodysplastic syndrome and leukemia, his son, Jonathan, said. In 1985, Mr. Gold became one of the first American actuaries to work on Wall Street, straying from the profession’s typical career track in insurance and consulting. It was the heyday of the corporate raid, when high rollers like Carl Icahn and T. Boone Pickens were buying up companies, firing the managers, turning everything upside down and reveling in the shareholder value they claimed to have creat
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