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  "documentTitle": "Manulife Financial Corporation (MFC)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
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  "presentationDate": "2018-10-04 00:00:00",
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  "notes": "The table highlights how changing the guaranteed rate and bond yield assumptions significantly alters the estimated financial loss.",
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      "text": "After-Tax Loss per $100 million: -$45.26 million",
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      "kind": "paragraph",
      "text": "medium-term bonds. We believe if Rehbeli had taken this into account, Manulife's potential losses could be even higher per $100 million. We have restated Rehbeli's assumptions in table format and footnoted our assumptions.",
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      "kind": "source-note",
      "text": "1 Assumes a 4.5% guaranteed rate... 2 Assumes a guaranteed rate of 4.0%... 3 The 10-Year A bond yield is based on Muddy Waters's estimates...",
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      "text": "Comparison of Rehbeli vs Muddy Waters assumptions on deposit size, rates, and losses.",
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