Some lucky debtors could find their debt abolished thanks to the Rolling Jubilee project, which buys up debt and wipes it out by writing it off. A recent test successfully erased $14,000 of outstanding debt with just $500. The project’s organizers are looking to expand nationally and are looking for investors. With just $50,000, organizers figure they can wipe out $1 million worth of debt.
FBL and Gen Re also have changes to announce.
The company says it disagrees with New York about how to account for LTCI rate increases.
The earnings figure securities analysts care about went up.
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