Bill Could Lift Reverse Mortgage Volume Cap
By Steve TuckeyBill Could Lift Reverse Mortgage Volume CapThe U.S. House of Representatives is considering a bill, H.R. 2892, that could eliminate volume caps on reverse ...
June 27, 2005
Lawmakers: Social Security Shortchanges WomenLawmakers: Social Security Shortchanges WomenThe Social Security retirement insurance program could run into serious financial problems in the future, but many retirement planning experts ...
June 27, 2005
Legg Mason Buys Citigroup's Asset Management BusinessLegg Mason Inc (LM) and Citigroup Inc (C) announced a $3.7 billion deal under which Citigroup will trade substantially all its asset management business for...
June 27, 2005
T. Rowe Price Expands Retirement Fund RosterT.Rowe Price Group (TROW) has introduced a new mutual fund for people who are saving for retirement, increasing its roster of those funds to ten. The...
June 27, 2005
ACLI Board OKs Principle-Based ApproachThe American Council of Life Insurers is urging state insurance regulators to come up with a principle-based approach for evaluating life insurance company reserves ...
June 27, 2005
Shelley To Lead American Community HSA EffortAmerican Community Mutual Insurance Company has hired L. Craig Shelley to be the senior vice president in charge of its consumer choice division.[@@]American Community, ...
June 27, 2005
Ohio Sues MDL Over Hedge Fund LossesCOLUMBUS, Ohio (HedgeWorld.com)--Ohio Attorney General Jim Petro filed a lawsuit Friday [June 10] accusing investment manager MDL Capital Management Inc., its chief executive Mark D. Lay and seven other defendants of fraud, conspiracy, breach of fiduciary duty and breach of contract in connection with a hedge fund investment that went...
June 27, 2005
How to Play a Revival in Large CapsStandard & Poor's had been forecasting that large-cap stocks would begin leading the market some time this year, and they were starting to do just...