sacredhands on Nov 8th, 2007Did Your Pension Fund Buy Sub-Prime Investment Vehicles?
Newsflash: “Analysts said the alarming write-downs at a handful of Wall Street firms could pale in comparison to the possible damage from shaky paper striking at the heart of assets held by insurance giants, mutual funds and big pension funds.”
If you thought only guys like casino owner Steve Wynn were allowed to gamble away fortunes [...]
sacredhands on Oct 3rd, 2007Long Term Care Insurance Providers Grilled by Chef Charles Grassley
How refreshing to see Senator Charles E. Grassley of Iowa actually using his position of power to pester those long-term care insurance companies who love to collect premiums but often fall short when when it comes to paying out after the insured winds up in the nursing home. The racket of collecting huge premiums and [...]