| How high can you go?
I AM old enough to remember the collapse of Estate Mortgage. Thousands of retirees lost their nest eggs through a mortgage trust that paid above-average income returns, invested in dodgy property developments and collapsed when the property market slowed. Sound familiar? While not a mortgage trust, the parallels with Fincorp are all there. The lure of high returns can be irresistible for self-funded retirees wanting to earn every dollar they can to pay for their retirement. But sometimes chasing the very top returns just isn't worth it. Also, it is imperative you understand where your money is going to earn that high return for you. A "term deposit" sounds safe but if your money is lent to property developers (who can't raise funds from traditional financiers) prepared to pay a higher interest rate, then the risk levels rise dramatically.
Benda Pharmaceutical, Inc. Reconstitutes Board and Appoints Two ...
Benda Pharmaceutical, Inc. ("Benda" or the "Company") (OTCBB: BPMA), a Chinese-based pharmaceutical company engaged in the development, manufacturing and distribution of medicines, active pharmaceutical ingredients and pharmaceutical intermediaries (bulk chemicals), announced today that Dr. Q.Y. Ma and Mr. Eric Yu have been appointed to serve on the Company's Board of Directors effective March 20, 2007. Dr. Ma, Director Dr. Ma has been the managing director of venture capital firm Time Innovation Ventures since 2000. Dr. Ma has more than eight years of experience in venture capital and private equity investment, M&A and project financing in mainland China. Dr. Ma served as an associate professor in the Department of Electrical Engineering at Columbia University and in the Department of Radiology at Harvard Medical School from 1994 to 2005.
Enhanced Investment Options Added to The AIM College Savings Plan(R)
HOUSTON-(Business Wire)-March 26, 2007 - AIM Investments announced today that it has made several important enhancements to The AIM College Savings Plan. The changes, which take effect today, include new allocation investment options and lower expenses. .
Penn Treaty American Files Audited 2005 Financials & Form 10K - Final
OPERATOR: Ladies and gentlemen, thank you for standing by. Welcome to the Penn Treaty investor's update conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Instructions will be given at that time. [OPERATOR INSTRUCTIONS] As a reminder, this conference is being recorded. I would now like to turn the conference over to our host, Mr. Cameron Waite. Please go ahead. CAMERON WAITE, EVP STRATEGIC OPERATIONS, PENN TREATY AMERICAN CORP: Thank you very much. Welcome, everyone. We are very happy to have you join us this afternoon. I'm here with Bill Hunt, our President and Chief Executive Officer; and Mark Cloutier, Executive Vice President and Chief Financial Officer. Before we begin today with Mr. Hunt's remarks and then questions and answers following, I'd like to read a brief forward-looking language statement.
ICICI Bank volume growth will slow down: Emkay
Kashyap Jhaveri of Emkay Stock Broking feels that that the volume growth of ICICI bank will significantly slow down from the current level in time to come. He feels that in terms of margins, there would be barely any protection on a QoQ comparative basis, but on a YoY basis, there might be some expansion in a couple of banks. According to him State Bank of India, Bank of Baroda and Punjab National Bank are the banks to watch out for. Excerpts from CNBC-TV18's exclusive interview with Kashyap Jhaveri: Q: Would you say that for the sector as a whole both volumes and margins are likely to be under pressure because of the rate hikes, the CRR hikes and the provisioning norms getting tighter? A: I believe that in terms of volumes, we have already started seeing contraction.
Craig Crawford‘s 1600: 2008’s Hot New Topic
Even if this spring's roller-coaster weather doesn't put global warming on the national agenda for most Americans, the Supreme Court has now made sure the issue will be front and center in the presidential campaign. Last week, in a big blow to George W. Bush's firm stand against economic regulation, the court told the EPA to reconsider its longstanding decision against regulating carbon dioxide or other pollutants contributing to climate change. Essentially, the court told the administration it does in fact have powers it says it doesn't have. That has been a comfortable political position for Bush and many Republicans, who have long argued that it would harm the economy to impose mandatory controls on greenhouse gases — the emissions from cars, trucks and factories that trap heat close to Earth's surface.
ICMA-RC Introduces Suite of Investment Advisory Services to ...
WASHINGTON, April 2 /PRNewswire/ -- ICMA-RC today announced the introduction of a comprehensive suite of retirement investment advisory services under the banner Guided Pathways. The new program will allow participants to choose Asset Allocation Guidance, Fund Advice, or Managed Accounts services, depending on their individual retirement planning needs. "Guided Pathways gives our participants a program that can meet their distinct investment needs ranging from general asset allocation guidance to a comprehensive on-going account management service," said Joan McCallen, president and chief executive officer of ICMA-RC. "For us, it is yet another opportunity to help public sector employees build their retirement security." Guided Pathways offers all participants a personalized asset allocation and savings plan based on each participant's individual information.
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