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News For: Variable AnnuitiesThe Dow Jones Is Getting Revitalized SAN DIEGO - Hello Philadelphia cream cheese and good-bye variable annuities! Editors of the Wall Street Journal have decided to replace AIG with Kraft Foods which leaves the Dow somewhat "unbalanced". Wisconsin insurance commissioner urges caution about AIG annuities Wisconsin Insurance Commissioner Sean Dilweg is urging insurance consumers today to be cautious about replacing or liquidating their annuities, particularly those that may be underwritten by the AIG insurance companies, despite the current volatility in financial markets. Interbank loans at standstill Lending between banks ground to a standstill this week in a graphic illustration of the scale of the crisis in the financial markets. Money market rates were pushed higher, raising funding costs for home owners and companies that borrow money at variable rates of interest. PRESSESTIMME B��RSEN-ZEITUNG / Ende der US-Investmentbanken DJ PRESSESTIMME B��RSEN-ZEITUNG / Ende der US-Investmentbanken Regulierung richtig dosieren! Leitartikel zum Ende der ��ra der US-Investmentbanken ... Big savers find ways to ensure safety of deposits As the financial system reels from one disaster after another, financial planners, estate planners and bank officials say they've been receiving calls from panicked savers concerned about the safety of their deposits. The Federal Deposit Insurance Corp. guarantees bank deposits up to $100,000 per person, per insured institution. But what if you have a lot more cash than that? For years, savers ... Everybody's a Stakeholder Even 30 years ago, the financial troubles of investment banks would be of scant interest to the average working American. Autoriz�� Gil D��az venta de Banamex que provoc�� enorme quebranto fiscal Despu��s de siete a��os, documentos oficiales confirman la participaci��n directa de Francisco Gil D��az, cuando era titular de la Secretar��a de Hacienda y Cr��dito P��blico SHCP, en la incorporaci��n de Banamex Accival al trasnacional Citibank, proceso que cost�� al erario 35 mil millones de pesos unos 3 mil 500 millones de d��lares debido a que las partes involucradas realizaron la transacci��n en ... Breaking News: Banks Scrutinized for Unfair Lending Practices Breaking news: Action to be taken on behalf of all borrowers victimized by unfair banking practices. PRWeb Sep 21, 2008 Read the full story at http://www.prweb.com/releases/2008/09/prweb1362854.htm St George cuts fixed home loan rates St George cutting fixed rates by up to 25bp Fixed rates are lower than variable rates In-depth : The latest interest rates news and features The Analyst: The only safety is in the price you pay I have never seen markets like these; the mood can change rapidly from one minute to the next. Given the current environment I will revisit a fund I covered only recently: PSigma Income. I want to use it to reinforce the views I expressed last week that interest rates must come down. |