By Margaret Collins President Barack Obama on Feb. 1 called for a change in
government rules to allow adding annuities to 401(k) retirement plans. While
the annuities offer a steady stream of income in exchange for upfront payments,
the price for peace of mind may be higher fees and
Close Australian shares have closed lower, trimming their losses on the back of
gains in miners, but sentiment remained wary as investors fret over sovereign
debt troubles in the euro zone. At the close, the benchmark S&P/ASX200
index was down 16.3 points, or 0.4 per cent, at 4505.1,
Vero offers indemnity insurance to more than 60 per cent of WA's builders. (ABC
News: File photo) Map: Perth 6000 The MBA says Vero Insurance, which offers
indemnity insurance to more than 60 per cent of the state's builders has
indicated it will withdraw from the WA market
The Master Builders Association says the withdrawal of a company offering
indemnity insurance to West Australian home builders could lead to a crisis in
the industry. The MBA says Vero Insurance , which offers indemnity insurance to
more than 60 per cent of the state's builders
Thain, 54, becomes chairman and chief executive officer immediately, New
York-based CIT said yesterday in a statement. The century-old firm had been led
by Jeffrey Peek , another former Merrill Lynch executive, from July 2004 until
Jan. 15, when Peek stepped down and board member Peter
Thain, 54, becomes chairman and chief executive officer immediately, New
York-based CIT said yesterday in a statement. The century-old lender had been
led by Jeffrey Peek , another former Merrill Lynch executive, from July 2004
until Jan. 15, when Peek stepped down and board member Peter
Thain, 54, becomes chairman and chief executive officer immediately, New
York-based CIT said yesterday in a statement. The century-old lender had been
led by Jeffrey Peek , another former Merrill Lynch executive, from July 2004
until Jan. 15, when Peek stepped down and board member Peter
“The position for most countries is to support the economies now and get the
budget deficit down as the economy recovers,” U.K. Chancellor of the Exchequer
Alistair Darling said in an interview in Iqaluit, Canada, where G-7 finance
ministers and central bankers concluded talks on Feb.
Feb. 8 (Bloomberg) -- John Thain , the ousted chief of Merrill Lynch & Co.,
was named to lead CIT Group Inc. , the commercial lender that emerged from
bankruptcy in December, after almost a four-month search for a replacement.
Thain, 54, becomes chairman and chief executive officer
“The position for most countries is to support the economies now and get the
budget deficit down as the economy recovers,” U.K. Chancellor of the Exchequer
Alistair Darling said in an interview in Iqaluit, Canada, where G-7 finance
ministers and central bankers concluded talks on Feb.
Close Australian shares have closed lower, trimming their losses on the back of
gains in miners, but sentiment remained wary as investors fret over sovereign
debt troubles in the euro zone. At the close, the benchmark S&P/ASX200
index was down 16.3 points, or 0.4 per cent, at 4505.1,
