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Money fund assets rose $29.06B in latest week
Published December 4, 2008, 2:31 pm, INO News
(AP:NEW YORK) Total money market mutual fund assets rose by $29.06 billion to $3.743 trillion for the week, the Investment Company Institute said Thursday.
Why Pension Funds Don't Buy Munis, and How They Could
Published December 3, 2008, 7:28 am, Financial Planning.com
By Eugene W. Harper, Jr. To stimulate investment in infrastructure and to boost domestic employment, Congress should permit pension fund purchasers of municipal bonds to reassign only the tax-benefit—the exemption feature—of those bonds to U.S. taxpayers seeking tax deductions.
Nutter again faces a crowd angry at budget cuts
Published December 2, 2008, 3:30 am, The Philadelphia Inquirer
For the second time in a week, Mayor Nutter stood before hundreds of angry Philadelphians last night and defended a series of steep budget cuts he made in response to the nation's deepening economic crisis.
Retire Smart: Safer funds better bet in later years
Published December 2, 2008, 1:04 am, The Columbus Dispatch
Q: I have a 457 tax-deferred government retirement plan with 25 percent in a 60/40 balanced fund, 25 percent in an extended market fund, 25 percent in an EAFE (foreign stock index) fund and 25 percent in a stock index fund. I'm down about 34 percent year-to-date.
The Investors Who Can’t Come in From the Cold
Published December 1, 2008, 4:19 am, New York Times
Regulators have made strides in forcing banks and brokerages to make good to investors on their broken promises about auction-rate securities. Yet some investors are still falling through the cracks, The New York Times’s Gretchen Morgenson writes in her latest Fair Game column.
Creating a year-end financial checklist needed added task
Published December 1, 2008, 3:02 am, Fort Worth Business Press
Now that we’re in the holiday season, you probably have much to do. Still, you may find it worthwhile to take on one more task: drawing up a year-end financial checklist.
Effort to attract jobs in high-tech draws fire
Published November 30, 2008, 11:13 pm, The Greenville News
COLUMBIA -- A group formed to jump-start the state's knowledge-based economy has discussed using the State Retirement Fund for knowledge-sector investments.
Another Wall Street problem that's hard to fix
Published November 30, 2008, 2:45 am, International Herald Tribune
A group of people, size unknown, has fallen through the cracks in the settlements involving auction-rate securities, and for several quirky reasons. They remain frozen in the securities and understandably upset.
The investors who can't come in from the cold
Published November 30, 2008, 12:45 am, International Herald Tribune
Life is unfair, as the saying goes, but for investors still stuck in auction-rate securities, the inequities keep on coming.
Consultant offers suggestions for downtown Kingsport development
Published November 29, 2008, 5:10 pm, Kingsport Times-News
KINGSPORT — A redevelopment specialist is recommending the city of Kingsport create a dedicated downtown development office and develop materials to better market and promote the incentives for the downtown area.
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