E*TRADE Financial Names New General Counsel
Inside Counsel Jul 3 2009 8:16AM GMT
Evian's Breakdancing Babies Put eTrade's Wise Ass Babies to Shame
Adrants Jul 3 2009 6:03PM GMT
Beacon To Roll Out First Electronic CMBS Trading Platform
Real Estate Finance & Investment Jul 3 2009 12:39PM GMT
Online Brokers Info - Sponsored Link
Ad - www.info.com Jul 3 2009 6:03PM GMT
Open Text Helps Canopius Lead The Way In Electronic Trading
IT-Analysis.com Jul 3 2009 2:44PM GMT
The family of American actor David Carradine has asked the FBI to help investigate his death.
Abclocal.go.com - Sat Jun 6, 02:32 pm GMT
Kenner police investigate botched armed robbery
Nola.com - Sat Jun 6, 03:36 pm GMT
Carradine's Family Wants FBI Investigation 21min
Wgal.com - Sat Jun 6, 02:56 pm GMT
Carradine's Family Wants FBI Investigation 1hr
Wgal.com - Sat Jun 6, 03:57 pm GMT
A Fort Lauderdale officer wounds man during undercover investigation
Sun-sentinel.com - Sat Jun 6, 03:04 pm GMT
Tips to make a hassle-free health insurance claim
Economictimes.indiatimes.com - Fri Jun 5, 01:10 pm GMT
Critic of W.Va. Medicaid plan gets federal post
Wvgazette.com - Fri Jun 5, 05:05 pm GMT
Bethesda-based Coventry sells Medicaid unit to Magellan for $110M
Baltimoresun.com - Fri Jun 5, 02:12 pm GMT
Sebelius Backs Public Health Insurance Option
Article.wn.com - Fri Jun 5, 11:13 pm GMT
Coventry sells Medicaid unit to Magellan Health Services for $110M
Seattletimes.nwsource.com - Fri Jun 5, 04:29 pm GMT
[Guidance Overview] Federal Court Denies ESOP Participant Claims for Breach of Fiduciary Duty (PDF)
3 pages. Excerpt: "In Blankenship v. Chamberlain, 2009 WL 1421201 (E.D. Mo. May 20, 2009), the court considered a complaint with five counts, including two claims for breach of fiduciary duty under ERISA (one for injunctive relief and one for monetary relief), a common law claim for breach of fiduciary duty, a claim under Missouri state law to remove the defendant as an officer of the company and a trustee of the ESOP, and a claim for an accounting." (Morgan, Lewis & Bockius LLP)
[Guidance Overview] Liquidity Issues for Plan Fiduciaries Relating to Securities Lending or Stable Value Funds
Excerpt: "Plan fiduciaries are currently facing various liquidity issues in connection with pension and 401(k) plans. There are two circumstances, in particular, where plan administrators are dealing with new and unexpected concerns: securities lending programs and stable value funds. Plan administrators have been surprised to learn that, in the current economic climate, what were once considered safe investments, may actually be quite volatile. As discussed in greater detail [in the target document], plan administrators should be aware of the current issues surrounding securities lending programs and the 'stability' of stable value funds." (The Metropolitan Corporate Counsel)
[Guidance Overview] ESOP Plan Sponsor Held Liable for Issuance of 10-Year Note to Satisfy Repurchase Obligation (PDF)
3 pages. Excerpt: "In a case recently decided by a federal district court in Indiana, Craig v. Smith, 2009 WL 438635 (S.D. Ind. Feb. 20, 2009), Ontario Corporation was held to have violated ERISA by issuing a 10-year promissory note in payment for shares that had been credited to the account of a former employee, Charles A. Craig, under the company's employee stock ownership plan (ESOP), as it violated the requirement that the term of any note issued in satisfaction of a terminated ESOP participant's put right could not exceed five years." (Morgan, Lewis & Bockius LLP)
[Guidance Overview] Anheuser-Busch Sued Over QDIA Selection
Excerpt: "Anheuser-Busch has been hit with a federal court lawsuit alleging the beermaker and a trustee improperly designated an overly risky qualified default investment alternative (QDIA) for participants' cash proceeds from a stock sale. Employee David K. Parsons alleged that Anheuser-Busch was obliged under the Employee Retirement Income Security Act (ERISA) to pick a less risky QDIA in November 2008 to house funds in participants' accounts generated when InBev acquired Anheuser-Busch by paying shareholders $70 a share. Shareholders included participants who had built up blocks of stock through their pension plan. According to Parsons' complaint, which seeks class action status, Anheuser-Busch circulated a flyer to its employees just after the sale was completed telling them they would have until November 7 to choose an investment fund for the cash from their stock sale and that if they did not, the money would go to an 'Indexed Balanced Fund.'" (PLANSPONSOR.com; free registration required)
Securing the next generation of life cycle funds
Excerpt: "We think that financial providers, policymakers and plan sponsors should find ways to lower the volatility of life cycle offerings near retirement and enhance their ability to provide lifelong income reliably. Here are four steps that could create a more robust model for the next generation of life cycle funds." (Investment News; free registration required)
Interest Rate Roundup
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
Interest Rate Roundup
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
What moves interest rates?
If the federal funds rate doesn't move the needle, find out what affects mortgage, home equity, auto loan, CD and credit card rates.
Cut your own interest rates
No help from the Fed? Follow these tips to make your money go further.
Good times, bad times for 1st-time buyers
Buying a home was made very easy for first-timers several years ago. With prices at such low levels, are those loan packages still out there?
E*TRADE Financial Names New General Counsel
Inside Counsel Jul 3 2009 8:16AM GMT
Evian's Breakdancing Babies Put eTrade's Wise Ass Babies to Shame
Adrants Jul 3 2009 6:03PM GMT
Beacon To Roll Out First Electronic CMBS Trading Platform
Real Estate Finance & Investment Jul 3 2009 12:39PM GMT
Online Brokers Info - Sponsored Link
Ad - www.info.com Jul 3 2009 6:03PM GMT
Open Text Helps Canopius Lead The Way In Electronic Trading
IT-Analysis.com Jul 3 2009 2:44PM GMT
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