Posts Tagged ‘guarantees’

Nationalized Citibank Pays $3.5 Million Bonus to Brokers

Monday, March 9, 2009 13:01 3 Comments

Nationalized Citi disclosed that they spent about $3.5 million to provide rewards for top-performing advisers at its Smith Barney brokerage unit.
Smith Barney’s, the brokerage firm owned by Nationalized Citi,  gave its top 500 stock brokers $3,000 debit cards, according to a by the New York Post. The next 500 brokers received cards for $2,000 [...]

This was posted under category: Bailout Tags: , , , , , , , ,

Too Big to SAVE?

Monday, March 2, 2009 16:26 3 Comments

We hear much about institutions being too big to fail, and so, the taxpayer is expected to bear any cost to save large financial companies. We think that the more relevant question to ask is whether these institutions are too big to save?
With the passage of the most recent bailout bill, the taxpayer is now [...]

This was posted under category: Bailout, Economy, Politics, Special Reports Tags: , , , , , , , , , , , ,

Clinton Asks China to Keep Buying US Treasuries

Monday, February 23, 2009 7:52 1 Comment

Hillary Clinton has asked China to keep buying U.S. debt and to work with Washington in combating the global economic crisis. Clinton was speaking Sunday before leaving Beijing at the end of a four-nation tour of Asia — her first overseas trip since taking office.
Clinton urged that buying treasuries would be in China’s interest as [...]

This was posted under category: Bailout, China, Treasury Tags: , , , , , , , , , , , ,

The Coming Annuity Crisis: Will You be a Casualty?

Wednesday, November 19, 2008 22:25 4 Comments

Are you one of the millions of Americans that has a portion of their retirement assets in annuities? If so, you MUST read this.
Thanks to their hefty brokerage commissions, annuities have become one of the most widely sold and marketed financial products in the US today. Variable annuities have upfront sales costs which range from [...]

This was posted under category: Annuities, HIG, Insurance Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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