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COLUMN-Business Development Companies: High yield, high risk
ReutersBy John Wasik CHICAGO, May 17 (Reuters) - In a frantic search for yields, investors often turn toward relatively unknown products. Business Development Companies (BDCs) are one of latest vehicles to grab investor attention - and money. BDCs are...Tags: Economy, Business and Finance, Credit Ratings, Ratings, Agriculture, Financial Markets
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Column: Business Development Companies - High yield, high risk
ReutersCHICAGO (Reuters) - In a frantic search for yields, investors often turn toward relatively unknown products. Business Development Companies (BDCs) are one of latest vehicles to grab investor attention - and money. BDCs are companies that lend to young,...Tags: Economy, Business and Finance, Credit Ratings, Ratings, Agriculture, Personal Finance
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Tribal leader wants boycott of South Dakota city
CHAMBERLAIN, S.D. (AP) — The chairman of the Crow Creek Sioux Tribe is calling for an economic boycott of Chamberlain after the school board in the southeastern South Dakota city refused to allow a tribal honoring song during Sunday's graduation...Tags: Dwayne Johnson, Graduation, Human Interest
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Manager pleads guilty in Allentown mortgage fraud case
The manager of an Allentown mortgage company who obtained fraudulent loans worth $1.5 million has pleaded guilty in federal court. Joel Tillett, 36, of Whitehall Township admitted to conspiracy and forging loan documents to ensure clients' mortgage...Tags: Federal Deposit Insurance Corporation, Allentown, Lawyers, Whitehall, Justice System
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Bloomberg appoints former IBM chief to advise on data issues
ReutersBy Jennifer Saba NEW YORK, May 17 (Reuters) - Bloomberg LP appointed former IBM Chairman and CEO Samuel Palmisano as an independent adviser on security and data issues, as the company seeks to address customers' concerns about possible breaches in the...Tags: Computing and Information Technology Industry, Business Enterprises, American Express Company, Samuel J. Palmisano, Finance
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Schwab reverses ban on client class-action lawsuits
ReutersBy Jed Horowitz May 16 (Reuters) - Charles Schwab Corp has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs'...Tags: Arbitration, Charles Schwab, Justice System, Crime, Law and Justice, Securities
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When short sales leave sellers short
Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a...Tags: Economy, Business and Finance, Freddie Mac, Consumers, Fannie Mae, Housing Industry
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Florida court rules state time limits apply to securities arbitration
ReutersMay 16 (Reuters) - Florida's statute of limitations can apply not only to court proceedings, but to securities arbitration cases between investors and their brokers, the Florida Supreme Court ruled Thursday. The ruling, in favor of Raymond James...Tags: Economy, Business and Finance, Arbitration, Justice System, Crime, Law and Justice, Raymond James Financial Incorporated
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INTERVIEW-Liechtenstein open to bank data exchange talks with EU
Reuters* Secrecy helped create big Liechtenstein banking industry * Financial sector in crisis over global clampdown on tax evasion * Hope EU would accept British-style amnesty deal * Budget cuts raise questions over prized political stability By Emma...Tags: Economy, Business and Finance, Swiss Confederation, Government, Austria, National Government
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Liechtenstein open to bank data exchange talks with EU
ReutersVADUZ (Reuters) - Liechtenstein is reluctantly prepared to discuss exchanging data on bank clients in response to a new European Union push for more transparency from the secretive principality and other tax havens, its prime minister said. "We have...Tags: Economy, Business and Finance, Swiss Confederation, Government, Austria, National Government
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Windsor's SummerWind To Offer 'Hassle-Free' Friday Concerts
The Hartford CourantThe upcoming SS&C SummerWind Performing Art Center season will begin May 31 with a new feature called Fridays at 5, described as a casual, inexpensive end-of-the-work-week concert series. The idea, SummerWind Executive Director Michael Campbell said, is...Tags: Economy, Business and Finance, Agriculture, Finance, U.S. Coast Guard
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Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51%
Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago. The survey, released Thursday by mortgage financier...Tags: Credit Ratings, Freddie Mac, Loans, Mortgages
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Aberdeen News
May 14, 2013
|Story| Allentown Morning Call
May 17, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 18, 2013
|Story| Hartford Courant
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 15, 2013
|Story| Hartford Courant
May 16, 2013
|Story| Los Angeles Times
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