“Business, Personal Finance, Technology, Employment news ... - Austin American-Statesman” plus 3 more |
- Business, Personal Finance, Technology, Employment news ... - Austin American-Statesman
- Your Debit Card May Be Your Worst Enemy - Associated Content
- Personal finance commitments rise 0.7% in February - The Age
- Robots are a man's best friend - WBOC
| Business, Personal Finance, Technology, Employment news ... - Austin American-Statesman Posted: 13 Apr 2010 07:38 AM PDT Home > The Ticker > Archives > 2010 > April > 13 > Entry Insurance commissioner acts against New Braunfels companyThe state insurance commissioner has taken action to stop a New Braunfels man and his investment business from engaging in fraudulent conduct related to sales of life insurance settlement contracts. Late last week, the insurance commissioner issued a cease-and-desist order against Richard Gray and his business Retirement Value LLC, accusing Gray of a range of insurance law violations for his role in selling investments in contracts that are paid off when a person with life insurance dies. Investors were promised returns of up to 16.5 percent. The insurance commissioner's action followed a similar action against the company in late March by the Texas Securities Commission, which said the fraudulent acts committed by Gray's business may have affected as many as 800 investors who were expected to contribute as much as $100 million in investments to the company by the end of April. The insurance commissioner, in an order issued last Friday, accused Gray and Retirement Value of selling life settlement contracts to investors that were not properly registered. It also accused them of engaging in unauthorized insurance business and committing fraudulent acts. The order also accused another business, Midwest Medical Review, of improperly issuing underwriting certificates that estimated the life expectancy of the insured people covered by the life insurance policies. Those certificates were improperly used, the insurance commissioner claimed, in selling the life insurance settlement contracts. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Your Debit Card May Be Your Worst Enemy - Associated Content Posted: 13 Apr 2010 08:14 AM PDT Like most other people, you probably enjoy it when things are easy and convenient. Most days it seems as though time is really at a premium, and you may feel like you are rushing from one task to another just to get to the end of your day. One convenience many people use today is a debit card. Almost wherever you are now, you can simply hand the person or machine assisting you a card, and the money comes out of your bank account, with no muss or fuss. You no longer have to make sure you have enough cash, or go through the hassle of writing a check and balancing a checkbook. Just swipe and go! There are downfalls to using your card for the majority of your purchases, however. The ease of not having to balance a checkbook is tempered by the fact that you may not really be keeping track of how much money you are really putting out every day. It can be very easy to forget that quick $4.00 cup of coffee when you do not have to actually see the money being spent, like you would with cash. It is extremely easy to be careless with money when you do not have to do a quick mental check and balance of 'how much do I have' vs 'how much do I want this particular item'. When you do not have to think about your spending, quite simply, it is very easy to not think about your spending. As a quick exercise, I recommend pulling up your most recent bank statement. While looking through the purchases you have made in the past month, note which ones were necessary and which ones were impulse buys. You may be surprised at how much goes out each month just on a simple whim. Think of your last trip to the grocery store, and try to count how many items you would not have purchased or considered crucial had you gone to the store with a set amount of cash in your hand. That is truly the cost of convenience. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Personal finance commitments rise 0.7% in February - The Age Posted: 12 Apr 2010 08:04 PM PDT Total personal finance commitments rose 0.7 per cent in February, seasonally adjusted, to $6.988 billion, from $6.943 billion in January, the Australian Bureau of Statistics (ABS) said on Tuesday. Total commercial finance was up 5.6 per cent in February, seasonally adjusted, to $28.082 billion, from $26.581 billion in January. Lease finance was up 0.8 per cent in February to $365 million, compared with $361 million the month before. Housing finance for owner occupation fell 4.4 per cent to $14.085 billion in February from $14.740 billion in January. AAP Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Robots are a man's best friend - WBOC Posted: 13 Apr 2010 10:44 AM PDT On the job tech gets toughIf your devices take a beating, it's time to consider new, heavy-duty cell phones, computers and cameras. More>> Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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