September 2007 - Posts
The New York Times, September 30th, 2007SOMETHING went badly wrong in the subprime mortgage market. In fact,
several things did. And now quite a few homeowners, investors and
financial institutions are feeling the pain. So far, harried policy
makers
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Philadelphia Inquirer, September 26th, 2007The contract agreement that ended a 41-hour strike against General
Motors Corp. may transform the competitive landscape of the U.S. auto
industry as it struggles to compete against efficient Japanese rivals.
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Health Day News, September 26th, 2007A tremor is an uncontrolled, involuntary,
rapid movement of a muscle, and can be caused by a medication or certain
conditions such as Parkinson's disease.Here are common signs of tremor, courtesy of the U.S. National
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Associated Press, September 26th, 2007The Senate has voted to allow the Pentagon to raise reimbursement
rates for mental health treatment, following reports that soldiers
returning from war have had difficulty getting services because of
reduced payments
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Science Daily, September 25th, 2007Mayo Clinic researchers have found that women who develop dementia
experience a decline in weight as many as 10 years prior to the onset
of memory loss, compared to peers who do not develop dementia.Findings will be
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The Wall Street Journal, September 25th, 2007Pension funds would seem unlikely candidates to have
been the superheroes of the summer's credit-markets turmoil. But an
exclusive group has been working below the public market's radar with
investment banks
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CNN Money, September 25th, 2007Question: I have a company managing my IRA, they charge a
high fee - up to 2.5 percent depending on the account. I see in their
quarterly report that they often don't beat the Lipper averages for
certain sectors. With
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Reuters, September 24th, 2007Getting an annual flu vaccine may
not save the lives of seniors, and health officials may want to
look at other ways to protect the elderly, researchers said on
Monday.No studies have conclusively proven that influenza
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Yahoo News, September 20th, 2007F. Scott Fitzgerald
once observed, "There are no second acts in American lives," but if he
were alive today, he might consider revising the quote. After a
lifetime in politics, Al Gore
won an Academy Award and has refashioned
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Health Day News, September 20th, 2007Too many Americans aren't
getting vaccinated for the flu, including those most at risk -- seniors,
children and health-care workers -- U.S. health officials warned
Wednesday.
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Information Week, September 19th, 2007
CIOs need to get skills assessment programs going in their
organizations now in order to deal with impending shortages of tech
talent in the years to come.
Sounds logical, but it's not as easy as it seems, says
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DS News, September 19th, 2007The U.S. House of Representatives
has passed a comprehensive FHA reform package, which aims to bring new
life back into the affordable housing sector and to assist troubled
borrowers by providing the market with federally-insured
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Los Angeles Times, September 13th, 2007Home prices fell in most Southern California neighborhoods and the
number of sales tumbled to a 15-year low for August -- driven down by
tougher lending standards, mounting foreclosures and skittish buyers.
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The New York Times, September 15, 2007The employment statistics and the bond market are combining to send out
a warning that has been heard only rarely in the past two decades: A
recession is coming in the United States.The two charts show the double
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CNN Money, September 13th, 2007Say this much for financial crises: They never stop coming, and they never last forever. For
proof, check out the U.S. pension system. A few years ago it seemed
headed for a crisis. Plans sponsored by S&P 500 firms
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CNN Money, September 12th, 2007The number of adjustable rate mortgages (ARMs) up for reset is set
to peak this fall, with an estimated $50 billion worth poised to adjust
to higher rates in October. The housing and credit markets are
bracing for another
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Yahoo News, September 11th, 2007Consuming what's known as a
Mediterranean diet -- one loaded with fruits, vegetables, grains and olive
oil -- may help Alzheimer's patients live longer, a new study
suggests.The observation comes after researchers tracked
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Reuters, September 11th, 2007Some elderly Americans simply stop
taking their prescribed drugs when insurance plans cease paying
for them, U.S. researchers reported on Tuesday.And when the benefits reset at the beginning of a new year,
many fail to
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The Motley Fool, September 11th, 2007Sometimes, you have to embrace risk in order to reach your goals.
When you can eliminate risk and still get where you want to go,
however, you have the best of both worlds.
When it comes to saving for retirement,
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Investment News, September 10th, 2007Financial advisers should consider talking to their elderly clients
about the advantages of selling their homes and moving in with
relatives as a way to reduce overhead expenses. This was among the points presented
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The Motley Fool, September 6th, 2007What is risk, anyway?
That question seems to have an obvious answer, but the idea of
"investment risk" is a lot more slippery than you might think. Can you
calculate it from the past volatility of an investment's
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Washington Post, September 5th, 2007
Less than a year before he died, Arthur Moyer converted his $500,000
life savings into a complex investment he could not tap for a decade
without incurring steep fees.
The 79-year-old former machinist from Pennsylvania
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Consumer Reports, September 5th, 2007It's the one financial question virtually all Americans will eventually face: When should you begin to collect your Social
Security benefits? If
you are eligible
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The Center for Retirement Research at Boston College, September 5th, 2007Introduction
Preparing for retirement is becoming more challenging for today’s
workers as traditional sources of income, such as Social Security and
employer-sponsored pensions,
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International Business Times, September 3rd, 2007Social Security is a federal benefits program the United States
developed in 1935. While the program encompasses disability income ,
veterans' pensions, public housing and even the food stamp program,
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The New York Times, September 2nd, 2007The breakup of the marriage brought Ina Chadwick heartache, guilt and
financial hardship. The divorce, she said, tore away from her
everything in her “Cinderella dream.” But the divorce she so ruefully speaks about
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Investment News, September 4th, 2007After years of being heralded as the next big thing in banking, reverse
mortgages have come into their own, morphing from a mom-and-pop
industry to big business in just the last six months. OAS_RICH("Middle");Genworth
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