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December 16, 1992 | KATHY M. KRISTOF
Every year at this time, Mitchell Kauffman starts calling his clients, reminding them that it's time to review their savings and investment plans. Year-end reviews can be onerous simply because they come at a tumultuous time, but they are equally necessary, according to the Pasadena-based financial planner. By acting now, you may be able to diminish your tax liability, Kauffman notes.
September 21, 1991 | From Religious News Service
Ask and ye shall receive. That is a lesson the Evangelical Lutheran Church in America has learned--a lesson that could prove valuable to the 5.2-million-member denomination, which has run up sizable deficits each fiscal year since its founding in 1988. In August, 1990, 13 congregations had to put their building plans on hold because the church's property and building loan fund had simply run out of available cash. But now, a year later, no one has to wait.
July 19, 2001 | From Times Staff, Wire Reports
The second of Orange County's two $20-million Edison International investments in an educational investment pool was paid in full Wednesday, ending what county Treasurer John M.W. Moorlach called six months of "crisis management." Moorlach, criticized by some earlier this year for investing $40 million in school money in the utility despite the state's energy crisis, said all principal and interest payments were made on schedule.
June 22, 2007 | From Times Wire Services
The International Trade Union Confederation, which represents workers in 135 countries, warned pension funds about investing in private equity and hedge funds, calling for greater regulation of the industry. Private equity funds don't generate better long-term returns than other investments, the Brussels-based group asserted in a statement Thursday, citing research by the University of Amsterdam.
February 3, 1992 | TOM PETRUNO
The 1990s seem to be as much about thrift as the 1980s were about debt. So why is California now on a borrowing binge? The simple answer is that the voters decided over the last few years that some things were worth buying on credit: more schools, more mass transit, more prisons and more parks. The use of 10- to 20-year bonds to fund such projects is partly an outgrowth of Proposition 13 and the limits on the taxing power of local authorities.
February 14, 2006 | From Bloomberg News
General Motors Corp. plans to announce today that it's investing $500 million in five Michigan factories, a person familiar with the plan said Monday. GM, the world's largest automaker, will make the investments in a Cadillac assembly plant in Lansing, an engine factory in Romulus, a transmission factory in Willow Run and a stamping operation and truck assembly plant in Pontiac, the person said. Cadillac's U.S.
May 24, 2000 | INDRANEEL SUR
Scam artists pushing phony investments can be very aggressive in their pitches on the telephone, through the mail or on the Internet. State regulators say it's always best to take a step back and ask a few questions before trusting someone else with your money. * Who is this salesperson? Be especially cautious about purported investment advisors who call you "cold" on the telephone, arrive uninvited at your doorstep or send you materials you did not request.
January 29, 1997 | DAVID HALDANE
The Orange County Transportation Authority has suspended for a year the services of a New York investment firm for allegedly violating investment policies enacted to assure the agency's financial security in the wake of the county's bankruptcy.
March 9, 1992 | TOM PETRUNO
Are you baffled by the economic signals? Wondering why the stock market is going down if things are finally getting better? Worried about a new rise in interest rates? Anyone trying to make investment decisions this year has been buffeted by some surprising crosswinds in financial markets. It's a confusing and potentially dangerous period for investors. But maybe things are less complicated than they seem.
November 21, 1991 | KATHY M. KRISTOF
With the stock market having taken a wild roller-coaster ride this past week, it makes sense for investors to rethink their investment strategies. This is not necessarily a time for change. But it is an opportunity to consider whether all the reasons that spurred you to invest in the past still hold true, or whether there are suddenly new reasons to invest that were not there before.
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