Hinchey retires; wife charged with DWI in Albany
Hours before U.S. Rep. Maurice Hinchey formally announced his retirement on Thursday, his wife was charged with drunken driving in Albany.
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Hinchey retires; wife charged with DWI in Albany
NY fund announces proposed fraud settlement
The New York State Common Retirement Fund has announced a proposed $168 million settlement of its securities fraud class-action lawsuit against National City Corp. alleging misrepresentations to investors.
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NY fund announces proposed fraud settlement
When the market’s up: Time to retire? Not so fast.
NEWARK, N.J.–(BUSINESS WIRE)–A new University of Missouri study, sponsored by Prudential Financial, on the timing of individual retirement decisions from 1992 to 2008 demonstrates that Americans are more likely to retire after periods of strong equity market performance, following the retirement of a spouse, or if they participated in a defined benefit (DB) pension plan. “The study clearly shows that the stronger the equity market performs over any period, the more likely it is that near-retir
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When the market’s up: Time to retire? Not so fast.
Fitch Downgrades Detroit, MI ULTGOs to ‘BB-’ & LTGOs to ‘B+’; Outlook Negative
NEW YORK–(BUSINESS WIRE)–In the course of surveillance Fitch Ratings has taken the following rating actions on the city of Detroit: –Approximately $453 million unlimited tax general obligation (ULTGO) bonds downgraded to ‘BB-’ from ‘BB+’;–Approximately $486 million limited tax general obligation (LTGO) bonds downgraded to ‘B+’ from ‘BB’;–Approximately $1.5 billion pension obligation certificates series 2005-A and 2006 A and B (Detroit Retirement Systems Funding Trust, MI) downgraded to ‘BB-
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Fitch Downgrades Detroit, MI ULTGOs to ‘BB-’ & LTGOs to ‘B+’; Outlook Negative
Allianz Life CEO Identifies America’s New Retirement Paradigm
MINNEAPOLIS–(BUSINESS WIRE)–Boomers by a 4 to 1 margin remain more attracted to guarantees for their retirement savings versus potential high returns with market risk, according to Allianz Life’s 2011 Reclaiming the Future study
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Allianz Life CEO Identifies America’s New Retirement Paradigm
Prudential Annuities launches new variable annuity: Prudential Premier Retirement
NEWARK, N.J.–(BUSINESS WIRE)–Beginning today, Prudential Annuities is offering a new variable annuity, Prudential Premier Retirement, through financial services firm Edward Jones. The new annuity will be offered with Prudential Annuities’ Highest Daily® optional living benefits for an additional cost. Prudential Premier Retirement combines some of the most attractive features of a traditional A and B share variable annuity such as lower charges for higher investment amounts and immediate inves
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Prudential Annuities launches new variable annuity: Prudential Premier Retirement
BlackRock Closed-End Funds Announce Appointment of New Director/Trustee
NEW YORK–(BUSINESS WIRE)–The BlackRock Closed-End Funds (each a “Fund” and collectively, the “Funds”) announced today that Mr. Michael J. Castellano has been appointed by the Board of Directors/Trustees of each Fund to serve as an independent director/trustee of each of the Funds, effective April 14, 2011. In addition, Mr. Castellano was appointed to the Audit Committee of each of the Funds. Mr. Castellano served as Chief Financial Officer of Lazard from August 2001 until his retirement at the
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BlackRock Closed-End Funds Announce Appointment of New Director/Trustee
(WWE) WWE Taping NXT & Smackdown Tonight From Albany, NY
– WWE will tape Smackdown & NXT tonight from Albany, NY. World Heavyweight Champion Edge will relinquish his championship after announcing his retirement on Monday Night Raw. Edge was scheduled to defend the title against Alberto Del Rio at Extreme Rules on May 1st.
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(WWE) WWE Taping NXT & Smackdown Tonight From Albany, NY
SunAmerica Closed-End Funds Announce Appointment of New Director and Chairman of the Board
JERSEY CITY, N.J.–(BUSINESS WIRE)–SunAmerica Focused Alpha Growth Fund, Inc. (NYSE:FGF) and SunAmerica Focused Alpha Large-Cap Fund, Inc. (NYSE:FGI) (each a “Fund” and collectively, the “Funds”) announced today that Mr. Richard W. Grant has been appointed by the Board of Directors of each Fund to serve as a director and chairman, effective April 1, 2011. Mr. Grant is being appointed to fill the vacancy created by the retirement of Mr. Samuel M. Eisenstat, which became effective as of the close
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SunAmerica Closed-End Funds Announce Appointment of New Director and Chairman of the Board
Americans worry about the need for long-term care but fail to prepare
NEWARK, N.J.–(BUSINESS WIRE)–As retirement savings have taken a serious hit in the last few years, the cost of long-term care services has continued to rise, causing many Americans to doubt their ability to pay for the services they may need in the future. Prudential’s recent study, Long-Term Care Insurance: A Piece of the Retirement & Estate Planning Puzzle, finds 71 percent of those surveyed are concerned about the possibility of needing extended care service. Yet, 63 percent do not have
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Americans worry about the need for long-term care but fail to prepare
