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Latest News in Life Insurance - Sep 18, 2008

September 18, 2008

Ohio law bans life-insurance scam against seniors - Mansfield News Journal

18 Sep 2008 at 3:26am
COLUMBUS, Ohio (AP) — A new state law prohibiting a life-insurance investing scheme to make money off senior citizens when they die went into effect Sept. 11. The law bans so-called Stranger Originated Life Insurance, or STOLI, transactions. Ohio …

Action: Insurance money on the way after frustrating search for … - St. Pe…

16 Sep 2008 at 6:45pm

Q: Years ago, a friend told me she’d made me the beneficiary of one of her insurance policies, and she gave me an envelope that I put away until she passed away in May. I finally looked inside the envelope and found forms and correspondence for a …

Opportunities In Life Settlements - Insurance News Net

15 Sep 2008 at 5:56pm
Copyright 2008 Penton Business Media, Inc.All Rights Reserved Prism Insight Registered Rep. Online Exclusive September 16, 2008 1553 words Opportunities In Life Settlements By Alan Lavine As more baby boomers retire, opportunities are growing …

McCain’s sudden conversion to economic populism - San Francisco Gate

17 Sep 2008 at 6:33am
Gag me with a spoon as Valley girls used to say. Did you see that McCain-Palin ad promising “tougher rules on Wall Street to protect your life savings, no special interest giveaways?” Just how dumb do they think we are? Seriously, 20 minutes of …

Market upheaval is result of the failure to regulate - Corpus Christi Caller

18 Sep 2008 at 7:15am
All the economic news this week has been grim: the federal bailout Tuesday of the insurance giant AIG, the bankruptcy of Lehman Brothers, and the forced sale of Merrill Lynch. Before that, there was the government takeover of Fannie Mae and Freddie …

Texas Court Poised to Rule on Planned-Gift Lawsuit - Chronicle of Philanthropy

17 Sep 2008 at 8:42am
A Texas court is poised to rule on a lawsuit against the National Heritage Foundation, a Virginia charity that was one of the leading promoters of a controversial giving technique that was effectively abolished by a 1999 law. The lawsuit claims that …

Eight tips for grandparents raising grandchildren - Montana Standard

12 Sep 2008 at 5:59pm
CHICAGO — A lack of experience is not generally a problem for grandparents who find themselves raising their grandchildren. They probably haven’t forgotten the basics. But taking the right precautions and making all the necessary financial and …

Obama: Find Your Inner Populist - Nation

17 Sep 2008 at 10:08am
Robert Scheer is the editor of Truthdig , where this article originally appeared. His latest book is The Pornography of Power: How Defense Hawks Hijacked 9/11 and Weakened America (Twelve). Gag me with a spoon, as Valley girls used to say. Did you …

Responses to your financial questions - WWMT

16 Sep 2008 at 3:24pm

(NEWSCHANNEL 3) – Tuesday evening, Newschannel 3 had a Certified Financial Planner, Jessica Hall from Portage based Zhang Financial, in the station, answering viewers e-mails about financial questions in the wake of Wall Street’s recent …

Nader Ponders Run, Calls Clinton ‘Coward’ - Common Dreams

17 Sep 2008 at 3:09pm
Ralph Nader says he is seriously considering running for president in 2008 because he foresees another Tweedledum-Tweedledee election that offers little real choice to voters. “You know the two parties are still converging — they don’t even debate …

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