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Investors bet on sellers' early demise
Post on 26-05-2006.
During the AIDS crisis of the 1990s, investors bought policies from terminally ill people who needed cash for medical care and living expenses in what came to be known as viatical settlements. But the market for viaticals largely dried up after investors got burned when AIDS patients started living longer. Now, "life settlements" have taken their place and the practice is booming. ...
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Campbell first Shark to win award
Post on 26-05-2006.
Lee Campbell of Gulf Coast earned one $10,000 scholarship Thursday night for capturing the 17th annual Winged Foot Scholar-Athlete Award
During his career, Lee Campbell has done plenty of hitting, on the wrestling mat and football field. Thursday night, however, everything hit him. Shock. Disbelief. And finally, one cascade of emotions. Photo Gallery ...
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Placing Your Bets
Post on 26-05-2006.
The Poker Face of Wall Street_ is one sprawling, idiosyncratic, and sometimes poker-obsessed book filled with nuggets about American history and finance, from poker in gold-mining camps to the deeds of picaresque Scottish adventurer John Law, who used card games to grease the wheels of commerce in France's Louisiana Territory. The book's thesis is that the gambling impulse is not only inextinguishable but positively good for the economy. In poker's 19th century heyday, says Brown, the game served as one means of what economists call "capital formation" for frontiersmen who were cut off from the banks back East. Winners in long-running games would emerge with one stake big enough to do something useful, like build one bridge, while those who lost were forced to get off their butts and make more money. ...
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PNB Principal Life to focus on group cover
Post on 26-05-2006.
> > Insurance News > PNB Principal Life, Punjab National Bank, Vijaya Bank, grooup cover .arial10red { FONT-FAMILY:arial; FONT-SIZE:10px; COLOR:#CC0000; font-weight:normal; text-decoration:none } .arial10red:hover { FONT-FAMILY:arial; FONT-SIZE:10px; COLOR:#CC0000; font-weight:normal; text-decoration:underline } .countinput{ BACKGROUND-COLOR:'#F7F3F7'; BORDER-BOTTOM: #F7F3F7 1px solid; BORDER-LEFT: #F7F3F7 1px solid; BORDER-RIGHT: #F7F3F7 1px solid; BORDER-TOP: #F7F3F7 1px solid; COLOR: #000000; FONT-FAMILY: Arial; FONT-SIZE: 10px; FONT-WEIGHT:bold; width:30 } ...
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