Word: cashes
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...money. One hopes the transfer to a new brokerage should go smoothly: federal regulators show up to oversee the process. In the worst-case (and highly unlikely) scenario that some of your assets are missing, SIPC insurance kicks in, covering $500,000 worth of securities, including $100,000 in cash...
...accounts that hold bank products like CDs. On Sept. 16, however, there was an event in the normally unexcitable world of money-market funds. Because of a loss on Lehman debt, a money fund marked its share value below $1--sacrilege for an investment meant to be akin to cash. A mass redemption followed. If more money funds "break the buck," you may be tempted to move to FDIC-insured accounts. Just keep in mind that they might yield less, and only one money market has ever been liquidated...
...Miami A Suitcase Full of Cash Testimony in the trial of Venezuelan businessman Franklin Duran revealed how officials worked to conceal the source of a suitcase filled with $800,000 intended for Argentine presidential candidate Cristina Fernández de Kirchner. Duran allegedly attempted to silence Guido Alejandro Antonini Wilson, the man who was caught with the suitcase in an airport in 2007 and who has suggested that President Hugo Chávez was involved...
...that approach risks some loss of flavor. In Life (Fridays, 10 p.m. E.T.; preview debut Sept. 29), Damian Lewis plays Charlie Crews, a cop wrongly convicted of murder who returns from jail with a big cash settlement and a Zen outlook. Because of Lewis' brilliant portrayal of the eccentric Charlie, the show is perfectly enjoyable. It's just not compelling, mainly because the ongoing story of Charlie's search for justice is so isolated from the rest of the show that it seems meant for bathroom and snack breaks. Life could disappear for five years, and I'd probably enjoy...
...told about the assurance by AIG's Singapore management that his investment was protected, he replied skeptically, "I'm not so sure." He said if he managed to get inside the insurer's besieged offices - which looked like it could take him another 10 hours - he planned to "cash out" his entire investment. "There's nothing like cash in your hands," he said...