Word: pension
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...charge accounts, double their annual income. That November, Carolyn Smith died. With the loss of her Social Security income, Smith struggled. His situation was further complicated by a run of misfortune. He was hospitalized after a stroke; he had cataract surgery; the friend who promised to collect his pension and Social Security checks and make his mortgage payments didn't, and the mortgage company moved to foreclose. That's when his Chapter 13 case collapsed--as happens in two-thirds of all Chapter 13 proceedings--and he was switched to Chapter 7. Now he's awaiting his discharge. He will...
...create a level playing field for everyone, Congress would need to enact a flat exemption that covers all assets--from home to pension. Otherwise there is the kind of inequity described by A. Jay Cristol, the chief U.S. bankruptcy judge in Miami...
...traded on stock markets merge, the merging of market trading systems themselves are yet another symptom of globalization. "Ever since you've had the move toward a single currency in Europe, there's been pressure from institutional investors for a Europe-wide trading system," says Hornik. "Previously, a Dutch pension fund, for example, was legally bound to keep the bulk of its investments in the same currency as its liabilities, i.e., Dutch guilders. The euro made it possible for them to invest across borders, which has been an inefficient and costly process as long as each country maintains...
...that he be detained. On Dec. 3, 1998, police there seized seven tons of cocaine in Cartagena. Prosecutors claim $350,000 of Tafur's money was being used for the shipment. But Tafur has bank records that show the $350,000 in question was part of a widow's pension the Colombian Congress had awarded to his mother. Tafur's father, a legislator who helped draft the extradition treaty, was assassinated by narco-traffickers...
...retiring agent. He was unsure how he fit into the new order, says a close aide. Worse, says Polokhov, who met him again in 1990, Putin was "hurt that the state did not want him anymore." Polokhov says Putin told him then that he was "fired without a pension" from the agency he had so lovingly served for 15 years. When Polokhov expressed his own indignation, he recalls, Putin said, "That's all right, Leonid, because sometime later I will show them who Putin...