Word: therings
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Dates: during 1990-1999
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There are other pitfalls. In many cases, if the viator lives longer than expected, investors can end up having to pay premiums to maintain the policy. And unlike stocks or bonds, these are highly illiquid investments. That means that in the event of an emergency, there's no quick, easy...
There will be, if regulators and prosecutors in states from Florida to California get their way. Late last summer a federal grand jury in Florida indicted Frederick Brandau and his company, Financial Federated Title & Trust, for allegedly defrauding thousands of viatical investors across the country in an elaborate, $115 million...
Viators can be victims too. There are brokers who reap hefty, 18% commissions without getting the sellers--often ill, vulnerable people--the best deal available. One viator who went through Alpha Capital Group, a viatical provider that is fighting a cease-and-desist order from Washington State, ultimately received $5...
Competition may provide an alternative. To help slow the growing appeal of viaticals, more insurance companies are offering so-called accelerated death benefits, which, like viaticals, award a certain portion of the policies' face value to terminally ill patients before they die. That way, people can take it with them...
Not really. Political boundaries have not defined economic relationships on this continent for decades, and the Michigan-Ontario relationship is the paramount case in point. Since the Canada-U.S. auto pact was signed in 1965, the two places have been economically intertwined. Last year two-way trade between Ontario...