Archive for March, 2009

Who’s Watching the Money at Treasury?

In testimony this morning before the Senate Finance Committee, Warren suggested that legislation may be necessary to force Treasury to hand over the information she needs to do her job.


Keefe Bruyette’s Co-Head of Fixed Income Craig Coats Retires

March 31 — E. Craig Coats Jr ., considered one of the original “bond vigilantes,” retired as co-head of fixed income at Keefe, Bruyette & Woods Inc.


Kiwi Income Seeks NZ$50 Million Through Share Sale

April 1 — Kiwi Income Property Trust, New Zealand’s largest publicly traded property investor, is selling NZ$50 million of shares to institutions to strengthen its balance sheet.


Treasury Announces Extension of Temporary Guarantee Program for Money Market Funds

Washington, DC – The U.S. Treasury Department today announced an extension of its temporary Money Market Funds Guarantee Program through September 18, 2009, in order to support ongoing stability in financial markets. The Program was scheduled to end on April 30, 2009.


Sanford announces plans on spending the stimulus money

Governor Mark Sanford says he will ask the White House for a waiver so that $700 million in stimulus money can be used to pay down South Carolina’s debt.


Grocery Boot Camp: Money-Saving Tips

Food is probably the second biggest monthly expense for your family.


Move money from loser 529 plan to new plan

Dear College Money Guru, My New York 529 plan is invested in aggressive growth funds, the balance went aggressively down. They won’t allow a transfer of the existing funds into a different fund


Fall in disposable income reported

More than half of Britons have seen their disposable income drop by at least a fifth so far this year, according to a survey.


Lawmakers to hear income tax plan

DES MOINES– Iowa lawmakers will hear from the public tonight about a $600 million overhaul of the state’s income tax system. A House committee has approved the package, sending it to the full House for debate.


Income Tax Plan Would Pay Tuition

Two Democratic lawmakers on Tuesday proposed raising Michigan’s income tax rate to pay university tuition for students and fund preschool programs for 4-year-olds.