AT&T Eyes Contributing $9.5 Billion in Wireless Stock to Help Fund Pension Plans
Pensions & Investments | 19 October 2012
AT&T Inc., Dallas, is seeking to contribute a preferred equity interest in its wireless business, valued around $9.5 billion, to its pension plans to significantly strengthen the funded status, according to an 8-K filed Friday.
JPMorgan Apologizes to Power Regulator for Misleading Information
Reuters | 18 October 2012
JPMorgan Chase & Co apologized to the U.S. energy regulator on Thursday for providing misleading information about California electricity markets, saying it was inadvertent.
Letter to Hugo Salinas-Price: Forget a Silver Backed Currency, Mexico’s Got To Bring Its Gold Reserves Home
Silver Vigilante | 16 October 2012
Last year the Bank of Mexico did not reveal the location of its gold reserves for national security purposes.
Short Sea Shipping the Wave of the Future?
South Coast Today | 31 March 2008
A “perfect storm of opportunity” could drive the East Coast to embrace short sea shipping and put ports such as New Bedford and Fall River back on the map as significant players in moving cargo up and down the Atlantic seaboard.
Current Developments in S Corporations
AICPA | 1 October 2012
The IRS has been liberal in granting inadvertent termination relief
U.S. Industrial Production Rises in Stabilization Sign
Bloomberg | 16 October 2012
American manufacturers churned out more appliances, clothing and construction supplies in September, indicating a mainstay of the early part of the economic expansion is regaining its footing.
Choice of College Degree Can Cost You Millions
CNN | 16 October 2012
Want to make $3.5 million? Major in engineering.
Pandit’s Exit Linked to Clashes With Citigroup Board
Yahoo | 16 October 2012
Citigroup tapped Michael Corbat as its new CEO Tuesday after Vikram Pandit stunned Wall Street by stepping down from the helm of the banking giant.
Portugal Hit by Harsh New Austerity Measures
DW | 16 October 2012
Portugal has been hit by a new round of harsh austerity measures.
Knocking on Deflation’s Door
Market Anthropology | 15 October 2012
Since I began publishing my work last year, I have referenced various versions of the following chart – as rationale to why I follow silver and the silver:gold ratio so acutely.
Oct. 15, 2012
Financial Perspectives | 15 October 2012
It’s October again, that time of year when seniors find out how much, if any, their Social Security benefits will be increasing