Finance
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A monthly pension income can protect your portfolioNov 24, 2008 10:00 pm - Q: In your column you frequently recommend taking a lifetime pension and not a lump sum. I could understand not putting the pension lump sum at risk, but it seems to...
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Neumann homes seeks $9 mil sale of tract to Cole TaylorNov 24, 2008 10:00 pm - Warrenville-based- Neumann Homes the bankrupt homebuilder, asked a judge to approve the $9 million sale of land north of Chicago to Cole Taylor Bank. The lender, a unit ...
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Rescue ahead for Citigroup?Nov 21, 2008 10:00 pm - The U.S. Government probably will probably rescue Citigroup Inc., which is struggling through a crisis in confidence that erased half its stock-market value in three day...
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Humbug store opens in Long GroveNov 21, 2008 10:00 pm - LONG GROVE - The Humbug store recently opened at 225 Robert Parker Coffin Road. Tobin Fraley is the owner of the shop featuring the mischievous little fellow. He also wr...
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Mortgage rates drop for third week
Nov 19, 2008 10:00 pm - WASHINGTON -- Mortgage rates dropped for a third straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage...
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Taxable distributions may shock fund investors
Nov 12, 2008 10:00 pm - Talk about kicking investors when they're down. A required year-end practice by mutual funds is about to whack many people with capital gains taxes at the cruelest of ti...
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Mortgage rates drop for second week
Nov 12, 2008 10:00 pm - WASHINGTON -- Mortgage rates dropped for a second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage gi...
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Portfolio managers rarely beat the indexNov 10, 2008 10:00 pm - Have you dared to look at your 401(k) statement lately? If you have, you're probably thinking unkind thoughts about the well-paid folks who are supposed to be managing y...
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Worst financial crisis in 70 years awaits Obama
Nov 05, 2008 10:00 pm - WASHINGTON - To the victor goes the mess. Barack Obama's presidential election victory comes with an albatross of a prize an economy beset by a stubborn housing slump an...
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Depression -- a mental one -- coming Depression-a mental one-comingNov 03, 2008 10:00 pm - Nearly five years ago MIT Press published "The Coming Generational Storm," a book I co-authored with economist Laurence J. Kotlikoff. We shared a deep foreboding about t...