Backed by pension funds and endowments, the company is operating in high - end markets in California, Washington and Oregon, where its customers» average house price is $ 800,000.
Not exact matches
The lawsuit stems from losses the
pension fund suffered after the collapse of the housing market and defaults on formerly AAA - rated securities that were
backed by pools of residential mortgages, Calpers said in a statement.
Rather than paying these
pensions out of current income as it is earned or plowing their earnings
back into investment in their own business, companies take their income and «financialize» it
by buying stocks and bonds for their
pension funds.
Hewitt Cattle Australia,
backed by one of Canada's biggest
pension funds, the Public Sector Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Natura
pension funds, the Public Sector
Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Natura
Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Natural Meat.
The New York Times, for example, reported that Cuomo plans to
fund the new Tappan Zee Bridge with $ 3 billion in bonds
backed by toll revenue and $ 2.2 billion with loans from union
pension funds and the federal government.
A recent decision
by the federal Department of Justice to scale
back and eventually end the use of private prisons indirectly impacted New York City's
pension funds, reducing holding values
by millions of dollars and leading to renewed calls from activists for the city to divest from the for - profit corporations that operate these prisons.
He is investigating DiNapoli's office for selling access to the state's
pension fund, quietly
backing his own candidate to succeed him as attorney general and trying to bend lawmakers to his will
by asking them, too, to sign his five - point pledge.
1912: NEA endorses Women's Suffrage 1919: NEA members in New Jersey lead the way to the nation's first state
pension;
by 1945, every state had a
pension plan in effect 1941: NEA successfully lobbied Congress for special
funding for public schools near military bases 1945: NEA lobbied for the G.I. Bill of Rights to help returning soldiers continue their education 1958: NEA helps gain passage of the National Defense Education Act 1964: NEA lobbies to pass the Civil Rights Act 1968: NEA leads an effort to establish the Bilingual Education Act 1974: NEA
backs a case heard before the U.S. Supreme Court that proposes to make unlawful the firing of pregnant teachers or forced maternity leave 1984: NEA fights for and wins passage of a federal retirement equity law that provides the means to end sex discrimination against women in retirement
funds 2000s: NEA has lobbied for changes to the No Child Left Behind Act 2009: NEA delegates to the Representative Assembly pass a resolution that opposes the discriminatory treatment of same - sex couple
Bear Stearns averted a meltdown this time, but if delinquencies and defaults on subprime loans surge, Wall Street firms, hedge
funds and
pension funds could be left holding billions of dollars in bonds and securities
backed by loans that are quickly losing their value.
The resolution,
backed by investors including Co-operative Asset Management of the UK, and Calpers and Calstrs, the California state
pension funds, is on the face of it quite uncontroversial.
Similar to the recent rollout of the workplace
pension opt - out, could a government -
backed auto - enrolment scheme for wellbeing programmes —
funded by employers and
by a portion of employees» National Insurance contributions — be one of the solutions to address the NHS's long - term financial needs?
The trend for hiring personal financial advisors will also continue as state cuts
back pensions and retirement
funds, leading to a demand for good financial planning
by individuals.