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Change is flowing in the financial services industry.
At a glittering luncheon in the nation's capital last year, a veteran warrior rallied a roomful of Black America's brightest (and richest) young executives. Andrew Young was a U.S. ambassador, a congressman, the mayor of Atlanta. But he's still clearly a product of the civil rights demonstrations where he risked...
Learning from failures in microfinance: what unsuccessful cases tell us about how group-based programs work.
Money, says the proverb, makes money. When you have got a little, it is often easy to get more. The great difficulty is to get that little. - Adam Smith(1) The success of microfinance programs as agents of poverty alleviation are well known to students of development.(2)...
Aon Corp.
[ILLUSTRATION OMITTED] Aon Corp. has announced four new hires in Aon's Honolulu office. MARCUS KIM was named senior vice president, focusing on healthcare systems, long-term care, physician groups and large property portfolios. Prior to joining Aon, Kim spent 13 years at Marsh serving as senior vice president...
Detoothing the loan sharks: five ways' to put the brakes on predatory lending.
'What happens to a dream deferred?" Langston Hughes asks in his classic poem "Harlem." Whether it is the dream of owning a home, paying for college, or making that final payment on a ear. When the way of the world puts our dreams out of reach, what are the...
Hiring a fee-only financial planner.
This is the second column to expand on the suggestions made in my January "New Year's Resolutions" column. (The January column can be found in the archives at www.skinandallergynews.com.) The suggestion on long-range financial planning generated a lot of feedback. It seems that many readers are concerned...
Harrah's Entertainment Adds 4 to Board.
ENTERTAINMENT CLOSE-UP-10 April 2008-Harrah's Entertainment Adds 4 to Board(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com Harrah's Entertainment announced that Charles Atwood, Jeanne Jackson, Lynn Swann, and Christopher Williams have been named to the company's board of directors, subject to regulatory approvals. - Atwood has been vice chairman...
Recent developments in European Union securities law.
I. OVERVIEW The European Union (EU) is engaged in a major effort to develop the single financial market. The oddly named "Committee of Wise Men" ("Committee") published an influential report in February 2000 calling for reform of the lawmaking procedures in the EU. (1) One of the...
Juggling Money: Financial Self-help Organizations and Social Security in Yogyakarta.
Juggling Money: Financial Self-help Organizations and Social Security in Yogyakarta. By Hotze Lont. Leiden: KITLV Press, 2005. xiv, 292 pp. The study focuses on two subjects that are somewhat related: financial self-help organizations (SHOs) and social security. The author took his inspiration from two sources: (a) a...
Valuation 2.0: how to navigate the brave new world of appraisals.
The valuation profession faces changes as profound as any in its history. While change defines every profession and all sectors of society, it is clear that market forces--most recently the collapse of the subprime lending market--have driven home the point that collateral valuation matters. [ILLUSTRATION OMITTED] ...
The writs of habeas corpus, amparo, and habeas data.
Byline: Florangel Rosario Braid THE more popular judicial remedy to protect life and liberty is the writ of habeas corpus. In addition, two other legal remedies are available, according to Supreme Court Chief Justice Reynato S. Puno, in his address before the University Convocation where he presented...
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