Defendant in California pension fraud case dies after prolonged illness as trial neared + MORE Jan 14th

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US ethics monitor condemns Trump plan to pass reins of business empire to sons Eric and Donald Jr. - Ottawa Citizen + MORE Jan 12th

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40 days – 2.75%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

SAN FRANCISCO – A defendant in a bribery scandal at the California Public Employees’ Retirement System — the nation’s largest public pension fund — died just weeks before his trial was set to start.
Alfred Villalobos’ attorney, Bruce Funk, said his client died Tuesday in Reno, Nevada, after a prolonged illness. He was 71.
Funk said he was not at liberty to discuss Villalobos’ medical condition. But in a court filing on Monday, he said Villalobos had gone to an emergency room numerous times over the previous five months and was incoherent and had difficulty communicating during a recent phone conversation.
Villalobos was accused of giving bribes to Fred Buenrostro Jr., a former chief executive of CalPERS, in exchange for Buenrostro’s help in getting CalPERS to make investment decisions that benefited Villalobos’ clients.
CalPERS has more than $300 billion in assets.
Buenrostro pleaded guilty last year to fraud and bribery charges.
Villalobos denied the allegations and pleaded not guilty to fraud charges and related counts…

Continue Reading On canadianbusiness.com »

Unconventional investment tips from Warren Buffett
Warren Buffett is the most successful investor of the 20th century and consistently ranked among the world’s wealthiest people. But you may surprised to learn about some of his more unorthodox—if not downright kooky—investing advice.
Prophesize your own wealth
For Buffett, the power of positive thinking should never be overlooked. “I always knew I was going to be rich,” he once said. “I don’t think I ever doubted it for a minute.”
Don’t be frugal, be cheap
Don’t expect to see Buffett sporting the latest smartphone technology. The billionaire still proudly uses a prehistoric Nokia flip cell phone. “This is the one Alexander Graham Bell gave me,” joked Buffett on the Piers Morgan Show. “I don’t throw anything away until I’ve had it 20 or 25 years.”
Fixate on bathtubs
Journalists have long been aware of Buffett’s preoccupation with bath time—as evidenced in 2008, after he made a $5 billion investment in Goldman Sachs at the height of the financial crisis…

Continue Reading On moneysense.ca »

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60 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

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