Structured Settlement

Mar 24, 2009

Top AIG executives agree to give back bonuses - after calls from A.G. Andrew Cuomo's office

People are suffered by global recession as they get huge and huge bonus.

Bonus extracted from tax payer pockets!

Complete story here

Mar 11, 2009

Human error led to fatal train collision, spokeswoman says

LOS ANGELES, California (CNN) -- Friday's two-train collision killed 25 people and injured more than 130 others near Los Angeles after an engineer failed to heed a traffic signal, a spokeswoman for Metrolink commuter trains said.
A commuter rail car lies on its side after a collision Friday near Los Angeles, California.

The engineer was guiding the Metrolink train that slammed head-on into a freight train and is not believed to have survived, Metrolink spokeswoman Denise Tyrrell said on Saturday.

"It was human error," Tyrrell said, adding this was Metrolink's belief "barring any new information" from an investigation by the National Transportation Safety Board.

NTSB spokeswoman Kitty Higgins said the agency would "look at everything before we rule anything in or out."

From CNN

Mar 9, 2009

Annuity and Structured Settlement Recipients Use Cash From Sale of Future Payments to Pay for Education Costs

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More than 80 student lenders have stopped making frederally guaranteed student loans temporarily or permanently as a result of a distressed credit market.

According to a May 22 article in USA TODAY -

Sallie Mae’s shares jumped Wednesday after it became known that the Bush administration is preparing to help struggling lenders in the student lending market by having the government buy up their loans.

As families feel the increased cost of living fueled by raised prices in wheat, corn, fuel, and household consumer goods, many families that have children who are preparing to graduate and continue on to a college education are finding alternate ways to provide for tuition.

Full article can be reached at Articlebase