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FILTER RESULTS ►Entitlements Are Going to Consume Even More of The Federal Budget than Projected
It's old news that the U.S. is on an unsustainable fiscal path. As I explained earlier in June, the 2013 Trustees' Report, which looks at the financial situation of Medicare and Social Security, confirmed that, while the situation is not deteriorating as fast as it had in previous years, things are not looking up. Show More Summary
Budget Issues and Seniors
It is old news that the U.S. is on an unsustainable fiscal path. As I explained earlier in June, the 2013 Trustees' Report, which looks at the financial situation of Medicare and Social Security, confirmed that, while the situation is not deteriorating as fast as it had in previous years, things are not looking up. Show More Summary
Miles Franklin award to be announced at the National Library
This has come in which will no doubt be quite exciting to literary bods: The Trust Company, as Trustee of the Miles Franklin Literary Award, and the 2013 judges, will be announcing the 2013 Miles Franklin Literary Award Winner, tomorrow Wednesday 19 June 2013. The Miles Franklin Literary Award is Australia’s oldest and most prestigious literary prize [...]
Kite Realty Group Trust Announces Quarterly Common Dividend
Kite Realty Group Trust Announces Quarterly Common Dividend INDIANAPOLIS--(BUSINESS WIRE)-- Kite Realty Group Trust ( NYS: KRG ) (the "Company") announced today that the Board of Trustees declared a quarterly cash distribution of $0.06 per common share for the quarter ended June 30, 2013 to shareholders of record as of July 5, 2013. Show More Summary
Pebblebrook Hotel Trust Declares Dividends for the Second Quarter 2013
Pebblebrook Hotel Trust Declares Dividends for the Second Quarter 2013 BETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust ( NYS: PEB ) (the "Company") today announced that its Board of Trustees has authorized, and the Company has...Show More Summary
RLJ Lodging Trust Announces Dividend for the Second Quarter 2013
RLJ Lodging Trust Announces Dividend for the Second Quarter 2013 BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the "Company") ( NYS: RLJ ) today announced that its Board of Trustees declared a quarterly cash dividend of $0.205 per common share of beneficial interest. Show More Summary
Equity Residential Declares Second Quarter Dividends
Equity Residential Declares Second Quarter Dividends CHICAGO--(BUSINESS WIRE)-- Equity Residential ( NYS: EQR ) today announced that its Board of Trustees declared dividends on the company's common and preferred shares. A common share...Show More Summary
False Panic Over Howard? Official Calls 'Gone in 3 Years' Letter 'Unduly Alarming'
If Renee Higginbotham-Brooks, the vice chair of Howard's board of trustees, was hoping to bring attention to the school's financial situation in a letter she wrote that was published last week in the Chronicle of Higher Education, she was successful. Show More Summary
Duke student urges trustee not to sell Tribune papers to Koch brothers
Duke University student and former Duke Chronicle columnist Lucas Spangher had a 40-minute phone conversation with Oaktree Capital CEO Bruce Karsh – a Duke grad and trustee – about the possibility of his firm selling Tribune’s newspapers to the Koch brothers. “The conversation was fairly unproductive or negative,” says Spangher, whose interests include green energy … Read More
The Trust Company increase 40% in Portia Geach prize money
The Trust Company, as Trustee, has today called for entries for Australia's most famed portraiture prize for women, the Portia Geach Memorial Award, and announced a substantial increase in the prize money from $18,000 to $30,000.
Pace Foundation appoints new executive director: Maura Reilly
The Board of Trustees of the Linda Pace Foundation announced the appointment of Dr. Maura Reilly as its new Executive Director. ?This is an exciting moment for the Linda Pace Foundation,? said Rick Moore, President of the Foundation....Show More Summary
Dede Wilsey re-elected prez of Fine Arts Museums board with little fanfare
Diane "Dede" Wilsey and her Matisse. SF EXAMINER PHOTO OF WILSEY BY CINDY CHEW
By Parker Yesko
At a quarterly meeting on June 6, Diane “Dede” Wilsey was summarily re-elected as president of the Board of Trustees of the Fine Arts Museums of San Francisco (FAMSF). Show More Summary
Romancing Alpha, Forsaking Beta
Below is my presentation: The High Cost of Neuro-Financial Errors: How Cognitive Bias and Performance Chasing leads to Investing Failures at the Trustee Leadership Forum for Retirement Security conference at the Kennedy School, Harvard University June 10, 2013. Cambridge is simply lovely...
ON: BNY Mellon Appointed to Trustee and Agent Roles for Rideau Transit Group's CAD$2.1 Billion Transit Contract for Ottawa's Confederation Line Project
BNY Mellon has been appointed collateral agent, insurance trustee and financial model custodian by the Rideau Transit Group (RTG) for its CAD$2.1 billion transit contract.
Royal Seal of Approval for Maritime Charity
Royal Alfred Seafarers’ Society Recognizes Long Service at Annual AGM. Two trustees of one of the U.K.’s oldest maritime charities have been presented
Go Home Already: Wet
Howard University Board of Trustees chairman Addison Barry Rand denies reports of the university's financial weakness. [City Paper]
A former D.C. charter school employee pleaded guilty today to embezzling $75,000. [Post]
Taan Noodles in Adams Morgan is getting a new chef, not closing. [City Paper] [ more › ]
CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for June
CBRE Clarion Global Real Estate Income Fund ( NYS: IGR ) Declares Monthly Distribution for June PHILADELPHIA--(BUSINESS WIRE)-- The Board of Trustees of the CBRE Clarion Global Real Estate Income Fund ( NYS: IGR ) (the "Fund") declared a monthly distribution of $0.045 per share for the month of June 2013. Show More Summary
Genomic Health, Inc. (GHDX), Merck & Co., Inc. (MRK): Rest in Peace, Medicare?
Does Medicare have one foot in the grave already? The Trustees of the Medicare program recently announced that the program will remain solvent through 2026. After that, there won’t be any assets in the trust fund — and Medicare will be officially bankrupt. However, reports of Medicare’s coming death appear to be greatly exaggerated. It’s [...]
First Slice 6/10/13: Morris Brown says 'no thanks' to city bailout
It's behind a paywall, but... Morris Brown College's board of trustees has rejected a $10 million bailout from the city, saying Mayor Kasim Reed's offer to use cash from the Westside Tax Allocation District to keep the bankrupt and shrinking school from shutting its doors was too low.… [ Read more ] [ Subscribe to the comments on this story ]
Lehman on track to pay hedge funds, banks
Defunct brokerage Lehman Brothers Inc. is on track to pay hedge fund and bank customers in full after 4 3/4 years in liquidation. New payments starting today will return 100% of their money to all brokerage customers, trustee James Giddens said in a statement today. Show More Summary
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