What Happens When a Brokerage Firm Goes Bankrupt
Explains SIPC insurance up to 500 000 per customer with 100 000 cash limit and private excess protection. Describes transfer of accounts to a healthy firm within one week to two three months, or distribution of cash and securities within two to four months if no taker exists. Cash and margin accounts treated alike. debits settled either by customer payment or partial securities sale.
MENTIONED IN THIS ARTICLE
Llu
Uurp
SIPC
Bankruptcy Court
Shell
Donoghue’s Money Fund Yields End Week Mixed
The seven day average yield on money market mutual funds declined to 7.66 percent from 7.70 while the 30 day average eased to 7.71 percent from 7.75 according to Donoghue’s Money Fund Report. Bank Rate Monitor reports stable yields across major banks with 6.30 percent on money market accounts and 7.95 percent on one year CDs, plus slight changes in Super NOW and six to five year CDs.
MENTIONED IN THIS ARTICLE
New York
Donoghue
Money Fund
Donoghue’s
Holliston
Mass
Newsletter Bank Rate Monitor
Savings and Loan Associations
North Palm Beach, Fla
Bank Rate Monitor
General Motors
Ford
Jobs Outlook and Market Commentary From Economic Trends
Projected 1990s job growth lists corrections officers and radiology technicians among top occupations. Market notes cite IBM, Quaker Oats, and Amoco earnings misses. stock trends show January weakness and a long history of February stability. Also covered are boardroom gender gains, dividend trends, 1980s stock leaders and laggards, plus a gift-card time-saver for executives.
MENTIONED IN THIS ARTICLE
U.S. News & World Report
IBM
Amoco
Chapman
Chapman Co
Cedar Rapids
SCI
Dividend yields draw attention from conservative investors
New York report notes a shift as cautious investors seek higher returns from dividends. GM and Ford offer above seven percent, while Manufacturers Hanover and Great Northern Iron approach ten percent. Treasuries hover near 8.5 percent.
MENTIONED IN THIS ARTICLE
New York
General Motors
Ford Motor
Hanover Bank
Great Northern Iron
Perkins Family Restaurants
Occidental Petroleum
Massachusetts Financial Service
Hancock Investment Trust
U.S. Treasury
Also Mentioned on This Page
Bondy
The
Securities and Exchange Commission
Securities Investors Protectine MV
Susan Bondy
North America
Baltimore Sun and Gazette
Securities Counselors of Iowa
Scott Donkin
Korn Ferry International
Wall Street
Standard & Poor’s
Circuit City
Hasbro
the Limited
Mark IV Industries
Marion Labs
Wal-Mart
Allegheny International
Savin
Western Union
Manville
Storage Technology
Financial Corp. of Santa Barbara
William O'Neill
Forbes
Forbis Marketing
Jefferson City
Cityline
Brenton Bank
Merchants National Call
2Nd Ave
Iowa City
Berthel, Fisher & Fleischman Planning
CFA
CFP
BF & F Planning Services
2Nd St
Epson
Equity
Epson Equity Ie
MCGA
Erb’s
Business Machines, Inc
Seiko Epson Corporation
Epson America, Inc
Epson Equity
Microsoft Works
Epson Equity Io
S Kee
32Nd Avenue
S.W
Iowa
Ultime