Billionaires join Gates Buffett Giving Pledge in pledge drive
New signatories to The Giving Pledge include Stephen Ross Paul Singer Sara Blakely Craig McCaw and Lord Ashcroft joining Warren Buffett and Bill Gates. The pledge does not require immediate giving but commits wealth to charity during life or after death. total signatories reach 114.
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Aegon Reports Quarterly Losses From Hedging Program
Aegon the Netherlands based parent of Transamerica posts net income of 268.8 million in the quarter ended March 31, down 61 percent from 691.8 million a year earlier. CEO Alex Wynaendts says hedging programs shield capital and reduce market risk exposure.
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