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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 02, 1975
Page
2
The Investor's Guide answers reader questions on managing a mother’s $150,000 securities estate, cutting margin loan costs, and selling speculative stocks. It covers deducting a $600 mutual fund loss on Schedule D, timing convertible bond redemptions, and the suitability of AAA or AA corporate bonds for retirees yielding about 9 percent.
A Chicago psychiatrist argues for multiple short vacations yearly to preserve mental health. Dr Roy R Grinker says get away from home and work to reset with varied activities, avoiding long breaks that cause anxiety. Plan a gradual return to work after vacations over about three days.
Billy Briggs, a former vault custodian at Hibernia National Bank, was arrested in New Orleans with $1.35 million found in a hotel room and items including a diamond jewelry and an $800 lighter. He faced federal and state charges of theft bank fraud and embezzling millions, with officials noting insurance covered losses and narrow recovery.
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