Open market debate sets Texans against wild price swings
Dr. M. Ray Perryman argues that open retail electricity competition may raise costs for many Texans while delivering limited provider choice. Texas now enjoys regulated, stable, inexpensive power with universal service, and moving to a free market could mean price volatility and reduced access for households.
MENTIONED IN THIS ARTICLE
Texas
Austin
M. Ray Perryman
Perryman Group
Edwin L. Cox
Southern Methodist University
Reality Online eyes growth via personal finance software push
Reality Online Inc, based in King of Prussia, Pa, plans to expand investments as baby boomers drive demand for home PCs and personal finance tools. Its Money Network online investing software, bundled with brokers like Accutrade, Charles Schwab, and Quick Reilly, adds Reuters and Morningstar data to trading research.
MENTIONED IN THIS ARTICLE
Philadelphia
Reality Online Inc
United States
Douglas A. Alexander
Reality
Alexander
Reality Stelene Couns Money Network
Avay
Accutrade Inc
Money Network
Reuters
Standard & Poor's
Morningstar
Mark Goldstein
Wharton School
Ben Franklin Partnership
Means
Index funds shift gains and market efficiency debate
Funds into index funds boost their share as managed funds track benchmarks. Yet active managers may benefit when indexing grows, since efficiency relies on the collective research effort. As more investors index, opportunities for exploitation by active investors may rise.
Banks Win Credit Card Fees Ruling Sparks Consumer Alarm
The Supreme Court ruled that national credit card companies may apply fees and interest based on the state where they are headquartered, even if residents live in tighter-restriction states. Critics warn of higher or new charges, as banks could shift fees across borders and dodge stricter protections.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
High Court
Smiley
Citibank
RobertcKinley
AM Research Group
Frederick
Jerrold Nadler
D-N.y
House Judiciary Committee
McKinley
Net
Michelle Meier
The
Consumers Union
Barbara Smiley
Los Angeles
Citicorp
Credit Card
South Dakota
California
Antonin Scalia
Investors warned off Burma by Suu Kyi amid economic turmoil
Aung San Suu Kyi urges foreign investors to stay out of Burma as the SLORC touts growth while IMF and World Bank reports depict a failing economy. Widespread poverty, black market distortions, and massive military spending erode official figures and fuel inflation, with drug money alleged to back some growth.
MENTIONED IN THIS ARTICLE
Rangoon
Burma
Aung San Suu Kyi
Suu Kyi
Democracy Movement
State Law and Order Restoration Council
SLORC
Sele Iovenseses Bes
Hiein Shwe
World Bank
International Proustery Fund
U.S. State Department
The Evolution of the Secondary Mortgage Market and ARMs
The article explains how lenders pool and securitize home loans, selling them to Fannie Mae, Freddie Mac, or private investors. It notes national reach, rate influences from bond markets, the rise of mortgage insurance, and the growth of adjustable-rate mortgages with diverse variants.
MENTIONED IN THIS ARTICLE
Fannie Mae
Freddie Mac
Robert van Order
Glick
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