Hedge Funds – A Brief History
Alfred Winslow Jones is being considered the father of hedge founds, since he founded the first one in 1949, although he had forerunners like Jesse Livermore, Bernard M. Baruch and Benjamin Graham, who operated characteristics of the modern hedge funds long before him. However, Alfred Winslow Jones was the first one to use short selling, a limited partnership structure and leverage as well as a 20 percent incentive fee to compensate the managing partner.The Right Medical Plans Make A Huge Difference
An indemnity medical plan is one in which the patient or the provider of the medical plan will find that they get reimbursed for their expenses as they happen. Having a medical plan is very important and it’s important that you get health coverage. But the cost of medical plans have become more and more expensive.Learn The Ways To Find Good Low Cost Health Insurance Plans
An indemnity medical plan is one in which the patient or the provider of the medical plan will find that they get reimbursed for their expenses as they happen. Health insurance is very important, and it’s sad to say that there are many people that are not able to afford a decent health insurance plan.UK Banking Sector Crash – Run on Northern Rock Bank
Northern Rocks Share price crashed by 30% today as the mortgage bank sought emergency funds from the Bank of England due to the credit freeze in the interbank money market which Northern Rock heavily relies upon.UK FSA Compensation Scheme Needs to be Raised to Prevent Further Runs on the Banking system
The run on Northern Rock bank by customers withdrawing hard earned savings could have been avoided by a decent amount of compensation security. The current limits set some 10 years ago are far too low to offer much security to all but minimal savings levels.Are There Any No Credit Mastercards Out There?
MasterCard is arguably the biggest card brand in the world. When you have a credit card it makes life a bit easier in many ways.UK Banking Crisis – Nothern Rock Seeks Help from Central Bank
Northern Rock, one of Britian’s largest mortgage banks is expected to receive emergency funding from the Bank of England today for possibly more than £4 billion ($8 billions), as the mortgage bank runs out of cash and is unable to obtain credit on the interbank money market due to the ongoing liquidity squeeze and the banks own sizeable subprime mortgage book risks.