Torbay Council said it had agreed to the deal because budget savings meant it could not fund Shoalstone Pool.
The agency accused the firm of arranging a deal with a hedge fund to create a pool of mortgage securities the hedge fund could short against.
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Like a mutual fund, a closed-end fund is a pool of investments.
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And Apple has this enormous cash balance to fund this talented pool of designers, engineers and marketers to introduce new products to market.
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The industry could provide cover from a pool fund, he suggested.
What, then, you may ask, is the Social Security Trust Fund, the pool of money that people say will dry up and make it impossible for anyone to receive their Social Security payments?
Secondly, there are "stakeholder" accounts, which invest in a pool or fund made up of a variety of company shares.
Brent Burns : Well, we think about investors in the same way that a pension fund would think about its pool of pensioners.
Three years ago, he introduced a profit-sharing scheme under which each firm contributes a third of profits to a common bonus-pool, and fund management is run globally from New York.
These vehicles take loans, issue bonds or pool capital with private firms to fund infrastructure projects, including housing.
The basic premise of mutual funds is straightforward: Investors pool their money, and the fund invests in stocks, bonds, government securities or a combination of such assets.
The former aide admitted during questioning by Edwards' attorney that he used campaign donations for his own benefit, including to fund construction of a home that included a pool and a theater.
That statute says that a company that sells securities to the public and then turns around and invests that money in a pool of securities is a mutual fund and subject to a comprehensive mutual fund regulatory scheme.
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And then as I said, the Race to the Top and that pool of dollars and the innovation fund are two ways that we're even trying to push the ball forward even further and go down the field when it comes to education reform.
Valdez also discussed an innovative option his firm is pioneering to give clients an alternative to the typical operating line of credit: In these cases, Pavestone will pool the customer invoices into a fund that becomes the functional equivalent of a traditional line of credit.
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Because many shareholders own their shares through a mutual fund, a pension plan, or other investment pool actively managed by a third party, they are indirect or passive owners.
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For the time being, however, fund managers have their sights on managing Japan's huge pool of pension money.
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The insurance pool is the Mutual Mortgage Insurance (MMI) Fund and a Congressional mandate requires that this fund maintain a 2% reserve.
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The fund went to Goldman in 2007 and asked about structuring a pool of mortgage securities it intended to go short against, and Goldman was only too happy to oblige.
Ms. Petsod is helping a variety of foundations pool resources, including one group that is creating an online fund for contributions to cover the cost of the application.
To minimize the excessive risks of the stock market and keep down investment management costs, we can invest the funds from all the individual retirement accounts as a pool, mirroring the way that the assets of a traditional pension fund are invested.
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