Bond trading made the situation seem dire, although it may well have been affected by investors fleeing the stock and commodities markets and parking their cash in short-term Treasury securities, fearing to trust banks in light of the current economic turmoil.
Orr, is awaiting trial in Utah on 39 state felony counts, including securities fraud, in connection with his trust business.
After we raise (or eliminate) the debt limit, we can return government securities to the trust fund in exchange for the IOUs.
On Saturday, the Wall Street Journal pointed out that the Social Security trust fund includes trillions in securities, representing past surpluses plus interest.
Everything else, including cash and securities, would go to a living trust set up in 1997.
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While the capital raising efforts were viewed by some as a way to provide stability to the company, there was also concern that those benefits could be offset by Thornburg's corporate structure as a real estate investment trust and continued weakness in the mortgage securities market.
That same amount will be credited to the Social Security Trust Fund, in the form of Treasury securities.
In March Orix snapped up a trust license from bankrupt Yamaichi Securities so its branches can offer clearing and other banking services.
But in order to investigate, potentially declare a default and maybe launch lawsuits, holders of the securities like Beal need at least 25% of the voting rights in a trust.
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Comerica said it believes it is uniquely positioned as the only bank in its peer group to have redeemed TARP and eliminated trust preferred securities from its capital structure.
One proposal is to allow the Trust Funds, which at the moment can invest only in government securities, to place a portion of their reserves in the stockmarket.
The second obstacle (far less formidable) I have identified is how to offer investors the opportunity to invest in such a novel proposed whistleblower claims trust without registration under the federal securities laws.
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The company through its bank provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing.
Linda Fienberg of the National Association of Securities Dealers says the data do not support that view, and she is taking steps to build trust in the process.
You can also opt for gold-backed securities like the SPDR Gold Shares ETF ( GLD), in which assets are backed by physical gold held in trust for shareholders.
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