The California Public Employees’ Retirement System, the largest U.S. public pension, earned a 12.5 percent return in 2010, led by gains in private equity and U.S. stocks, Chief Investment Officer Joe Dear said.
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After a rough game of hoops left him with a busted lip, President Barack Obama says his return to the basketball court was less traumatic because his opponents – his two young daughters – “took it easy on me.” During a basketball game on Friday, a player accidentally elbowed Obama in the face, requiring the president to get 12 stitches to repair the resulting injury to his mouth.
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To ensure the safety of players and fans, and ease concerns about potential trouble, the Cleveland Cavaliers are beefing up security in and around Quicken Loans Arena for LeBron James’ hyped return on Dec. 2 with Miami.
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ATLANTA–(BUSINESS WIRE)–The U.S. Small Business Administration has approved more than $2 million in Disaster Assistance Loans for residents and business owners in Wisconsin affected by the severe storms, tornadoes and flooding that occurred from July 20 through July 24. “Currently, 135 home and business disaster loans have been approved in the amount of $2,084,000 for affected victims,” said Frank Skaggs, director of SBA’s Field Operations Center East in Atlanta. “We are pleased to be able to
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A new report shows gold miners have turned to net hedging for the first time since 2005, but it was mostly due to project financing and there was little appetite for “strategic” hedging.
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Investing in real estate is such a popular career because there is a lot of money that can be made. One of the ways you can get as much money as possible from your investing is by knowing how to secure funding. When you know how to secure funding, you are able to purchase properties without putting up a lot of your own money. This is vital if you want to be a successful investor. If you think about it, the more properties you can buy without using your own money, the more money you stand to make.
In years past, it was really easy to secure funding because all you did was go to your local bank and take out a mortgage loan. The reason that more people are wondering how to secure funding for their real estate transactions these days is because it is so much harder to get a loan from a bank. This is why you need to know how to get funding from other sources, mainly from private lenders. If you never have heard of these, they really are just regular people who are looking for a great return on an investment. They are willing to give you the cash for the property in return for a portion of the profit. (more…)
