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...Having set up the SSAS, Clifton remains a trustee of the pensions scheme to make sure the funding arrangement works into the future....
...In the 1980s, as a bond trader at investment bank Salomon Brothers, Ranieri had played a crucial role in developing the very concept of mortgage-backed securities....
...Back in April 2005, Kelly and David Nadeau went to First National Bank of Arizona and borrowed $103,900 at 8.2 per cent per year for 30 years to buy a house in Clay County, Florida for $130,000, according...
...It had been nearly a year since the US Federal Reserve brought an end to the era of cheap money with a series of interest rate increases that took its overnight lending rate from 1 per cent in June 2003...
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