The Met Council did not immediately reveal what Frankels salary would be. Rapfogel, who made $417,000 a year, was canned after the Mets board found financial irregularities under his tenure. Rapfogel is believed to have purchased insurance policies at inflated prices using the Met Councils money and then received kickbacks from the agent, Century Coverage Corp., a source said. His wife, Judy, who serves as Assembly Speaker Sheldon Silvers chief of staff, has her own ties to the insurance company.
Credit: Reuters/John Kolesidis AHRENSBURG, Germany | Tue Aug 20, 2013 11:51am BST AHRENSBURG, Germany (Reuters) – German Finance Minister Wolfgang Schaeuble said more explicitly than ever before that international lenders will have to offer Greece a third aid programme. “There will have to be another programme in Greece,” Schaeuble said at an election campaign event in northern Germany on Tuesday. He reiterated the government’s stance, however, that there will be no debt haircut for Athens. Schaeuble has said in the past that international lenders may have to consider a new aid programme for Greece after the current one expires at the end of 2014, but he has never described this as inevitable, as he appeared to do on Tuesday.
Now a quick rundown of what we’ve learned from the submissions so far. In three hours there were 145 submissions from Hedge Funds, 45 from Mutual Funds, and 30 from Private Equity Funds. All Group Total Comp Stats: Minimum compensation: $75,000 Median compensation: $264,000 SumZero “The most valuable aspect about this new tool is both the broad, directional statistics you can absorb as well as the very granular detail you can search and filter for,” said Kapur. “You can get broad statistics on how much people are making at private equity funds in London or you can search for all the energy analysts working at $500mm to $1 billion hedge funds in NYC with 5-10 years of experience who get a certain percentage of the carried interest and who get to market their track records. Then, you can drill down and learn a whole lot more about each analyst’s comp structure.
The Morning Ledger: Ex-Finance Official’s Job Switch Makes Waves in Delaware
This compares to an average yield of 7.26% in the Real Estate preferred stock category, according to Preferred Stock Channel . As of last close, NRF.PRD was trading at a 4.04% discount to its liquidation preference amount, versus the average discount of 4.20% in the Real Estate category. Click here to find out the 50 highest yielding preferreds, at PreferredStockChannel.com The chart below shows the one year performance of NRF.PRD shares, versus NRF: Below is a dividend history chart for NRF.PRD, showing historical dividend payments on Northstar Realty Finance Corps 8.500% Series D Cumulative Redeemable Preferred Stock:
Personal Finance: Caution pays off in stocking up for school
At least 17 U.S. companies mentioned the effects of the currency swings on their financial resultsboth positive and negativein their most recent quarterly earnings calls, Murphy says, including Cummins, Cognizant Technology Solutions, Starwood Hotels & Resorts and Manitowoc. For companies with factories and customer-service call centers in India, continued weakness should have a tonic effect on results as their overhead costs become lower when converted into dollars. But for companies that sell their wares in India, revenue will translate into fewer dollars.
Northstar Realty Finance’s Series D Preferred Stock Shares Cross 9% Yield Mark
Coupons ‘n’ comparisons Whether they want the newest Nikes or the hottest cellphone, back-to-school shopping is a perfect chance to teach kids how to comparison shop, say finance experts. Have them look up prices from three different outlets as a comparison. Especially with electronics, show them how to look at terms, fees, monthly charges, etc., that go beyond the initial price tag for that cellphone or laptop. Try comparison sites, such as PriceGrabber.com or Shopper.com. Coupons are another money saver.