Eric Smith News
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The Internal Revenue Service ruled that bonds sold by a Florida community-development district that issued $426 million of debt aren’t tax-exempt, a decision with potential implications for hundreds of similar entities.
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J. Eric Smith, the Americas head for Swiss Re Ltd., said the reinsurance industry’s capacity is “fairly robust.”
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Swiss Reinsurance Co., the world’s second-largest reinsurer, hired J. Eric Smith to lead its Americas business, replacing Pierre Ozendo .
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The New York Jets cut linebackers Bart Scott and Calvin Pace in a five-player purge to move the team closer to the National Football League’s salary cap.
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Year-end tax planning for U.S. taxpayers may be more about what’s happening next year.
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Investors who forget what they paid for shares of stock will get help starting next year, courtesy of the Internal Revenue Service.
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American Airlines’ disputes with its three largest unions may resurface in bankruptcy after the labor groups won seats on the creditors committee for parent AMR Corp.
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After Brian Finkelstein first heard about tax-lien investments three years ago, the former bond trader found the potential for 18 percent returns so compelling he jumped into the business full-time.
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Of all the absurdities to emerge from the government’s never-ending bailout of the U.S. financial system, here’s a new one that’s hard to top: The government, through Freddie Mac , in effect is now suing itself.
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Life insurance beneficiaries seeking federal protection for their money should take their proceeds straight to the bank rather than risk losing their cash by letting insurers hold onto it.
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