20th-century vampires: AIDS has given rise to a controversial industry

Article Abstract:

Some investors purchase the life insurance policies of the terminally ill, paying between 50% to 85% of the policy's face value. Supporters of viatical settlements say they provide needed funds to people with AIDS or other terminal illness. There is a movement to legalize viaticals in Ontario.

author: Schofield, John
Insurance industry, Terminally ill persons, Terminally ill, Life insurance industry, Ethical aspects, AIDS patients, Viatical settlements

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Trading insults: critics assail a proposed treaty on investment

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British Columbia Liberal Gordon Wilson opposes Canada's involvement with the Multilateral Agreement on Investment. He says the agreement could cost Canada thousands of jobs and let foreign firms gain too much control over Canada's economy. Prime Minister Jean Chretien supports the agreement.

author: Schofield, John
Canada, Laws, regulations and rules, International trade, Economic policy, Political aspects, Commercial treaties, Trade agreements, Organization for Economic Cooperation and Development, Chretien, Jean, Wilson, Gordon

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Towering profits: why bank earnings are setting new records

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Industry experts attribute record 1996 bank profits to three factors: reduced loan losses; increased profits from investment banking and mutual fund sales; and expansion of international operations.

author: Schofield, John, Laver, Ron
Banking industry, Political activity, Zed, Paul

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subjects list: Finance
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