Day: September 8, 2020

Former Mrs. Bezos now richest woman in the world as Wall Street highs lead to reshuffling of top billionaires

A pandemic-fueled tech stock surge has led to a reshuffling at the top of the U.S. billionaires list.

MacKenzie Scott, a novelist and philanthropist who recently divorced Amazon founder Jeff Bezos, is now the wealthiest woman in the world, with a net worth of over $66 billion. Last week, Tesla CEO Elon Musk overtook Facebook CEO and co-founder Mark Zuckerberg to become the third-richest man in the world, after Jeff Bezos and Bill Gates, with a net worth of $115 billion.

Since pandemic lockdowns started in March, the combined U.S. billionaire wealth has grown by nearly $800 billion, or over 25 percent, according to an analysis by Americans for Tax Fairness, an advocacy group.

As part of her divorce, Scott got a 4 percent stake in Amazon, whose stock has been on a tear as coronavirus-induced lockdowns propel online sales and home deliveries. Shares have risen from nearly $2,000 to

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Minnesota Housing Finance Agency — Moody’s assigns Aa1 ratings to MN Housing Resi. Hous. Fin.Bds 2020 F&G; outlook stable

Rating Action: Moody’s assigns Aa1 ratings to MN Housing Resi. Hous. Fin.Bds 2020 F&G; outlook stable

Global Credit Research – 02 Sep 2020

New York, September 02, 2020 — Moody’s Investors Service has assigned Aa1 ratings to Minnesota Housing Finance Agency’s (Minnesota Housing or MHFA) $16 million Residential Housing Finance Bonds, 2020 Series F (AMT) and $109 million Residential Housing Finance Bonds, 2020 Series G (Non-AMT). We are also maintaining all Aa1 ratings on approximately $1.7 billion of outstanding Residential Housing Finance Bonds (RHFB or Program) parity debt. The outlook is stable.


The Aa1 rating assignment is based on the general obligation pledge of Minnesota Housing Finance Agency (Aa1/Stable) with further support from the pledged assets, and the financial performance of the RHFB program.

We regard the coronavirus (COVID-19) outbreak as a social risk under our ESG framework, given the substantial implications for public health and safety. The

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Talisman Casualty Insurance Company LLC Reveals Details of Their Surety Program

LAS VEGAS, NV / ACCESSWIRE / September 3, 2020 / Talisman Casualty Insurance Company LLC a protected cell captive insurance company in Las Vegas, Nevada, has revealed the details of their surety program. Through this program, they offer various types of surety bonds. A surety bond or surety represents a promise by a guarantor to pay one party, known as the obligee, a certain amount if the second party, also known as the principal, fails to fulfill the terms of a contract or meet some obligation. The surety bond functions as a protection for the obligee against losses in case the principal fails to meet an obligation.

There are a number of advantages of the surety program through Talisman Casualty Insurance Company LLC, because it is based on the protected cell captive insurance model. There are fewer principals participating in the coverage capacity in the captive insurance model. Thus, the

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Bold scammers come to residence to collect money: Mayfield Village Police Blotter


a car parked in a parking lot: Mayfield Village police

© Andy Attina /
Mayfield Village police

Fraud: Bramblewood Lane

A man, 80, received a phone call Aug. 26 from someone claiming to be his grandson and stating he was arrested and needed bond money. An unknown man arrived at his home a short time later and collected $9,500 cash. The suspect was believed to be driving a dark-colored sedan. Police say similar crimes are occurring in the region and a multi-agency investigation in ongoing.

Welfare check: SOM Center Road

Mayfield Heights police reported Aug. 25 that a 911 call was received from an elderly man stating he received a call from someone claiming to be at the library and saying he had been shot. Officers responded to the library and made sure all patrons were OK. The exterior checked fine as well.

Disturbance: Aintree Park Drive

Officers responded to a residence at 12:10 a.m.

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Gold Loan Vs Personal Loan: Which financing facility should you go for?

You need to pledge gold articles like jewellery, coins, bars, etc., with the lender to get a gold loan.

Amid the Covid-19 pandemic, many would be looking to take the help of borrowed funds to overcome their liquidity shortages arising out of any loss of income. However, it is important that you select the right borrowing product to best meet your requirements. Now, gold loans and personal loans are two of the most popular instruments that cater to borrowers’ needs. Both the products are different in terms of interest rates, charges, and features. So, how should one decide between the two financing facilities?

To know the answer, let’s find out the features of both the loan instruments.

Gold Loan

You need to pledge gold articles like jewellery, coins, bars, etc., with the lender to get a gold loan. So, gold loans are backed by collateral in the form of your

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