The protégé trusts you to treat him fairly and steer him right, while the old hand in this case, me wants to share his knowledge, thus insuring it's not lost with his passing.
The protégé trusts you to treat him fairly and steer him right, while the old hand – in this case, me – wants to share his knowledge, thus insuring it's not lost with his passing.
With no title to your shack you have no incentive to improve it, no way to insure it, no collateral with which to secure a loan, no address with which to become an official citizen, let alone to open a bank account: you are locked in poverty.
Just as everyone who drives a car must insure it, so everyone with a body must insure that, too.
Investment has risen dramatically, with VCs betting that, in the coming years, we'll see major shifts in both how we buy insurance and what types of items we insure with it.
One exception to the rule is Kaiser Permanente, a health-maintenance organisation (HMO) that provides care to 8.2m Americans insured with it.
Organized crime depends on extensive public-sector corruption, and, with its wealth, insures it.
Last year, Republican Senator Bob Corker and Democratic Senator Chris Murphy worked together on a bill that would have increased the gas tax by twelve cents over two years and then indexed it to inflation, in an attempt to insure that it kept pace with infrastructure needs.
And yet last year America's federal government announced that it would, in effect, expand its subsidies by insuring mortgages with downpayments as low as 3%.
Goldman acted as middle-man on $14 billion of that amount, after it took the risk of mortgage assets originated by other banks and insured all of it with AIG.
