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In many cases, banks are servicing loans on behalf of mortgage security investors, and banks have a duty to maximize recoveries on behalf of those investors.
I once did an interview with a leading supporter of the movement to privatize -- and I asked him, "Can you guarantee an annual return to Social Security investors on their money?" He snapped: "You know I can't, you know I can't".
"We believe that malfeasance within defined-contribution plans may significantly jeopardize the retirement security investors have in these plans," said Edward A.H. Siedle, president of the Center for Investment Management Investigations, a unit of the Benchmark Companies, that investigates money management abuses on behalf of pensions.
But if a policy is purchased and packaged into a security, investors will keep paying the premiums that might have been abandoned; as a result, more policies will stay in force, ensuring more payouts over time and less money for the insurance companies.
With such high awareness about security, investors have been investing heavily in the sector over the past several months.
With a glut of security startups out there, this one managed to get the attention of some well-known security investors.
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For the best buys in the oil patch from Forbes/Lehmann Income Security Investor click here.
As part of the funding round cyber security investor Bob Ackerman is also joining the board.
Schlein is a distinguished security investor, having invested in such noted security exits as Mandiant, LifeLock and CarbonBlack.
As money shifted into Treasury securities, investors sold off euros for dollars.
This has brought prices down and made the business unattractive for securities investors.
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