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Single-legged economy

The economy is in quadruple depression—four times worse than normal recession—so do we prop it with hopeful rhetoric then sleepwalk it in grand mañana as we’ve done in recent past? The persistent fiscal crisis doesn’t leave much room for any fancy footing. Stagnancy and...
Posted On Jan 16 2015 04:00
, By John S. Del Rosario Jr.

Tang bills Settlement Fund $121,834 for 5-month time

U.S. District Court for the NMI designated judge Frances Tydingco-Gatewood yesterday ordered the Settlement Fund to pay its trustee, Joyce C. H. Tang, $121,834.48 for professional services and expenses incurred from June to October 2014. Tydingco-Gatewood said the amount...
Posted On Dec 19 2014 04:00
, By Ferdie De La Torre

Hofschneider OKs proposed deal to pursue claim vs Merrill Lynch

Acting governor Jude U. Hofschneider has signed on behalf of Gov. Eloy S. Inos and the CNMI government an engagement agreement that NMI Settlement Fund trustee Joyce C. H. Tang has renegotiated with a law firm that currently represents the claims against the NMI Retirement Fund’s...
Posted On Oct 27 2014 04:00
, By Ferdie De La Torre

Tang renegotiates deal with law firm to pursue claim against Merrill Lynch

NMI Settlement Fund trustee Joyce C. H. Tang has renegotiated the terms of a proposed arrangement with a law firm that is currently representing the claims against the NMI Retirement Fund’s former consultant, Merrill Lynch. Under the proposal submitted to federal court, Tang and...
Posted On Oct 24 2014 04:00
, By Ferdie De La Torre
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