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Oregon investment - News


Oregon Sues OppenheimerFunds Over $37 Million in College Savings ...
Oregon Sues OppenheimerFunds Over $37 Million in College Savings ... KATUThey had an obligation to keep us informed if they were changing the investment strategy," Kroger said. The plan was marketed to parents sending children to Oregon colleges as an "ultra-conservative" college portfolio that was intended to protect oppenheimerfunds Sued by Oregon on College Fund Loss Oppenheimer Lawsuit Filed by Oregon Over Mutual Fund Losses Oregon Sues Over Risks Taken In Its '529' Fund  -

UBS to cut 11% of its employees - Bizjournals.com
UBS to cut 11% of its employeesIn October, UBS announced it would shed 2000 jobs — mostly in the United States and United Kingdom — and reposition its investment bank business. The company's five Oregon offices focus on wealth management, not investment banking, and were unaffected

Investing in Oregon's education - Oregon Daily Emerald
Investing in Oregon's educationAs University President Dave Frohnmayer pointed out, many of these students have gone all the way through K-12 education in the state, and therefore represent significant investments by the state already. It makes no sense to abandon these investments

Gnashing of teeth over hard times bites into dental care - The Oregonian - OregonLive.com
Gnashing of teeth over hard times bites into dental care - The Oregonian - OregonLive.com The Oregonian - OregonLive.comGnashing of teeth over hard times bites into dental care retirement because of the economic downturn and six retired dentists who inquired about resuming work because of their depleted investments. He also said he knows of 25 Oregon dentists who have filed for bankruptcy or are thinking of doing so.

Protect yourself at tax time - West Linn Tidings
Protect yourself at tax timeUnfortunately, in recent years we have had to help prosecute numerous residents of Oregon for tax fraud, willfully failing to file tax returns, investment fraud related crimes, mortgage fraud related crimes, laundering illegal drug money,

Oregon Sues OppenheimerFunds Over $37 Million in College Savings ...

., No. 09c14018 (Marion Co., Ore., Cir. Ct.).

"I think they were hoping to get risky equity-like returns in a bond fund," said John Kroger, Oregon's attorney general. "If they succeeded, they look like superstars, but unfortunately the strategy did not work," he said.

Oppenheimer spokeswoman Jeaneen Pisarra said, "OppenheimerFunds, Inc. is very disappointed by the actions of the Oregon Attorney General's office in filing a lawsuit against it today."

"The mutual fund cited in the complaint experienced significant losses due to unprecedented market volatility in 2008, as did other mutual funds and investments," she said.

Pisarra added that Oppenheimer has cooperated fully with the Oregon inquiry and despite the ongoing dialogue, the state proceeded to file suit "without so much as a single meeting with OFI to discuss their concerns or potential solutions."

She denied that OFI radically changed its investment policies in 2007 and 2008. Its strategies were readily apparent from the fund's public disclosure documents, she said.

Best way to hold ownnership of Investment Property in Oregon?

I am in Escrow on a small commercial property in Oregon ($1.9MM and 83 Units). I live in CA and am not familiar with Or laws. What is the best way to hold the property? S-Corp. Corp, LLC or something else?

Thanks


The nice thing about an LLC is that it is taxed like a partnership for two or more members. If it is a single member, then it is taxed like a sole propietor. In the eyes of the IRS, it is a "disregarded entity". Most people that I talk to think that it is simpler than a S-Corp/C-Corp since it has less federal regulations. I own my investment properties in an LLC and it is how I recommend others own theirs.

What is the top investment firm in Portland, Oregon?

I'm currently with Edward Jones but they aren't doing enough to protect my IRA. I'm looking for a firm that is capable of minimizing my losses in this bear market, and maybe even make some money. Please, only reply if you actually have experience or funds with the company.


i am with edward jones also - and i was thinking of switching but after doing checking i found no greener pastures!!!!

What Oregon city is the best real estate investment?

Looking to invest for 5 t 10 years in land or residential real estate. What city offer the best appeciation in the future?


Portland. There are better locations though. If interested, let me know: wchomeloans@yahoo.com

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