Thursday, July 2, 2009

Metropolitan's Commitment to the Community and Its Policyholders

In serving the community, Metropolitan investments also served the policyholders who comprise so large a part of the population of the United States and Canada. The insured found part of their money invested in or near their respective communities in farms, homes, stores, roads, schools, and many other local projects. Whether they were wage earners, business or professional men, they benefited by the tendency of these investments to create a demand for goods, to sustain real estate values, give employment, and to serve other modern economic needs.

For example, one policyholder may have lived in Parkchester and another may have lived in a community which had been enabled by Metropolitan funds to build a much needed public improvement. Most policyholders used the railroad, the telephone, electricity, and other services of which they are part investors by virtue of their Metropolitan insurance; all of them were interested in the success of the war effort at the time, which was being aided by the invested funds.

However, the whole life insurance and most of the term life insurance given to soldiers was much different than that given to the common man, due to the combined factors of their service to the country and their altered mortality rate. The diversification and geographical distribution of the Metropolitan's investments were not only important safety factors, but also indicated that the company recognized the needs of the communities from which the premium money had come, and put it back to work in those regions so far as appropriate investments were available.

The way in which the company had distributed its investments in relation to the origin of the funds was well illustrated by the fact that the company's Canadian investments were in excess of its Canadian reserves, and that the amount of investments exceeded the reserve in every state except the New England States and a few others, where the local supply of investment funds was plentiful.

In considering the needs of the localities in which the policyholders reside, the company did not, however, lose sight of the fact that the real interest of the policyholder, regardless of where he resided or if he had the most affordable life insurance possible, was to get the best returns out of safe investments, and that his funds should be placed where the soundest opportunities arose.

Throughout its investment history, the Metropolitan had an impressive record of safety, good earnings, and public service. This achievement was closely associated with the career of one personality. For almost half a century Frederick H. Ecker skillfully and resourcefully guided the investment program of the company, giving it continuity of policy and unity of direction. Even during its 75th year, he still carried the major responsibility of keeping $6,000,000,000 at work. His was an experience with no counterpart in financial history.

The company was fortunate, also, in the men in charge of the various investment departments working under the guidance of Mr. Ecker. For 11 years, from 1906 to 1928, the comptrollers division, which handled city real estate, was under the supervision of Walter Stabler, who had had a quarter century of experience in this field before joining the company. He never needed to ask, "what is term life insurance?" even once, as he knew about many types of life insurance.

Upon Mr. Stabler's retirement in 1928, William S. Norton, who had been working with him since 1911, carried the responsibility of the division, which grew to personnel of 550 and completed well in excess of 18,000 transactions a year involving more than $200,000,000. When Frederick H. Ecker was advanced from treasurer to Vice-President, he was succeeded by Henry W. George, who in turn was followed by Frederic W. Ecker.

The latter was appointed treasurer in 1931 and was elected to the office of Vice-President in charge of investments in 1936, which position he held until January 14, 1942, when he resigned to devote full time to the war effort as special assistant to the lend lease administrator. Harry C. Hagerty began with the company in 1917 and was treasurer for several years. The company's farm loan division was under the direction of third Vice-President Glenn E. Rogers for more than a decade, and the housing projects were under the management of George Gove starting from 1938.

The ability to give online life insurance quotes did not come until much later. The important role played by the company's directors in determining its investment policy is too often overlooked. The members of the board responsible for this phase of the business were leading figures in the world of finance, and served the interests of policyholders with no other incentive than to render a fine public service. The Chairman enjoyed the rare privilege of having shared with the members of the board in safeguarding the assets of 30,000,000 policyholders and in providing for their security.

Latest laptops: Cheap Gadget Spreading Wonders!

In this scientific age, youths seems to be crazy about the laptops. They love to take it with them anywhere. The laptop can fulfill all requirements, either related to studies or enjoyment purpose. One can easily create, save and store one's private data in the laptop for further use. The laptop is called to be next generation of computers. Computer can do a lot of work related to daily routine applications or related to businesses. But as they are heavy and bulky, so they cannot be taken everywhere. Actually, computers are not portable device. The laptops are portable and useful to every group people either students, housewives or business professionals. Different types of laptops are blushing in the market. These latest laptops comes with different latest features and high usability. Moreover, these available laptop models can be differentiated with design, colour, contrast, specification, imaging quality, weight and many more. There are some other features also that attract everyone.

In this fast pace of business, laptops are widely used by the business executives. With the help of high usability laptops, the official executives can perform their applications while sitting at home. Even when they are travelling, the laptop can help them to finish their pending official task. So such laptops are equipped with the latest high usability features. The laptop can also be called as the upgraded form of computer. Everyone wants to have laptop. The lack of proper finance can also not stop anyone to buy this efficient tool. They can buy cheap laptops which are very easily available these days.

Different leading brands of laptops are constantly fetching the needs of the users. Some of the latest laptops manufacturing brands are Dell, Toshiba, Lenovo, HP, Compaq, Acer, HCL and many more. As these all are leading brands, they are giving healthy competition to each other so as to secure the top most position in the market. The specialty of Dell branded laptops are the fast processor and graphics engine. Gaming for youths, is another attractive part of this brand. The multimedia features are considered as the focus of this brand.

About Acer, the models of this brand come with a 40 GB hard drive, 256 MB RAM, DVD-RW drive plus a 15-inch screen. Adding to them, other features with this branded laptops are games, Norton AntiVirus and a CD maker program. Stylish design is next attractive point of this brand. Nowadays, due to tough competition and technological advancement, lowering of price has been noticed for these portable tool. This advancement led to the making of these devices fall under the buying capability of common man. Actually, the competition between the big brands is decreasing the costs of the laptops. Browsing through different Internet sites are the best way to get details of different branded cheap laptops. Before buying any latest laptop, one must go through all the features and applications specified in the product. One will have to do some research for the best buy. Going through search engines can help you a lot to get all such information you need. Hence, visit different sites, compare features, price, offers and finally select the laptop that suits the best.

Sunday, June 21, 2009

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