Cornerstone in the News
Following are newsletter articles that reflect our current thinking, posts that Jill writes for www.boston.com, and information about general activities and events in which we have participated.
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Cornerstone Happenings
Jill . . . visited Sam in Berlin in April along with Max (the younger son) and her parents. She also participated in a 2-day collaborative divorce training with divorce attorneys and mental health professionals (see article below.)
Money Market Funds
New rules established by the Securities & Exchange Commission to improve the safety of money-market funds went into place recently. Specifically, money funds must now hold at least 10 percent of assets in cash or highly liquid securities that can be converted to cash within one day. And at least 30 percent of a money fund's assets must be held in cash or Treasuries that mature in 60 days or less, or that can be converted into cash within a week.
Fear, Regret, and a Beacon
There is increasing concern about the economic consequences of our burgeoning US debt and the unsustainability of maintaining this debt in the long term. The financial crisis and recession triggered a severe decline in tax revenues and an increase in stimulus spending that caused the federal annual budget deficit to soar from 1.2% of GDP in 2007 to almost 10% in 2009-its highest level since 1945.
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Contact Information
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New Hampshire Office
Jill Boynton
70 Old Post Road
Newington NH 03801
Near Portsmouth
603.431.1133 -
Maine Office
Susan Veligor
70 Center Street
Portland ME 04101
207.772.8133


