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PGIM India Retirement Fund NFO: Should You Invest? - The Hindu BusinessLine

PGIM India Retirement Fund NFO: Should You Invest? - The Hindu BusinessLine
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Weekly Musings – NFO Pick (PGIM India Retirement Fund)

Weekly Musings – NFO Pick (PGIM India Retirement Fund)
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Detailed text transcripts for TV channel - FOXNEWS - 20120508:22:23:00

washington about what to do about the u.s. postal service. correspondent william la jeunesse looks at why the service is in trouble and the options for fixing it. ♪ ♪ ♪ try to get the mail through pony express ♪ >> a lot has changed since horses moved the mail. today it increasingly arrives like this -- >> you've got mail. >> because of it, the u.s. postal service is broke. >> if the post office was a business, it would be in bankruptcy. it's incontro incontrol vent. >> today -- insolvent. >> it does not receive a federal subsidy. it may be changing. >> today we took a very important first step to save an american institution. >> the u.s. senate passed $34 billion bill last month that prohibits the service from closing 250 mail processing service and 3,000 rural post offices. the subsidy fully funds a union retirement fund.

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Detailed text transcripts for TV channel - FOXNEWS - 20120508:16:26:00

would be in bankruptcy. it's insolvent. >> reporter: today the postal service loses $25 million a day. contrary to conventional wisdom, however, it does not receive a federal subsidy. that may be changing. >> today we took a very important first step to save an american institution. >> reporter: the u.s. senate passed a $34 billion bailout bill last month that actually forces the postmaster to accept taxpayer money for jobs he doesn't need and buildings he doesn't want. the bill prohibits the service from closing 250 mail processing centers and 3,000 mostly rural post offices. republicans like that. the subsidy also fully funds the union retirement fund. democrats like that. who's not happy? well, congressmen like republican dennis raz -- ross who says taxpayers should not be forced to sustain a business

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