08/14/2006

Liquids

Hello:

Last week, liquids ceased to flow from the Prudhoe Bay Oil Field while other liquids were banned as carry-on items in response to a foiled terrorist plot. Also, the US Dollar became the preferred "liquid" safe haven over the Swiss Franc due to our comparatively higher interest rates. Last, but not least, we continued (and will continue) with our theme of increased liquidity (building cash reserves) during the summer doldrums.

Another popular talk that we offer is: Fiduciary Responsibilities Involved in Overseeing Foundation and Endowment Investment Portfolios.

Please feel free to contact us if this talk might be of interest to your board.

Terri G. Millson, CIMA, CIMC President

Ray Dicius, CSA, GEPC LPL Branch Manager