Business Trust Preferred Securities Scam Slam Looking for an Investment with Higher Yields and Liquidity? In an environment where investments that team higher yields with liquidity are scarce, Trust Preferred Securities may offer the solution. They provide • • • • A fixed dividend rate Regular periodic income Stated maturity (in most cases) Liquidity — Most trade on major exchanges Yields may range from 7.00% to 9.00%* As part of a diversified portfolio, Trust Preferred Securities may be suitable for both individual and institutional investors. Call Sheldon Rosenberg in Baird's Bloomfield Hills office today for more information and a free product brochure. Please read these materials carefully before you invest or send money. • Yield range as of 3/30/98 and is subject to change. Some issues arc rated below investment grade quality and therefore may not be an appropriate investment for the risk averse investor. Sheldon L. Rosenberg Senior Vice President-Investments Robert W. Baird & Co. 200 East Long Lake Rd., Bloomfield Hills, MI 48304 248-594-4329 • 1-888-594-9959 Powerful Ideas. Powerful Results. Ba ■ rd/NORTHWESTERN MUTUAL COMPANY =1111•111111111111111=111111111 ■ 41111111111111 ©1998 Robert W. Baird & Co. Incorporated. Member New York Stock Exchange, Inc. and other prinicipal exchanges. Member SIPC. www.rwbaird.com 575 This month marks the official en to Esther Shapiro's 24 years of helping Detroiters figh co nsume r W. Archer, reappointed Shapiro in December 1993. But did Archer fire or force her out last month, or did Esther Shapiro simply quit? "I'm not he scam artists must be going to answer that," is all Shapiro, rejoicing. Esther Shapiro is age 80, will say. stepping down as the vigi- Her replacement is Hispanic with lant head of the City of impressive consumer protection cre- Detroit's Consumer Affairs dentials of his own. Realistically, there Department. are more Hispanic voters in Detroit Appointed the first director of the for Archer to cultivate than Jewish department by Mayor Coleman A. voters, a dwindling enclave at best. Young in July 1974, Shapiro's name Esther and Harold Shapiro, her hus- has been synonymous with investiga- band of 58 years, are tion of consumer complaints among that small number. and with consumer education. Esther Shapiro: They live in downtown . She brought the depart- The con sumer's Detroit's Lafayette Towers. ment high visibility through friend i n Detroit. But Esther Shapiro said her daily consumer bulletins, they reside in the city by formerly broadcast on WWJ choice, not because it was ever a requi- Radio, and the weekly column she wrote for the Detroit Free Press prior to site of her employment. Once Shapiro has finished sorting the newspaper strike. her boxes of memories, what will the c3 Shapiro was one of the highest future hold? She'll be "going into ranking Jews in the administration of another form of consumer advocacy. Mayor Young, which at one point also I'm not leaving the field," she said. included Tina Abrams Bassett as direc- Both Shapiros were longtime asso- tor of public information, Nate ciates of Coleman Young, dating back Chalnick as director of City Airport, to his days as a labor activist. and Sid Rosen, who was in charge of "Coleman kept a picture on back of Detroit's senior citizen program. his credenza for years of him wearing Young's successor, Mayor Dennis ALAN ABRAMS Special to The Jewish News VISiTEd ISRAEL RECENTEy? 1N is pREpARiNg SpECiAl. COVERAGE CELEBRATING THE 50Th ANNIVERSARY of ISRAEL'S STATE1.100d. WE ARE lookiNg foR THE bEST PEACES TO SEE ANd THINGS TO do whilE ON A VISIT TO THE Holy Please send your travel tips, typewritten, double-spaced and no more than a half page ( 8 1/2 X 1 1" sheet of paper) to ISRAEL' S 50Th-TRAVEL Tips-DETROIT JEWiSil NEWS 27676 FRANkliN RoAcI,SourlifiEld, MI 44034 fAx: 248.354-6069-EmAil: djN@Aol.com Photos welcome. Names and hometown of everyone (ages of children), a description of the photo and its location should be attached to the back. Please include a daytime phone number in case we have questions. Deadline: April 3, Thanks