|
I have been following the developments surrounding the Dubai World’s sudden call for a standstill agreement with its creditors. But there are many articles written about this topic that I hesitated to add a new one. But now, thanks to a recent Reuters report, it is interesting to look at the issue from the perspective [...] So Goldman Sachs, JP Morgan and Morgan Stanley – three well known Wall Street financial institutions, have successfully repaid the US Government the billions of dollars of bailout money it took previously to avoid massive liquidity meltdowns and bankruptcies. In doing so, they have side stepped Government pay restrictions that are applicable to those financial [...] A BBC report caught my attention a while ago. It says that an unamed Saudi princess was robbed in her hotel suite in the popular Italian island resort of Porto Cervo. Now people do get robbed anywhere. But this robbery is somewhat unusual. It appears that the robbers had a real easy task to perform. We are familiar with stories about banks disappearing due to financial crisis – in effect these banks failed and went into bankruptcies. But a BBC report the other day tells of a bank in Uganda called the Visa Finance Bank that disappeared quite literally. And no wonder, for it was really a scam run by [...] So Cristiano Ronaldo has left Manchester United in a world record £80 ($130) million move to Real Madrid. It is goodbye EPL (English Premier League) and hello Primeria La Liga (Spanish League). Did you catch the headline the other day? It says so far this year there are 40 bank failures in the United States. That’s an average of approximately 7 bank failures every month. The Financial Meltdown I saw in The Star Newspaper in Malacca (Malaysia) today an advertisement that reads as follows: The Abruptly Wealthy |
 Friends: Followers: |
|
|
Copyright © 2010 A BIG MESSAGE for an upside down world - All Rights Reserved |
||
Recent Comments