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- October 3rd, 2008
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mark89 has posted a new entry on: Insanitary Media Behavior
How the Bailout Is Like a Hedge Fund.
its funny, but The Wall Street bailout is alive again. In an effort to make the $700 billion bailout palatable, the architects of the law have larded it up with all sorts of goodies, such as increasing the levels of deposit insurance, sparing some ta
- October 2nd, 2008
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mark89 has posted a new entry on: Insanitary Media Behavior
Rose relief as M&S is down but not out
Sir Stuart Rose earned some breathing space today, with a trading statement that suggests Marks & Spencer may be weathering the worst of the economic storm.Although sales in the 13 weeks to 27 September fell 6.1%, this was slightly better than the Ci
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mark89 has posted a new entry on: Insanitary Media Behavior
Sir Ian Blair quits the Met
Boris Johnson has forced out Sir Ian Blair as head of the Met. Britain's most senior police officer resigned tonight after a crisis meeting with the Mayor yesterday afternoon. The Standard has learned that Mr Johnson, who took control of the Metropol
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mark89 has posted a new entry on: Insanitary Media Behavior
Ireland includes UK banks in its £315bn deposit guarantee
The Irish government today changed the law to allow the offshoots of UK banks Royal Bank of Scotland and HBOS in Ireland into its €400 billion (£315.5 billion) deposit-guarantee scheme.The scheme, which guarantees 100% of savings and deposits held
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mark89 has posted a new entry on: Insanitary Media Behavior
Rowling banks £170m in year: Forbes
JK Rowling is the world's best paid author, banking more than £170 million in the last year, the US business magazine Forbes has said.Rowling, who wrote the first of her best-selling books about boy wizard Harry Potter while an impoverished single m
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mark89 has posted a new entry on: Insanitary Media Behavior
Bond film to hit Indian theatres before it reaches US
Breaking away from tradition, the new film on the charming and suave secret service agent James Bond -- "Quantum of Solace" -- will hit the silver screens in India a week ahead of the trip it makes to the US. The film will be released in India on Nov
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mark89 has posted a new entry on: Insanitary Media Behavior
Indian food: new crush of Japanese
Tokyo (PTI): In Japan, India is virtually synonymous with 'curry'. Indian food has now got the Japanese hooked and is gradually replacing Chinese and Thai, their other favourites, with hundreds of restaurants mushrooming across its islands and an unp
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mark89 has posted a new entry on: Insanitary Media Behavior
Dell's customers snubbing green initiative
Dell is still finding it an uphill struggle to persuade its customers to take part in its "Plant a Tree for Me" scheme. Under this plan, customers can choose to spend an extra $2 per notebook or $6 per desktop to offset its estimated carbon emissions
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mark89 has posted a new entry on: Insanitary Media Behavior
Hookah, chillum smoking more toxic than cigarette: Study
Traditional hookah and chillum are more injurious to health than cigarette, a study has said. The study underlines that the old mode of smoking is much more harmful than cigarette smoke as carbon monoxide (CO) level is higher in it, the study conduct
- September 29th, 2008
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mark89 has posted a new entry on: Insanitary Media Behavior
Quovadis ?
It appears that the voters voted against the bailoutNow where to go ?"There's a real sense of frustration. People see their tax dollars spent bailing out financial institutions, and they themselves are not doing well," There were also a lot of eyes r
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mark89 has posted a new entry on: Insanitary Media Behavior
Foreign Nations Pledge Support, but Not Financing
The United States, having expanded its proposed rescue of the financial sector to include foreign banks, has not yet found any other country willing to join the landmark bailout.The Treasury Department still hopes to marshal a worldwide effort to cle
- September 28th, 2008
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mark89 has posted a new entry on: Insanitary Media Behavior
Bank offers £40bn funds to ease the pain
The Bank of England waded back into the money markets today, offering banks £40 billion of longer-term funds to try to ease the lending crisis.Banks have all but stopped lending to each other because of their fears about each other's solvency. The s
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mark89 has posted a new entry on: Insanitary Media Behavior
Warren Buffett and the only banker he trusts
AT midday on Tuesday this week, Byron Trott, a banker in Chicago, picked up the phone and speed-dialled a number in Nebraska. A flurry of other calls followed. Within hours, Trott's employer, Goldman Sachs, announced it had secured a $5 billion injec
- September 27th, 2008
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mark89 has posted a new entry on: Random Images
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mark89 has posted a new entry on: Insanitary Media Behavior
JJB dives into red as retailers go reeling
JJB Sports has tumbled to a dramatic loss amid what it described as the worst retail recession it has ever seen.The sports gear and health clubs group today said it made a loss of £8.4 million in the last six months against a profit of £8.7 million
- September 21st, 2008
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mark89 has posted a new entry on: Insanitary Media Behavior
The Dumbest Bank ?
The German government has reacted with fury to an admission by federal bank KfW that it passed €300 million (£237 million) to Lehman Brothers only hours before it went under.A KfW spokesman said the money was part of a swap arrangement, and there
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mark89 has posted a new entry on: Insanitary Media Behavior
Market uncertainty adds to bid — BHP
Marius Kloppers, the chief executive of mining giant BHP Billiton, says his hostile $111 billion (£60.93 billion) bid for Rio Tinto is more attractive amid the current “uncertainty” in global financial markets.“We view this transaction, if any
- September 20th, 2008
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mark89 has posted a new entry on: Insanitary Media Behavior
Spielberg, Anil Ambani sign $1.5b deal
It's the biggest marriage of Bollywood and Hollywood in the history of cinema. Anil Ambani's Reliance Big Entertainment and Steven Spielberg's DreamWorks SKG have inked a $1.5 billion deal to set up the new DreamWorks. ( Watch )"The new age studio wi
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mark89 has posted a new entry on: Insanitary Media Behavior
World watching on how to tackle crisis
Today's ban on short-selling by the FSA is described as part of a co-ordinated global strategy to help financial markets recover.That's fine on the face of it, but when it comes down to the details today's actions look far from co-ordinated.In London
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mark89 has posted a new entry on: Insanitary Media Behavior
'Rich' farmers opt for drought relief in Australia
THOUSANDS of farmers are receiving taxpayer-funded drought relief despite having access to $2.8 billion in savings they squirrelled away during economic good times.And the federal Government's National Rural Advisory Council has revealed the nation's
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mark89 has posted a new entry on: Insanitary Media Behavior
Galaxy writes down licence by HK$8.2b as earnings dive
Macau casino operator Galaxy Entertainment Group wrote down the value of its gaming licence by HK$8.16 billion yesterday, as first-half pre-tax earnings plunged 51.6 per cent, while rival SJM Holdings surprised with a 27 per cent increase in pre-tax
- September 19th, 2008
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mark89 has posted a new entry on: Insanitary Media Behavior
A new bailout entity
After a series of ad hoc, multibillion-dollar rescues — from mortgage giants Freddie Mac and Fannie Mae to global insurance giant AIG — the panic in the credit markets has not subsided.On Friday the Bush administration, which is now working with
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mark89 has posted a new entry on: Insanitary Media Behavior
And they say the US Exported More !
The U.S. trade deficit rose to the highest level in three months, with record oil prices and a flood of toys and other imports from China swamping a solid gain in American exports. The Commerce Department reported Wednesday that the deficit for Octob
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mark89 has posted a new entry on: Insanitary Media Behavior
World Bank gives USD.5.5bn to fight poverty in South Asia
The World Bank Group extended loans, credits, grants, equity investments, and guarantees totalling over $5.5 billion to South Asia in fiscal year 2008.The funding supports 79 new projects designed to overcome poverty and boost growth through practica
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mark89 has posted a new entry on: Insanitary Media Behavior
Price war forces petrol prices down
Petrol prices fell across the UK today as a price war brought a hint of relief to motorists struggling to fill their cars.Supermarkets led the way last night as they followed Morrisons in announcing cuts in fuel prices – and today BP and Shell say
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mark89 has posted a new entry on: Insanitary Media Behavior
Govt needs $100b to revive infrastructure, says ambassador
THE Ambassador of Nigeria to Germany, Mr. Abdul Bin Rimdap, has said that Nigeria needs about $100 billion investment in infrastructure development.He said there was the great need to develop infrastructure to aid industrialisation, trade and commerc
- September 7th, 2008
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mark89 has posted a new entry on: Insanitary Media Behavior
Managing Your Money...
In Michigan, an advertisement offers this come-on to those 60 and older...Come learn from the IRA Technician" at a seminar that more than 10,000 seniors have attended. Top sirloin steak will be served — along with tips on "how to guarantee your IRA
- August 25th, 2008
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mark89 has posted a new entry on: Random Images
- August 16th, 2008
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mark89 has posted a new entry on: Random Images
- August 11th, 2008
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mark89 has posted a new entry on: Random Images
- August 8th, 2008
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mark89 has posted a new entry on: Random Images
- July 28th, 2008
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mark89 has posted a new entry on: Random Images
- July 27th, 2008
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- July 26th, 2008
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mark89 has posted a new entry on: Random Images
- July 24th, 2008
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mark89 has posted a new entry on: Random Images
- July 23rd, 2008
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- July 22nd, 2008
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mark89 has posted a new entry on: Random Images
- July 19th, 2008
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mark89 has posted a new entry on: Random Images
- July 16th, 2008
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mark89 has posted a new entry on: Random Images
- July 14th, 2008
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mark89 has posted a new entry on: Insanitary Media Behavior
Sun to add Microsoft Windows to servers
This should benefit both of them in the long run . With a security deposit of pocketed $1.95 billion in their pockets, Sun shouldn't find this difficult Sun Microsystems Inc. will begin building servers with onetime foe Microsoft Corp.’s Windows op
- July 11th, 2008
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mark89 has posted a new entry on: Random Images
