I did not have nationalization relations with that bank!
February 25, 2009
RBS May Not Avoid Full Nationalization With Insurance | www.bloomberg.com
Well, did you or didn't you? Guess we are not sure any longer since we have various definitions floating around. Both the UK & US have essentially shored up the depositors principal, and stripped the investors equity.
February 17, 2009
Axa Asia Posts A$372.9 Million Loss on Investments | www.bloomberg.com
In Southern California I watch Axa commercials on CNBC stating I can receive guaranteed payments for life.
Something is better than nothing
December 8, 2008
RBS Promises Borrowers Six-Month Respite Before Foreclosing on Mortgages | www.bloomberg.com
The last six months of this frm's operation has seen its share of challenges. Executives and equity holders have experienced severe penaltys for the onging global financial and real estate meltdown. If the equity holders can have something of a planned ROI, it is better than nothing. Sad that we are at this point, but unfortunately we are.
November 10, 2008
Banks to defy Government and raise mortgages rates | www.timesonline.co.uk
Peter Mandelson, the UK Business Secretary, added to the pressure on lenders to pass on the Bank of England's expected base rate cut to homeowners, saying that that banks who did not would face a customer backlash. Henry M. Paulson Jr., the US Treasury Secretary plans to call for the Federal Reserve to be given new, explicit powers to intervene in the workings of Wall Street firms to protect the financial system, adapting his vision of how the financial world should be regulated to reflect the lessons of the collapse of Bear Stearns.
November 10, 2008
Hey, Barack: Hire Me! A four-day plan to restore the U.S. economy By James Cramer | www.thebigmoney.com
This is NOT Jim Cramer bashing! However, let's look at the man's and his employers disclosure! Personally I do enjoy the CNBC educators/entertainers/reporters especially those that have some action in the game, and I firmly believe if the viewer is tempered correctly, and takes this information with its proper disclosures... the information does no harm. And yes, perhaps even does some good!
November 10, 2008
Automakers' $25 Billion Fast-Track Bailout | www.businessweek.com
For too many decades the US Auto Industry has presented its share of troubles to the employees, contractors, investors and customers of Automobiles. The US government recognizes the extreme hardship to the US workers and economy of failing auto enterprizes and desires some variation of a bailout.
November 6, 2008
RBS unveils capital plan as writedown hits £6.1bn | business.timesonline.co.uk
Seems that still today (11/5/2008) that various US financial stock market reporting data indicates symbol RBS (Royal Bk Scotland Group Plc) has a per share price value of USD $1.08 and dividend yield of such an unbelievable nature as well as n/a (as of 12:19 PM EST on 11/05/2008 in USD - NYSE). Investors must have access to reliable information and data along with transparency to evaluate risk.
November 5, 2008
AT&T's Troubling Trends | www.businessweek.com
Personally during the previous 30-years I have utilized the business and services of AT&T land line and wireless services. I have experienced the previous court break-up of AT&T - the dividend destruction of AT&T common stock, and never sure which company the current AT&T would purchase to bring it back to the AT&T of old.
What EXACTLY is in this thing? The “mark-to-market” effect.
November 3, 2008
Deutsche Bank profit plummets 94% | www.bankingtimes.co.uk
Deutsche Bank posted a profit in the third quarter of 2008, but only after adopting EU accounting rules (avoiding a loss by making so-called “mark-to-market” valuations of its investments) that allowed it to apply a new method of valuing its assets. Deutsche Bank senior executives will not be paid bonuses this year and shareholders have been warned that future dividend payouts will be affected by falling profitability this year and next.
October 29, 2008
How Detroit Drove Into a Ditch | online.wsj.com
Ford is expected to move 124,000 units in October 2008
E-Insurance: When will the insurance industry adopt modern communication tools?
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