Friday, May 25, 2012

Bankia demands a ransom of $24,000 million Spanish

Bankia Spanish bank was most affected by the financial crisis and had to be partially nationalised by the Government.

The fourth largest financial institution Spain, Bankia, asked the Government injection of $24,000 million, which would be the largest bank bailout in the history of the country.

This comes a few weeks after the Government Inyectara US$ 6,000 million to bail out the Bank.

Also Bankya were on Friday stocks on the Bolsa de Madrid suspended, while a team the State presented a restructuring plan developed.

The Bank, which was nationalized some two weeks ago, is the impact of a large amount of debt after the collapse of the real estate market in Spain.

On the other hand, standard & poor's rating agency downgraded Friday five Spanish banks, including Bankya qualification.

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HP announces end of 2014 27,000 layoffs

After the President of HP measures are necessary to improve the health of the company.

The largest in the world, Hewlett-Packard, computer maker announced that up to the year 2014, 27,000 employees was the 8% of its workforce. The computer group would save $3.5 billion so far.

The President of Hewlett-Packard, Meg Whitman, said that savings will help the company to adapt to technological change by the growing demand for Internet access via mobile phone.

Correspondents explain the popularity of so-called smartphones and computers tablets to prevent sale of HP in the area of personal computers.

The company announced that a profit of 3,061 billion during the first half of fiscal year 37.6% had less every year.

HP has 349.600 employees in 170 countries of the world.

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Bankia might request $18,000 million of the Government of Spain.

Bankia, Spain, which was partially nationalised recently in a sense could demand the fourth Bank Group on Friday the Spanish State aid of more than US$ 18,000 million euro viability plan designed by the new management team of the entity correspond to.

Hilfe-, that are used, the identified needs of the capital - according to various sources of the news agencies cited the Fund get Banko restructuring (FROB) by the Government in Madrid was founded.

Bankia born 2010 product of the merger of seven Spanish savings banks in the context of the reform of the Spanish financial sector by the Executive of the ex-President José Luis Rodríguez Zapatero carried out.

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Saturday, September 3, 2011

Smart Business: Man finds $150,000 in garden

(quote busines to business) As the old saw goes, Man finds $150,000 in garden, money doesn't grow on trees. But sometimes it sprouts up in the garden. An unemployed man in northern Illinois was out working in his backyard when he came across some serious green: bags filled with $150 K cash.

Wayne Sabaj was headed to pick some broccoli to go with his roast. The carpenter spotted duffel bags that looked like trash by the peppers -- but they turned out to be a cash crop: stacks of $20 bills that added up to about $150,000. The 49-year-old, who is living with his dad, did not exactly jump for joy.

The out-of-work carpenter told ABC7, "I could really use this money." But with this money comes trouble. He explained, "With my luck, it would be bank robbery and I'd get caught and say I'd robbed a bank."

So the honest man with money troubles alerted the police to his amazing backyard treasure.

For now, police haven't a clue to where the cash came from: There are no reported burglaries in the area, and no banks have been robbed.

Then there was the concern that whoever left the money behind would be back, and that's a problem the Sabaj men would rather have solved by the police.

If nobody comes forward to legitimately claim the cash, there may be a happy ending for the man tending his garden: Police will help figure out if Sabaj can keep the money. The carpenter has retained an attorney just in case.

For now, the cash is in custody with the country sheriff, who left behind a card on the lawn where Sabaj found the bags, bearing the simple message, Please call.

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Thursday, January 20, 2011

7,000 Cows Die in Vietnam



7,000 Cows Die in Vietnam

Remember Hosea 4:1-3. Another 7,000 Cows die in Vietnam.

Full Article Here


By: EFG-BN

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