Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...abridged description of the case against GE is simple. The assets of its financial unit, GECS, will suffer from high default rates as the recession undermines the ability of its business and consumer customers to pay their bills. A Deutsche Bank analyst recently wrote that GE Capital has zero value in contributing to the value of the company's stock. His argument is that the unrealized losses on the financial unit's balance sheet are greater than most investors understand. On top of the analyst's report, The Wall Street Journal reported that GE has significant exposure to the failing...
...valuable to look at the shares of GE through the eyes of common sense. The company has lost $300 billion of market capitalization in about a year. During the same period, Citigroup has lost $130 billion in market cap. Bank of America has lost $200 billion. Since GE's financial services business is not the majority of its revenue, the destruction of it market value seems extreme. Balance sheet jockeys would say that the trouble the market fears is hidden within GE's asset base and will jump out to eviscerate earnings soon. So far there is no sign that...
Grace Mugabe, four decades the President's junior, is accused by critics of extravagant spending sprees, with funds supposedly siphoned from Zimbabwe's state bank. According to the Sunday Times, she has spent tens of thousands of dollars on designer handbags and Vietnamese marble statues, and is supposedly speculating in a lucrative China-based diamond business. During stays in Hong Kong, according to local reports, Grace's entourage occupies two whole floors of some of the fanciest hotels. She was photographed in 2003 with 15 trolley loads of luxury goods while sitting in a first-class lounge in Singapore...
...even on his own, Bibi would be a bitter pill for the rest of the region to swallow. Netanyahu ran on a platform that would bring the peace process to a halt. His stated policies would continue the construction of Jewish settlements in the occupied West Bank, would brook no discussion of sharing Jerusalem as a joint capital between Israel and a future Palestinian state and, instead of negotiating for a two-state solution, would focus on "economic peace," in effect giving Palestinians jobs but not their land...
Italians are normally not good at waiting in line. During the weekly trip to the bank or post office it helps to have sharp elbows and a sense of entitlement. Getting on a bus or train can be more like packing down in a rugby scrum. But when those big moments in life arrive - the next step in your career, a business idea to launch, moving out of your parent's home - Italy is afflicted by a troubling surplus of patience...