Archive for September 5th, 2010

PwC to axe final salary pensions

Posted on September 5th, 2010 in Economy | Comments Off

UK arm of accountancy and consulting firm announces move after predicting wave of closures of such schemes

Read the rest here:
PwC to axe final salary pensions

Craigslist acts over adult advertisements

Posted on September 5th, 2010 in Economy | Comments Off

The US classified ads site blocked access to its ‘adult services’ section replacing it with a banner marked ‘censored’ after campaigners said it encouraged prostitution

Go here to see the original:
Craigslist acts over adult advertisements

BP revives bid to sell Alaskan assets

Posted on September 5th, 2010 in Economy | Comments Off

BP has revived the sale of its fields in Alaska after failing to dispose of them to Apache of the US earlier this year. The UK oil group is hoping to sell part of its stake in Prudhoe Bay, the giant Alaskan field, according to banking sources

The rest is here:
BP revives bid to sell Alaskan assets

Oracle looks to give Hurd leading role

Posted on September 5th, 2010 in Economy | Comments Off

Oracle’s board will meet within days to vote on a deal to bring Mark Hurd to the company in a top role, marking a rapid corporate rehabilitation for the ousted Hewlett-Packard chief executive

Excerpt from:
Oracle looks to give Hurd leading role

Hooked on Prescription Drugs – Half of US Took at least One Prescription Drug in Previous Month

Posted on September 5th, 2010 in Economy | Comments Off

Here is an interesting article on Bloomberg regarding prescription drug usage. The study is from 2008. Please consider Prescription Drug Use Rose to Include Half of Americans in 2008.Almost half of Americans took at least one prescription drug per month in 2008, an increase of 10 percent over the past decade, a U.S. study found. One of every five children ages 11 or younger took at least one medication each month in 2008, led by asthma and allergy treatments, according to the survey released …

Read this article:
Hooked on Prescription Drugs – Half of US Took at least One Prescription Drug in Previous Month

At least we can now identify the next scam – Stuff.co.nz

Posted on September 5th, 2010 in Uncategorized | Comments Off

Stuff.co.nz At least we can now identify the next scam Stuff.co.nz But something changed around about the 1980s when the Wall Street Gordon Gekkos first started proclaiming that “greed is good”. Finance became predatory. … and more

Sunday Funnies 2010-09-05 Voting Trends

Posted on September 5th, 2010 in Economy | Comments Off

Mike “Mish” Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post ListMike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.htm… to learn more about wealth management and capital preservation strategies

More:
Sunday Funnies 2010-09-05 Voting Trends

Cross-border lending by banks rises

Posted on September 5th, 2010 in Uncategorized | Comments Off

Cross-border lending by banks rose at the start of this year for the first time since the collapse of Lehman Brothers in a sign that the reversal of financial globalisation seen in the past two years is coming to an end

Read more:
Cross-border lending by banks rises

Private equity groups line up bids for Polkomtel

Posted on September 5th, 2010 in Uncategorized | Comments Off

Apax Partners, Blackstone, TPG and CVC Capital Partners are among the big private equity groups working on potential bids for Polkomtel, one of Poland’s biggest mobile phone operators

Read more from the original source:
Private equity groups line up bids for Polkomtel

Driver’s License Facility, State Lawmakers Face Eviction Over Nonpayment of Bills by State of Illinois

Posted on September 5th, 2010 in Economy | Comments Off

The state of Illinois is sitting on $4 billion in unpaid bills. Some of that is to hospitals, some to schools, some of it is internal transfers, but a lot of it affects the lives of real people who need the money to pay their bills. For example, please consider Libertyville driver’s license facility may be evicted Stephen Martin, whose family owns the Brookside shopping center on the 300 block of Peterson Road that houses the Secretary of State office, has sent a letter to state officials …

Read this article:
Driver’s License Facility, State Lawmakers Face Eviction Over Nonpayment of Bills by State of Illinois

BBB warns of work scams in down economy – KSDK

Posted on September 5th, 2010 in Economy, Scams, Work From Home Scams | Comments Off

BBB warns of work scams in down economy KSDK While many legitimate businesses allow employees to work from home , there are also a lot of scammers trying to take advantage of senior citizens, … and more

Dissolving Cities – Is this the Way Out?

Posted on September 5th, 2010 in Uncategorized | Comments Off

Some cities in California are so bloated in debt and other problems they are considering dissolution. Mercury News asks is this The End of Half Moon Bay?Between budget losses and lawsuit payments, Half Moon Bay’s financials have become so dire that if a local sales tax measure doesn’t pass this November, officials say they may have to disincorporate. City leaders have been using the “D” word for a few weeks now as they try to persuade voters to pass Measure K, a one-cent sales tax …

Continued here:
Dissolving Cities – Is this the Way Out?