10% earnings per share - 13% RoE. Get some NOW!

[herosrest]

Here's business in UK's spotlight at the moment.
The sort of people who just might be daft enough to think an expenses scandal in Parliament
is all it takes to turn attention aside.. from attention which will damage market price and bonus.


There is no such thing as co-incidence and suborning the mechanisms of state is treason.
Which, l believe remains a hanging offence.
Clients may opt for a private be-heading in the tower.

Why is anyone afraid of these people. There should be outrage and outright contempt felt for such attempts at secrecy.
Call in Klaus and the World Economic Forum's World Economic Forum Partnering against Corruption Initiative (PACI)
Corporate HQ is only down the road at Lucerne, Switzerland.
I'm certain the Swiss will do nothing less than lead by example in a matter of interference with affairs of a friendly state.

The IT angle to this story is a heads up.
All web sites carrying detail or in formation specific to the nature of Trafigura are being hacked, blocked and swamped to cause them and users outages. This is a very naughty and stupid fuss in a tea-cup and regardless of wallet size and favours called or bought, heads will roll at some time shortly. Be assured, it was in the tea leaves and foretold.
Treason is underway! Idiots are at play in affairs of state. An end to it. NOW!

GUY fAWKES TRIED THIS, ONCE UPON A TIME.

[herosrest]

Some very interesting software, maturing rather well.

[click logo to view search]

Silobreaker is a unique news aggregator that pulls content on global issues, science, technology and business from approximately 10,000 news, blog, research and multimedia sources. Using relational analysis and visualization tools, it is a free service for anyone interested in tracking topics, people, companies, places, or key words in web news sources. The service was designed with journalists, researchers, marketing and industry analysts in mind. Besides using Silobreaker for your own research topics, you may just want to check into certain sections of the site such as Media Attention Trends which currently showcases coverage (in the last week) of the democratic and republican candidates, narcotics, bird flu by country, acts of terrorism: Iraq vs. Afghanistan, and game consoles. Or you can make up your own topic.

[herosrest]

The couple behind the housing crisis. Yet, still yet, not one voice raised to point out that finance is too expensive, is actually all about interest payments rather than repaying principal and accounting rule changes left a mountain of people with significantly reduced equity. Accounting rules............. they were changed. The way assets were valued was changed........ low and behold, the li'l part of the equation no one dares to mention. A complete and utter dogs dinner, it was. The accounting rules changes caused the problem, that and finance which is grossly over priced and takes advantage of home buyers.

FAS 157 is stupid.

FAS 157 is stupid. (II)

Here's one for y'all, Who's sorry now or is he insane or can he just do no wrong?
I'm a genius - Get me out of here.

Jeffrey "At least when the Titanic went down, the lights were on" Skilling he who when asked if he was smart during his admissions interview for Harvard Business School, supposedly replied "I'm f***ing smart" and as CEO/managing director of Enron Capital & Trade Resources, was responsible for Internet-based energy trading and marketing used by virtually every energy company in the U.S. whilst advocating the company didn't really need any "assets, is to appeal against his convictions relating to his role in the collapse of the energy giant in 2001. Skilling is asking the US Supreme Court to consider whether the federal "honest services" law was applied correctly.

Will he want his bonus, re-instated.

[herosrest]

The rules put in place in response to Corporate and CEO abuse are themselves corrupt. Not in a criminal sense but in pure disregard of logic and Human Nature. If people are stealing, manipulating or misbehaving - you put in place practise to prevent it, catch them and punish them as example. Current practise puts the cart before the horse and ensures the worst of all worlds by covering up wrong doing with the wiggle of an accountants pen. Mark to market accounting is from the school playground - that it is used to measure and control serious business enterprise would bring the house down in fits of derision. Unfortunately, everyone, and l really mean everyone, either doesn't grasp it, doen't care yet or is simply afraid to talk up.
USA - you have got a disastrous problem in your laps with current, implemented, accounting practise.

Stet

[herosrest]

This is life as we know it. . This is not - but looks like a whole lot of fun. - Nuts - totally insane.

[herosrest]

Nomura's steal.

Watermark Place can match world-class location with excellent access - the City's fully-mature infrastructure puts Watermark Place within minutes of eight underground and five mainline stations. The important Institutions of the City are also only a few minutes walk from Watermark Place - Lloyd's is just over 5 minutes away, the Bank of England, the Mansion House and the Guildhall are even closer.

Watermark Place lies at the vibrant heart of a new business district - and a new type of business district: open, accessible, lively - that bridges the timeless grandeur of the river and the economic dynamism of the City. It fills in the urban fabric - and tilts the City's centre of gravity towards the river.

Get a Watermark....... (fishing licences available)

[herosrest]

The world economy IS still shrinking. There is no growth and the current financial cycle is one huge 'short'. Commercial property values in the U.S. declined in August as job losses and the recession cut demand for offices, retail space and rental apartments. The Moody’s/REAL Commercial Property Price Indices fell 3 percent in August from July, bringing the market’s decline to almost 41 percent since its peak in October 2007, Moody’s Investors Service said in a statement today. Prices fell 8 percent in both April and May, according to Moody’s. “We can’t call a bottom at this point, but it’s an encouraging sign to see the deceleration in the decline,” said Connie Petruzziello, a Moody’s analyst and co-author of the commercial property price report.U.S. Commercial Property Values Fall 3% in August Japan's economy in record plunge

It is slowly dawning on a very few people, that, oil price is headed north again above $100 a barrel. That IS going to happen during the next few months. The supply is reduced drastically since 2008. China has launched a huge infrastucture stimulus and will be gobbling up oil supply. Everything in place now, guarantees a rerun of the 2008 crisis 'surprise'. This time around though, there will be no bailouts from government - the Banks will miraculously save themselves - haha!

As the FASB valuation rules were implemented, they changed the measure of value. The way value was assessed changed. They result was a devaluation of assets. That is what happened. There was a flaw in the actual mechanics of FAS 157 BUT further - there was a flaw in the implementation process. Finance arranged before FAS 157 was valued one way and that afterwards the new (devalued way). As each and every one of the pre FAS 157 contracts comes due over its term, the contract price is as signed for but the asset values have been arbitrarily revalued to FAS157 and the starting point difference is -30%. The pre to post FAS157 valuation (Asset Price) difference broke the world economy. It just has not worked through the system yet because the problem is constrained by contract length.

Th IMF know financial balance sheets have a continuing disaster onboard - they know there is a disaster unfolding but cannot lay it out for all to see.