Wednesday, August 29, 2012
Credit Agricole SA, France’s third-largest bank, saw its profit drop 67% in its second quarter over losses in Greece and a write-down of its stake in Italian bank Intesa Sanpaolo.Net profits plunged to 111 million Euros, from 339 million Euros a year earlier, the bank said in a statement Tuesday.
The National Bank of Greece SA, Eurobank Ergasias SA and Alpha Bank SA (ALPHA) submitted bids for Emporiki earlier this month. read more..
One of America’s most dangerous cities is planning to eliminate its entire police department, laying off all 270 of its cops.
The city of Camden has been struggling with a budget deficit for years. In 2011, it was named the poorest city in New Jersey. In an attempt to save millions, its officials decided to get rid of the entire city police force.
Bankrupt California cities slash public services to fund six-figure pensions.As some California cities face bankruptcy, public services are being slashed so unusually high pensions can stay on the books.
for example , in India ,President of India may be receiving six figure pension , but worked in Private limited companies as a citizen in India my pension is in Indian Rupees is Rs.1000/= only ,to survive with the present cost of living. like me many company employees and no one shows grace on us, what to do?.
Salary of Ex-President of India;
Salary in 2009 - dollars
September 24, 1789 $25,000 $566,000
March 3, 1873 $50,000 $865,000
March 4, 1909 $75,000 $1,714,000
January 19, 1949 $100,000 $906,000
January 20, 1969 $200,000 $1,175,000
January 20, 2001 $400,000 $487,000
may send donations to me .