Wii U sales dropping off in Jan. is no great surprise. Not after just coming out of a good month like Dec.. I still don't understand the difference between GAAP and non GAAP losses though.
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
I find it ironic that Mr. Hansa uses a 2500 year old fable that Hungary exploited to promote a savings plan in their country in 1958. And it's been recycled right up to the very present with "Barrack Cicada"
In their telecom industry report in late 2011 S&P mentioned AMT and Crown Castle as some of the better performing prospects. They both do a lot of contract work for T.
A senior official says Cyprus has reached an agreement with the Troika to impose a 20% tax on accounts over €100K at the Bank of Cyprus and a 4% levy on similar accounts at other domestic banks. The same source told Reuters the country would not nationalize pension funds.[View news story]
I can't believe he said that. Balance out? Some of these deposits of 100k+ are peoples life savings. And they had it in there because they thought it was safe. The number one rule about breaking rules is that it just gets easier to do the next time.
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
It'll be a mess for a while too. But they are just going to have to learn how to get along for once, without killing each other.
Miles Kimball makes the case for a third term for Ben Bernanke: He “has developed an unparalleled skill in explaining and defending controversial monetary policy measures to Congress and to the public. The most important ways in which U.S. monetary policy has fallen short in the last few years are because of the limits Congress has implicitly and explicitly placed on the Fed.” [View news story]
Excess spending, debt overload and corruption. Are you sure you are talking about Greece?
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Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
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A senior official says Cyprus has reached an agreement with the Troika to impose a 20% tax on accounts over €100K at the Bank of Cyprus and a 4% levy on similar accounts at other domestic banks. The same source told Reuters the country would not nationalize pension funds. [View news story]
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
How Much Is AT&T Worth? [View article]
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Miles Kimball makes the case for a third term for Ben Bernanke: He “has developed an unparalleled skill in explaining and defending controversial monetary policy measures to Congress and to the public. The most important ways in which U.S. monetary policy has fallen short in the last few years are because of the limits Congress has implicitly and explicitly placed on the Fed.” [View news story]