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Odd One Out
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US court withdraws case against Ranbaxy...
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Union cabinet to discuss Bajrang Dal ban today ...
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Iceland: This volcanic island near the Arctic Circle is on the brink of becoming the first "national bankruptcy" of the global financial meltdown. The country`s top four banks now hold foreign liabilities in excess of $100bn, debts that dwarf Iceland`s gross domestic product of $14bn.
Home to just 320,000 people on a territory the size of Kentucky, Iceland has formidable international reach because of an outsized banking sector that set out with Viking confidence to conquer swaths of the British economy - from fashion retailers to top soccer teams.
The strategy gave Icelanders one of the world`s highest per capita incomes. But now they are watching helplessly as their economy implodes - their currency losing almost half its value, and their heavily exposed banks collapsing under the weight of debts incurred by lending in the boom times.
A full-blown collapse of Iceland`s financial system would send shock waves across Europe, given the heavy investment by Icelandic banks and companies across the continent.
One of Iceland`s biggest companies, retailing investment group Baugur, owns or has stakes in dozens of major European retailers - including enough to make it the largest private company in Britain, where it owns a handful of stores such as the famous toy store Hamley`s.
Kaupthing, Iceland`s largest bank and one of those whose share trading was suspended last week to stop a huge sell-off, has also invested in European retail groups.
Thousands of Britons have accounts with Icesave, the online arm of Landsbanki that regulators said was likely to file for bankruptcy after it stopped permitting customers to withdraw money from their accounts Tuesday. "Everything is closed. We couldn\`t sell our stock or take money from the bank,"
To try to wrest control of the spiraling situation, the government also loaned $680m to Kaupthing to tide it over and said it was negotiating a $5.4bn loan from Russia to shore up the nation`s finances.
Icelanders are also beginning to question how a relative few were able to generate the disproportionate wealth - and associated debt - that Haarde has warned puts the entire country at risk of bankruptcy.
Back home, the average family`s wealth soared 45 percent in half a decade and gross domestic product rose at around 5 percent a year. But the whole system was built on a shaky foundation of foreign debt.
Those external liabilities mean the private sector has had great difficulty financing its debts, such as the more than $5.25bn racked up by Kaupthing in five years to help fund British deals.
After watching the free-fall for several days, the Central Bank of Iceland stepped in Tuesday to fix the exchange rate of the currency at 175 - a level equal to 131 krona against the euro.
Haarde said he believed the measures had renewed confidence in the system. He also was critical of the lack of an Europe-wide response to the crisis, saying Iceland had been forced to adopt an "every-country-for-itself" mentality.
He acknowledged that Iceland`s financial reputation was likely to suffer from both the crisis and the response despite strong fundamentals such as the fishing industry and clean and renewable energy resources. As regular Icelanders begin to blame the government and market regulators, "victims of external circumstances.I believe it is absolutely wrong to say these banks were reckless. TOI--
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Hi nightowl,
When people like to imitate you it Shows you are popular
Feel like a "Rock Star"
have a great day
GV
...
In reply to:
You Are A ROCK STAR...
Posted by :
nightowl
gv
here a funny one..(I,M feeling better,,, rn got me out of the morose mood)
theres a nightowl(ME)
and a nighttota.....(GOD ALONE KNOWS WHO)lols lols lols..
now that is a funny copy of nightowl, not that nightowl itself is not funny. but nigttota takes the cake...
ive gotta go now gv.. SEE YOU TOMORROW
goodnight
Ritu 
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2
0801
On this auspicious day of
SARASWATHI POOJA
I pray to the Goddess of Knowledge & Wisdom for HER BLESSINGS to all for
understanding each other well and stay united
Om Shanthi Shanthi Shanthi
Best wishes,
...
Tracked by: 2 Boarders
gv
here a funny one..(I,M feeling better,,, rn got me out of the morose mood)
theres a nightowl(ME)
and a nighttota.....(GOD ALONE KNOWS WHO)lols lols lols..
now that is a funny copy of nightowl, not that nightowl itself is not funny. but nigttota takes the cake...
ive gotta go now gv.. SEE YOU TOMORROW
goodnight
Ritu...
In reply to:
You Are A ROCK STAR...
Posted by : gv
It took me one hour to understand on this subject
Now i know
K.P.N.Pillai--senor one
KPS pillai---New bee
I also noticed
Columbus---senior one
And Columbus plus some thing
I don`t see any post from Columbus last one month
I don`t know how many more of this confusing parallel ids are there
in the board?
Is the board is managed with shortage of staff?
So the MMB not able to notice/prevent?
Take care
GV
Tracked by: 6 Boarders
major ji
that was an answer to somone , cant remember who, who was inquiring about shiv vani oil,and since i knew pranks held this counter i sent them with their query to him... since i dont hold shiv vani oil.i have no idea about the markets as of now.
regards...
In reply to:
ROCK ON: My next personal Favorite-Pranky
Posted by :
major_mind
hi nightowl "send them to you " what does it means?
do you know of pranky or his mail add?
then please provide
thank yoy
rgrds`
you also hold shivvani oil
what is your view on overal mkets?
Tracked by: 6 Boarders
what send them to you...
i never sent any such message....
i dont know pranks mail add... how on earth would i??/ive had a message conversation with him just twice,,, what the hell is all this about... send who or whom to me
Nightowl...
In reply to:
ROCK ON: My next personal Favorite-Pranky
Posted by : major_mind
hi nightowl "send them to you " what does it means?
do you know of pranky or his mail add?
then please provide
thank yoy
rgrds`
you also hold shivvani oil
what is your view on overal mkets?
Tracked by: 6 Boarders
hi nightowl "send them to you " what does it means?
do you know of pranky or his mail add?
then please provide
thank yoy
rgrds`
you also hold shivvani oil
what is your view on overal mkets?
...
In reply to:
ROCK ON: My next personal Favorite-Pranky
Posted by : nightowl
pranks i agree, tho i dont have shiv vani... somone was questioning me about it.. so i sent them to you... dont remember the name...lols..
regards
Ritts
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Hi,
Got this from a friend
"There is a few things that can be done in times of grave emergencies.
Your mobile phone can actually be a life saver or an emergency tool for
survival. Check out the things that you can do with it: -
(1)
EMERGENCY
* The Emergency Number worldwide for **Mobile** is 112..* If you find
yourself out of coverage area of your mobile network and there is an
emergency, dial 112 and the mobile will search any existing network to
establish the emergency number for you, and interestingly this number 112 can be dialed even if the keypad is locked. **Try it out.**
(2)
Have you locked your keys in the car? Does you car have remote keys?
This may come in handy someday. Good reason to own a cell phone:
If you lock your keys in the car and the spare keys are at home, call
someone at home on their cell phone from your cell phone.
Hold your cell phone about a foot from your car door and have the person at your home press the unlock button, holding it near the mobile phone on their end. Your car will unlock.
Saves someone from having to drive your keys to you. Distance is no object. You could be hundreds of miles away, and if you can reach someone who has the other `remote` for your car, you can unlock the doors (or the trunk).
Editor`s Note: *It works fine! We tried it out and it unlocked our car over a cell phone!`*
(3)
Hidden Battery power
Imagine your cell battery is very low, you are expecting an important call
and you don`t have a charger. Nokia instrument comes with a reserve
battery. To activate, press the keys *3370# your cell will restart with
this reserve and the instrument will show a 50% increase in battery. This
reserve will get charged when you charge your cell next time.
AND
(4)
How to disable a STOLEN mobile phone?
To check your Mobile phone`s serial number, key in the following digits on your phone:
* # 0 6 #
A 15 digit code will appear on the screen. This number is unique to your handset. Write it down and keep it somewhere safe. When your phone gets stolen, you can phone your service provider and give them this code. They will then be able to block your handset so even if the thief changes the SIM card, your phone will be totally useless.
You probably won`t get your phone back, but at least you know that whoever stole it can`t use/sell it either. If everybody does this, there would be no point in people stealing mobile phones."
...
Tracked by: 6 Boarders
hey prankyda
no mesasges from you? it is long time dear
reading your messges and what i find your shivvani is free ofcost?``
it ha also fallen from 550 to 450?
what is yoyr say on mrkts now shotr nd long term
please write to me
rgds` cheers
...
In reply to:
ROCK ON: My next personal Favorite-Pranky
Posted by : pranky
Mighty
SHIV-VANI OIL is one of a Grreat Stk in my core Long Term PF....
& now my costing of the 2000 shares that I hold is FOC . :)
NB ventures I hold a very small quantity, but i sold it in Nov 07 & bought back a very very small quantity :- 1500 shares.
Cheers!!
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I will admit its hard to come to grips with our current financial crisis.
You see I have become blended. In the process of all my research and discovery, I have lost a little bit of my individuality. I am guessing you might be in the same boat. You all concentrating so much on your own work, family and financial needs, that it can be difficult to remember that not everyone lives your life and faces completely different problems.
I know thats where I am. You see, for now, I have been fortunate. I dont know anyone whos lost his or her job in all this mess. No friends or even friends of friends who have lost their home to foreclosure. I dont even know anyone who had to move because they couldnt pay their mortgage.
So if this is what I am seeing then (remember everything just seems to blend together these days) its easy to assume that everything is okay.
Its easy to think this is JUST a Dalal Street problem. Sure, its spilled over to cars and housing but these industries have always been – and will always be – in boom-bust cycles. Hot economy…lots of new cars and houses…secure jobs. Its almost too easy to believe that nothing new is happening here…no national crisis.
But the fact is: This time IS different. The -mess- will be coming to my world. I know it. I can feel it. I have no proof…Everything still looks the same but…
This could all easily change. Neighbors wont always be able to pay those mortgages/credit cards Bill. Friends can lose jobs. New car purchases will be put on hold. Cooling economy…layoffs…maybe even foreclosures.
The world is changing – and its about to reach your neighborhood and mine, whether we are ready for it or not. And it will look a lot like the world you have been reading about.
...
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Ok Mr.Singh, Go to Brigade road. Have a nice strong coffee and start. I am ready.
regards
shakti ...
In reply to:
You Are A ROCK STAR...
Posted by :
Atheist
I guessed you wouldnt. :)
...Singh...
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Dear Mickey59,
,,Konde,, is ,,Horn,, in kannada, horn as in a rhino.
When I joined college at the age of 16 I used to
tie my hair in a way that it looked like a horn on
my head, the way most Sardars due when they are young.
Even though I shifted to a turban at age 19, the nick name
hung on. KONDE....LOL
...Singh......
In reply to:
You Are A ROCK STAR...
Posted by : micky59
Hey Konde,
Sorry I was out..
Its my mom,and not mom-in-law.
Nice nickname.Why were you called that in college?
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I guessed you wouldnt. :)
...Singh......
In reply to:
You Are A ROCK STAR...
Posted by : sp.palo
no sweetheart. Hahahahahah
regards
shakti
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