Living in the City

Question : What's the common denominator of all these major financial houses based in different parts of the globe? Answer : No Cash but bailed out. Rationale : All for the sake of a stable global economic environment. 1. Bradford & Bingley plc (LSE: BB.) is a British bank, with its headquarters in the West Yorkshire town of Bingley. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It has been confirmed that the troubled bank is to be be nationalized by the British Government in part. The Spanish bank Grupo Santander will acquire all of Bradford & Bingley's £20billion savings business. 2. Fortis (Euronext: FORA, Euronext: FORB, LuxSE: FOR) is a banking, insurance, and investment management company, and is the 20th largest business in the world by revenue. The Benelux countries are Fortis' home base and its strength. Fortis' banking operations include network (retail), commercial, and merchant banking; its insurance products...

Many people attribute the United States' current financial troubles to Wall Street. True or not, it would be wise perhaps to find out more about Wall Street. I started to feed my curiosity by asking certain questions: 1. Is Wall Street really a street? From Wikipedia: Wall Street is a street in lower Manhattan, New York City, USA. It runs east from Broadway downhill to South Street on the East River, through the historical center of the Financial District. Wall Street was the first permanent home of the New York Stock Exchange; over time Wall Street became the name of the surrounding geographic neighborhood. Wall Street is also shorthand (or a metonym) for "influential financial interests" in the U.S. as well as for the financial industry in the New York City area. Wall Street, more than anything, represents financial and economic power. To Americans, Wall Street can sometimes represent elitism and power politics and cut-throat capitalism, but it also stirs feelings ...

Danny of GH Feverish launched a contest that shall award a whooping $1000. I guess that's U.S. dollars. Now, that's what you call a PRIZE. Not that I am underestimating other blog contests. It is just that this particular one is so a money maker. Wonderful. Awesome. I should win something by just making those descriptions. Anyway, I hope you out there reading this would take a chance. Even if you do not need the dough - if only for the exhilaration. Why not? See Danny's post about this contest here . Here are the details of the contest in compliance with contest rule that I post it in my blog. Prize: $1,000 cash Launch Date: September 18, 2008 Contest Ends: November 18, 2008 Entity to Draw Winners: Random.org Ways to earn points in order to qualify and join: * Subscribe to the RSS Feed of GH Feverish (required; 1 entry) * Comment on the contest post (required; 1 entry) * Digg, Technorati, Stumble or Reddit the contest post (1 entry per site) * Blog abou...

Happy Anniversary to blogging from scratch. In celebration of this milestone, the $125 anniversary bash contest is being launched. Total cash at stake is of course US$125 as the name of the contest indicate. And since I am in a roll here, I am joining this contest. After all, I really want to win, not one but as many as I can. I think this is another one worth joining. See the contest rules in full here . Hope to win? Here's how. Earn your points by: 1. Subscribing to blog RSS feeds by mail (+1) - REQUIRED - (Done) 2. Writing a post about this contest with all sponsors links (+3)(Doing it now) 3. Place the 125x125 banner on my sidebar (+5)- Later after I am through with this post. 4. Stumble any post (+1 each)( Will do) 5. Comment on any post (+3 each)(Will do) NOW, I gotta hurry. Here's what we can win: 1st prize * $50 Cash from Blogging From Scratch (Paypal only) * 1000 Entrecard Credits from Dota Hero * 1000 Entrecard Credits from Ragnarok Guide 2nd prize * $35 Ca...