Signalpost

The power to the people
The U.S. taxpayer now owns some 80 per cent of insurance giant AIG. It has cost them 170 billion. dollars. If some feel that perhaps it was a bit expensive, so they are probably not very happy when they hear where the money has gone.

Where did the money go?
Today AIG publiced two things: A list of banks that have lost money paid for – and a bonus payout of 165 million. U.S. dollars to the department which lost money. “These payments are nothing less than a reward for an obvious failure,” said Elijah E. Cummings, a Democrat from the State of Maryland, to The New York Times, and continues. read more aboute AIG’s bad investments here

The dream of every oil worker

It looks like just any oil workers wet dream. At everyday job with deafening noise, oil baths and juggling with tons of heavy steel structures with a flick will be replaced by luxury and happy days.

Oil Rig Hotel and Spa

The winner of the Radical Innovation in Hospitality Awards have ‘Oil Rig Hotel and Spa’ had such a good idea that it is difficult not to give this dream attention. Even if it is some years away. investments in abandent oil platforms

More singles – but why?

The past decade more and more people have become singles. This fact can make you wonder, why this happens. I mean, I know that there statistially are more women than men, but somehow the problem ought to even out. Maby it lays in our time, respecting and accpeting that people live alone.

Taking advantage…

Many singles, and I think that this especially relates to women, are terrified to end up alone. Because ironically, all the while society is accepting that people get together later in life, and postpone marriage and children to get well-educated and try wild things. read more aboute the money in the single life here

Chasing new capital

Royal Unibrews financial statements contained a grim surprise in the form of a depreciation in the Polish brewer activities at 455 million. And thus it appears that the company be chasing new capital. Either by raising the market or by selling a portion of the store from. It assesses at least Jyske Bank brewery analyst Jens Houe Thomsen, to the news agency Direkt.

Not easy

“I shall be liable to me know that they require that started a process to ensure a more appropriate capital structure. Such a process could well result in a capital increase, the analyst, but it does not look particularly good opportunities to get money in the market when you stand in the Royal Unibrews situation. ” read more aboute the financial crises at Unibrew here

Will the demand on oil keep incresing?

While many expect the consumption of oil and production of the same black energy will increase, said the French oil giant Total CEO that the top is almost reached. It writes the Financial Times.

Unable to become more effective

Christophe de Margerie, Head Total, does not believe that the world will ever be able to extract more than 89 million. barrels of oil a day, a marginal increase from levels around 84 million. barrels today. The background is high production costs and political problems in oil rich countries like Iraq and Iran. read more aboute the Oil company Total here

Rumors

The last month or so there has been rumors going around, that Steve Jobs might be pulling out of the concern due to serious illness. Apple has so fare been unvillingly to comment on the rumor. Most rumors belive that Jobs is sick with canser, making him unable to work.

No show

The fact the Jobs did not show up to the conferrence aboute Mac X-pro has not done anything to slow the speculations down. It took everyone by surprise that he did not show up, and Apple had not informed aboute this in advace. read more aboute Steve Jobs and Apple here

Passing bank supporting legislation

All over the world governments have been passing legislation that puts out a safetynet under the banking world, to ensure that customers do not pull out all their money.

The question of ideologies?

In many countries there has also been multiple discussions as to wether it is correst to support the banking world – seen from an ideology point of view. However many governments – especially liberal governments – have seen themselves in a situation where they had to act agianst their ideologies to secure the national economy. read more aboute the support to the banking system

The Queen

The french queen of cosmetics, Liliane Bettencourt, who is the world’s 17. richest woman is alo one of the victims of Bernard Madoff”s scam. She did as an only child inherried the money after her farther, Eugéne Schueller, who inventet a new way of colloring hair. He founded L’oreal back in the days.

Was adviced to invest by Madoff

Liliane Bettencourt was adviced by her financial advisor to invest part of her money at Bernard Madoff’s swindling company. The financial advisor Thierry Magon de La Villehuchet, was found death in he office in New York the day before Christmas. He had killed himself when he found out that he had advised Madame Bettencourt to do business with the devil og business. Liliane Bettencourts meeting with Bernard Madoff here

What is a Danish brewery doing i Russia?

That is a good question. The answer is, that Carlsberg aboute a year ago decided to try to expend their share of the market worldwide. They bought themselves into a russian brewery, believing that they made a bargin. Problems?

Falling oliprices

It is a problem worldwide for the oil producing countries that they have not been able to stabilize the oil prices. Russia is, as most other countries hit by the falling prices. This has amongst other factors made the russian consumers put their money back in their pockets. read more aboute Carlsbergs set backs in Russia here

The unemployment situation

Today news aboute the unemployment rates hit the streets. The situation is whorse than expected by experts as 250.000 people are now out of jobs instead of the 205.000 that were expected. These people are in a terrible situation loosing their jobs this close to christmas.

The Beige Book

Around noon american time the yearly Beige Book came on the street. This book contains an analycsis of the nations financial situation in general. The bank managers of the twelve Central Banks contribute to the analysis by sharing their views. This year the evaluation of the financial situation was whorse than last year. aboute the good new on the stock market today here