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AIG loses 105 billion. U.S. dollars: Now it’s bonus time?

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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

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marts 16th, 2009 at 7:24 pm

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Oil platform reborn as luxury hotels

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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

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marts 7th, 2009 at 8:04 pm

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South African economy

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New leader

A new leader is around the corner i South Afrika. This may have great impact om world economic if this leader manages to create the quietness around the financial situation. Considering that South Africa is the greatest country in Africa investores might be right.

A great economy

South Africa is a I mentioned the greatest country in Africa. Not only will it be more attractive to invest in the country if the conditions around the economy get more quiet, it will also have great impact if the average south african person got more money in hands. read more about the consequences of selecting a new president i South Africa here

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september 23rd, 2008 at 5:27 pm