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    FINANCIAL BANKING CRISIS DIFFERING RESULTS
    April 22, 2009 - United States

    Morgan Stanley has reported a net loss for the first quarter of 2009 of $177 million, or $0.57 per diluted share, compared with their net income of $1,413 million, or $1.26 per diluted share, the previous year. Net revenues were $3.0 billion, 62% below 2008's first quarter. Non-interest expenses of $3.9 billion have decreased 33% from that year. Compensation expenses of $2.1 billion have decreased to 46%, and non-compensation expenses decreased 9%, reflecting the lower levels of business activity and firm-wide initiatives to reduce costs. The results for the current quarter have been compared with the results of the first quarter of 2008. Wells Fargo has confirmed that it has made a record profit of $3.05 billion in the first quarter of 2009. The bank had announced that it would be making $3 billion because of the better-than-expected results at newly-acquired lender Wachovia. Revenue for the period has totalled $21 billion. These profits have reflected the business momentum that came from the newly combined Wells Fargo-Wachovia.

    BAY OF PIGS
    April 22, 1961 - Cuba

    President Fidel Castro of Cuba will make his first public announcements since the insurgent forces invasion on the bay of Pigs last week on TV and Radio nationwide, also the Russian leader Khrushchev has denounced the invasion and has stated publicly that he holds the United States directly responsible for this gangsterism against Cuba.

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Website preview thumbnail for : Kinghams Driving School
Driving Lessons and crash / intensive driving courses in Bournemouth. Fully qualified driving instructors. Money back guarantee. Evening and weekend driving lessons. As well as the usual weekly and...
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Each quarter, twenty general or topical web directories are evaluated and rated according to predetermined criteria. The top ten are placed in competition with one another and ten additional direct...
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Open a Citizens Bank account and discover convenient online banking features and the personal finance options that you deserve. Choose a checking account or high interest savings account that fits ...
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A leader of Urban Connection provide Mens Tall Tees Shirts, Tall T-Shirts, Hip Hop Tshirts, Urban Tees, Tall Tshirts, Long T-Shirts, Long tees, Polo Shirt in USA from Brandedbasics.
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Carvers for Conservation was started to introduce the people conserving the habitat of migratory birds to the premier bird sculptors in the world. My intention was to be mutually beneficial to the ...
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