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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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  • The Revolution
    by John Adams

    "...The Revolution was effected before the War commenced. The Revolution was in the minds and hearts of the people; a change in their religious sentiments of their duties and obligations. This radical change in the principles, opinions, sentiments, and affections of the people, was the real American Revolution...."
  • All of us have a God in us
    by Earth Day, Kenya

    "...All of us have a God in us, and that God is the spirit that unites all life, everything that is on this planet. It must be this voice that is telling me to do something, and I am sure it'as the same voice that is speaking to everybody on this planet at least everybody who seems to be concerned about the fate of the world, the fate of this planet. Wangari Maathai-Noble Peace prize winner, Deputy Minister of Environment, founder Green Belt movement in Kenya...."

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    about Facts about Drugs

    Facts about drugs can protect against drug abuse. Legal drugs, such as alcohol and tobacco, kill more people than illegal drugs. Tobacco (smoking cigarettes) kills more people than any other drug. Illegal drugs including heroin, cannabis, ecstasy and amphetamines can have unknown or dangerous ingredients. Mixing drugs, especially with alcohol, can be fatal. Salary
    about Steve Jobs

    Steve Jobs' annual salary was $1, just enough to keep company health benefits.

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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 directories the following quarter. Interviews with directory professionals are also published here.

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