After a $52 billion takeover deal, American beer maker, Anheuser- Busch, was taken over by the Belgian beer maker InBev on this day. The merging of the two companies made the newly combined company, Anheuser-Busch InBev, the largest beer maker in the world. The new combined company produces some of the most well known beer brands in the world including Bud Light, Budweiser, Becks and Stella Artois.
FREDDIE MAC AND FANNIE MAE BAILOUT
July 14, 2008 - USA
Freddie Mac and Fannie Mae who own or guarantee about $5.3 trillion worth of home loans about half of all US mortgages have seen a loss of confidence my the market due to the mortgage forclosure increase and the drop in property values in the United States. Both company Shares have been under increasing pressure and have lost as much as 80% of share value in just 12 months . The Fed has given the green light for the Federal Reserve Bank of New York authority to lend any money needed to allow them to continue providing mortgages at 2.25% and will expand its current line of credit to the two companies and buy shares of the companies if needed to prop up share price in these troubled times. Congress is also to approve a package next week which includes a foreclosure rescue to help strapped homeowners get new, more affordable government-backed mortgages through the Federal Housing Administration.
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RANDOM QUOTES
A Change is Gonna Come
by Meredith Grey
"...Change; we don't like it, we fear it, but we can't stop it from coming. We either adapt to change, or we get left behind. It hurts to grow, anybody who tells you it doesn't is lying. But here's the truth: Sometimes the more things change, the more they stay the same. And sometimes, oh, sometimes change is good. Sometimes change is everything...."
Rules for Happiness
by Immanuel Kant
"...Rules for Happiness: Something to do, Someone to love, Something to hope for...."
RANDOM FACTS
Drug Abuse
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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Category Information : Charities
This is our Charities category. If you are interested in Charities, feel free to browse these listings. If you have a site that fits within this category, Submit it for inclusion.
A global ministry committed to preparing the nations of the world for the coming of Jesus Christ through mass media. Using television and the Internet, CBN is proclaiming the Good News in 147 count...
Horseback riding in Las Vegas. Choose from rides that include breakfast, lunch, or a sunset steak dinner. Overnight Las Vegas horseback tours also available.
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 ...
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 ...
Drs. Richards and Miller care for a pediatric dental practice dedicated to providing dental care, education and community service to Lake County and surrounding areas.
Search engine is the term with which we are accustomed with very much. But the web directory is not that same. The web directories are older than search engines according to the time of their invention.
The course of the River Thames as we know it today was created about 10,000 years ago, by melt water from the ice-sheets that covered much of the United Kingdom during the last ice-age...