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 wealth of the nation
by Earth Day, Gaylord Nelson
"...The wealth of the nation is its air, water, soil, forests, minerals, rivers, lakes, oceans, scenic beauty, wildlife habitats and biodiversity that'as all there is. That'as the whole economy. That'as where all the economic activity and jobs come from. These biological systems are the sustaining wealth of the world...."
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...."
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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.
Cancer Facts & Figures
about Besides Lung Cancer
Besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nasal cavity (nose) and sinuses, larynx (voice box), pharynx (throat), esophagus (swallowing tube), stomach, pancreas, kidney, bladder, uterus, cervix, colon/rectum, ovary (mucinous), and acute myeloid leukemia.
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Start Youth is a content based site that combines social with your everyday life. We want to be the place where you can read up on the latest news and gossip, watch your favorite viral videos, all ...
Mobilize believes that in order to create long-term, sustainable and community based solutions to the challenges facing our generation, Millennials (young adults born between the years 1976 and 199...
Founded in 2006, PACER’s National Bullying Prevention Center unites, engages and educates communities nationwide to address bullying through creative, relevant and interactive resources. PAC...
Created in 2009, Forever Young Adult is a community for YA fans who are a little less "Y" and a bit more "A." As the girlie counterpart to Badass Digest, FYA is a place where you can let your inner...
Apart from the very few, many children hate that time of the year when they have to put on costumes, memorize a few lines, go on stage and act out a character.
Friendship poems happen to be just the best medium of expressing eternal friendship to that special friend. You can let all the love and affection you possess flow out, right onto the paper lying in front of you, through a sweet little friendship.