He is the man who nearly broke the bank … and who is fast becoming a hero to millions of his compatriots. Jérôme Kerviel, the 31-year-old trader whose fraudulent stock market transactions last week cost his employers Société Générale £3.7bn, was yesterday in a Paris police station after being taken into custody around 2pm by […]
Part 5: El Camino de Santiago
The Camino: Part 5 Torres del Rio , Los Arcos and on to Logrono. The road snaked through dry countryside, some parts flat and others rolling, occasionally steeply up and down. On the downhill sections my big toes were starting to get sore. The scene and the trail brought back pictures to my mind, reminding […]
Tuning the National Theme
Last week I was reading the business magazine, Money Today; it had summed up the year 2007. The columnist Dipen Sheth said that in the year gone by, you would have made a lot of money if you had invested in the market in tune with the national theme. He went on to say that […]
Hospitality -The Industry Where You Feel Comfort
Hospitality Industry The Hotels and Catering or Hotel and Food Service Industry are now becoming widely known as the Hospitality Industry. Central to the industry is the need for operational personnel who are generally divided into food and beverage staff and room’s division staff. Well you all are very much aware of the importance […]
Bank of America To The Credit Crisis Rescue
Although Wall Street Opened with modest gains – with all three indexes about a third of a percent up – as of 2:15 pm Eastern, the big three are in the reed: The Dow Jones average down 0.07 percent, the tech-heavy NASDAQ down more than a third of a percent, while the S&P500 moved lower […]
Effects of Outsourcing IT Positions to Low Cost Countries
BACKGROUND: Off shoring – the transfer of high wage U.S. jobs to lower cost overseas locations especially in Banking Industry is enabled by improved communications technologies and driven by the desire of corporations to establish a business presence in potentially lucrative foreign markets as well as to take advantage of the lower costs of production […]