$2billion

It Could, But it Probably Won't

I love how every news story I read about the JPMorgan $2 Billion dollar loss notes that it could lead to renewed momentum for stricter federal oversight of financial firms, or it could diminish Jamie Dimon’s anti-regulation influence, or it could raise difficult questions about Wall Street risk-management practices.

It could, sure, but it probably won’t.

LNP DIVERSION BASED ON $2BILLION A YEAR LOST REVENUE

LNP DIVERSION BASED ON $2BILLION A YEAR LOST REVENUE

Shadow Treasurer Curtis Pitt says the LNP now wants to use $3.4 billion in proceeds from asset sales to divert attention from its 2012 broken promise to cut power bills.

“At the same time as it exhausts the reported $3.4 billion subsidy fund, the LNP will wave goodbye forever to annual income of $2 billion from the assets it has earmarked for sale,” Mr Pitt said.

“The Opposition will need to…

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LNP DIVERSION BASED ON $2BILLION A YEAR LOST REVENUE

LNP DIVERSION BASED ON $2BILLION A YEAR LOST REVENUE

Shadow Treasurer Curtis Pitt says the LNP now wants to use $3.4 billion in proceeds from asset sales to divert attention from its 2012 broken promise to cut power bills.

“At the same time as it exhausts the reported $3.4 billion subsidy fund, the LNP will wave goodbye forever to annual income of $2 billion from the assets it has earmarked for sale,” Mr Pitt said.

“The Opposition will need to…

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Fayose Empowers Ekiti Carpenters With N1.2billion Contract - Nigerian Bulletin

Fayose Empowers Ekiti Carpenters With N1.2billion Contract – Nigerian Bulletin

Nigerian Bulletin
Ekiti state governor, Ayo Fayose has awarded a N1.2bn contract to the Carpenters and Furniture Association in the state; PUNCH reports. Representing the Governor at the signing of the Memorandum of Understanding for the contract, Chief Dipo Anisulowo, …
Fayose awards N1.2 billion contract to Ekiti carpentersynaija
Fayose awards N1.2b contract to local carpentersThe Nation Newspaper

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Nigeria Loses N400b To Poll Shift –NAHCO Boss

Nigeria Loses N400b To Poll Shift –NAHCO Boss

Managing Director of Nigerian Aviation Handling Company (NAHCO aviance), Norbert Bielderman, has said that the federal government’s decision to postpone the 2015 general elections by six weeks has started taking its depressing toll on the economy as the controversial postponement has made the country to lose a whopping N400 billion ($2billion).

Bielderman made this known while giving a keynote…

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Banks mired in scandal and bailed out by the state are set to infuriate hard-up families by announcing their share in nearly £5billion in bonuses.The bumper payouts could include £2.2billion for staff at HSBC amid controversy over its Swiss banking arm, accused of helping super-rich customers evade tax.

And a £500million handout at Royal Bank of Scotland will be a slap in the face for taxpayers landed with a £9billion loss on the bailed-out bank.

They are part of a near £5billion bonanza that could be unveiled by Britain’s Big Four banks alongside a surge in profits in the coming weeks.

Lloyds, also part-owned by the taxpayer, is expected to pay out around £375million to staff.

Barclays completes the picture with just under £2billion.

John O’Connell of TaxPayers’ Alliance added: “The cost of the bank bailouts is still hitting the country’s finances hard and huge bonuses will just rub salt in the wound.

“The government has got to get the cost of funding these banks off the backs of taxpayers and into the private sector where they belong.”