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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (73312)	4/18/2011 7:49:32 PM
From: 2MAR$	Respond to of 218898

wow , that's a big default true aftershocks still resound, we'll just label that "cost cutting" . Beijing's too smoggy & Japan's subduction plate too risky , where does one run & hide ? ;o) Here's one on the home front but guess they got their money's worth The U.S. government plans to sell a significant share of its stake in General Motors (GM) this summer, the Wall Street Journal reports, citing people familiar with the matter. The government would have to sell its remaining 500M shares at $53 apiece for the taxpayers not to take a loss, well above where the stock is trading now, the Journal added.

To: TobagoJack who wrote (73312)	4/18/2011 10:01:54 PM
From: 2MAR$	Respond to of 218898

Warren Buffet's choosing Omaha as home base for Berkshire making good sense ...very much Earthquake & Tsunami proof . But deals like the $5Bil loan to Goldman just repayed with 500mil interest will be harder to come by ...wonder how much gold he traded into ? (BTW , they bounced the $USD today off that double bottom touch on the monthly) Goldman Sachs Repays $5.5 Billion to Warren Buffett thestreet.com Yet analysts who cover Berkshire Hathaway have viewed the Goldman Sachs repayment -- as well as another looming repayment of a financial crisis loan made by Buffett to GE(GE_) -- as a reflection of two key Berkshire Hathaway themes. First, Berkshire Hathaway is not likely to again find investment opportunities similar to those offered by distressed financial companies during the credit crisis, limiting the upside in Berkshire Hathaway shares at a time when its returns have become much more market-like. Buffett has not tried to hide the effect that it becomes harder every year for Berkshire to outperform the S&P 500, and the one-time financial crisis deals offer no long-term solution. Secondly, Berkshire has a huge cash hoard, estimated to rise to as much as $50 billion with the GE and Goldman repayments. Berkshire has never paid a dividend. Buffett has not given any indication that he has warmed to the idea of a dividend or share repurchase program. Berkshire watchers don't worry about Buffett finding acquisitions into which to ploy high levels of cash -- Buffett intends to spend $9 billion on chemicals company Lubrizol. However, Berkshire Hathaway watchers are concerned about Buffett's succession planning and how any new Berkshire CEO would manage the company's cash balance without Buffett's single-handed, deal-making prowess

To: TobagoJack who wrote (73312)	4/19/2011 11:10:11 AM
From: elmatador	Read Replies (2) \| Respond to of 218898

Huawei made public the members of its board for the first time – publishing a list of names, pictures and biographies of the people who run the company in its 2010 annual report. That looks squarely aimed at allaying US concerns about its alleged links to the Chinese military. Huawei: slowly turning multinational? April 18, 2011 10:35 am by Stefan Wagstyl 1 0 As Huawei edges closer to Ericsson as the world’s biggest maker of telecommunications equipment, it is also taking steps towards becoming the first true Chinese multinational. On Monday the group announced a number of measures aimed at addressing foreign criticisms of its alleged lack of transparency. Though Huawei won’t turn into General Electric overnight, the moves are likely to help the group’s standing abroad. Huawei’s reforms include decentralising decision-making, giving a greater say to local managers, and devolving power to four newly-created business divisions. But, as the FT reported, the big news is that Huawei made public the members of its board for the first time – publishing a list of names, pictures and biographies of the people who run the company in its 2010 annual report. That looks squarely aimed at allaying US concerns about its alleged links to the Chinese military. Chief among the board is Ren Zhengfei, founder and chief executive, who was once an engineer in the People’s Liberation Army. Among the nine executive directors is his daughter, Meng Wanzhou, the chief financial officer; while the five-person supervisory board includes Ren’s brother, Ren Shulu. Kathrin Hille, the FT’s Beijing correspondent, writes: The annual report reveals a key restructuring, with the dissolution of the nine-member executive management team that sat under the directors’ board – and the transfer of power to four newly-created divisions – carrier networks, enterprise customers, devices and other businesses. The change goes hand-in-hand with efforts to de-centralise research and development with different centres around the globe focusing on different products and technologies, and to give local management in important markets a voice more independent of headquarters – all these maybe the first signs of the emergence of a true Chinese multinational. The company expects the reform, adopted after a board election in December, to make it more agile and flexible as it aims to sell more equipment and services to corporate customers. Huawei in the past felt little need to restructure, as it grew faster than competitors and grabbed international market share. But having reached Rmb185.2bn in revenues last year and a 110,000-strong workforce, the company recognises that its expansion is slowing down and it needs to look for new opportunities outside its traditional core business of selling network gear to telecom operators such as British Telecom, Telenor, Etisalat or China Mobile. One target market is handsets and other mobile devices. Telecom network sales grew 22 per cent to Rmb122bn, while device sales expanded 24.9 per cent and services grew 28.6 per cent. Huawei’s Rmb185.2bn earnings equate to $27.36bn, based on average exchange rates. On the same basis, Ericsson sales came in at $28.3bn. Given Huawei’s much faster sales growth, the Chinese company has almost certainly already overtaken Ericsson – but confirmation won’t come until both companies publish their next set of numbers. Nokia Siemens Networks (2010 revenues €12.7bn) has set a date of April 29 for completing its $975m acquisition of Motorola’s wireless telecommunications network businesses, after Huawei dropped court action it had taken in China to delay the deal. But even when the transaction is completed the combined group’s estimated turnover will be well short of both Ericsson and Huawei. Despite the problems Huawei faces in trying to grow through acquisitions, China’s first multinational seems to be getting by just fine. Related reading

To: TobagoJack who wrote (73312)	4/19/2011 2:57:53 PM
From: elmatador	Read Replies (1) \| Respond to of 218898

China has broken ground and taken over the economic future of a country whose nearest island to the U.S. mainland is Bimini, only 50 miles away. The Nassau Guardian editorialized: "The Bahamas has fallen fully into the embrace of China. And the rising empire has been kind with its gifts … What Bahamians must understand is that when China lends, and it contracts its own workers to do the job, a significant amount of the money borrowed goes back to China with the workers who build the project. They pay their workers with money we borrow … The Chinese also keep their workers in self-contained on-site camps when they are sent abroad. We barely get them to visit our stores to spend the money we borrowed when they are working in our countries." China clearly sees a permanent foothold in the Caribbean in its geopolitical future. The U.S. Embassy in Barbados is responsible for half a dozen island nations -- Anguilla, Antigua and Barbuda, British Virgin Islands, Dominica, Grenada, Guadeloupe/Martinique, St. Barts, St. Kitts -- where the United States has no diplomatic representation. China has an ambassador or a consul in seven of them; the United States not one. scheduled to open in December 2014, will be the Caribbean's largest casino, one area where China trumped Las Vegas a decade ago. Macau, the former Portuguese peninsula colony, overtook "Lost Wages" a decade ago and is now the world's biggest gambling mart. With revenues up 58 percent to $30 billion, three times the size of the Las Vegas take, Macau offers a choice of 24 casinos, 2,762 gaming tables and 6,546 slot machines. China is getting far more worldwide influence from its sovereign investment fund than the United States got from a $1 trillion war in Iraq and a half-trillion-dollar war in Afghanistan -- with several more years to go. With the interest on the money the United States owes China -- $1.3 trillion in trade debt -- the Chinese are winning friends and influencing people at breakneck speed Read more: upi.com