Saturday, September 27, 2008

CEO of failed WaMu could get millions

WASHINGTON (AP) -- The CEO of failed Washington Mutual Inc., on the job only a few weeks before the nation's largest thrift was seized by the government and sold to JPMorgan Chase & Co., is entitled to more than $13 million in severance and bonus pay.
Alan H. Fishman signed an agreement that provides around $6 million in cash severance and retention of his signing bonus of $7.5 million if he were to leave his job, according to a company filing with the Securities and Exchange Commission.The board of WaMu reached out to Fishman to replace Kerry Killinger as CEO as the Seattle-based bank was in a downward financial spiral, struggling with cascading losses from soured mortgages. On Sept. 8, the same day WaMu announced Fishman's appointment as chief executive, the bank signed an agreement with federal regulators to provide an updated business plan and forecast for its financial performance.
read more>>> link

Thursday, September 18, 2008

Philippine leader to proceed with US trip despite violence in south

Manila - Philippine President Gloria Macapagal Arroyo will push ahead with a trip to the United States she cancelled earlier due to escalating violence in the country's troubled south, her press secretary said Wednesday.

According to Press Secretary Jesus Dureza, Arroyo decided to proceed with the visit to New York to attend the 63rd United Nations General Assembly and other meetings with global leaders.

Dureza said the decision was based on the strong recommendations by Foreign Secretary Alberto Romulo and Philippine ambassador to the UN Hilario Davide.

Nike bends time and space to brand Ernie Davis' shoes

There are those rare brands in the world you know on sight, almost instinctively. Insidious logos that imprinted themselves on your brain before you could speak, that transcend the linguistic and cognitive middle men and lunge directly for your MasterCard as your neurons are still gearing up for "blink." The Golden Arches. The Coca-Cola script. The AT&T Death Star. Uh, MasterCard.

But only one monolithic, world-dominating corporate logo has developed the capability to travel backward in time to imprint itself on people and objects that existed years before its conception. So, the Nike swoosh, created in 1971, showing up on Syracuse's new statue honoring Ernie Davis, who died of leukemia eight years earlier, in 1963, is all just a big mistake, is it?

NBA 09

NBA '09: The Inside Videos (PS3)

Developed by SCEA San Diego, NBA 09 builds on the technology and features of NBA 08 with more advanced graphics and gameplay control to deliver an experience catering to hardcore basketball fans and casual gamers alike.

click on the link to see video!wooooooaaaaaaaaah!! amazing!!!!Click now!!!