Regional elections in Colombia, 2007

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On October 28, 2007 elections were held in Colombia in order to choose the posts of governors for the 32 departments, Members of the departmental assemblies, mayors of municipalities 1099, local officials and elected representatives of local administrative boards.
The preparation of the elections and the electoral campaign was conducted amid a heated debate about the lack of safeguards for voters, in part by the intervention there were fears of illegal armed groups such as self-defense or paramilitary groups and guerrilla groups, there were fears not only to sabotage the elections, but support a candidate as has happened in the past ended up being where several politicians elected with the support of members of the AUC in the scandal known as parapolitics. There is also fear of possible penetration of drug money in campaigns, a situation that has been experienced in past opportunities and at times has been collusion in the action of illegal armed groups. Fraud also often offered through the practice known as “buying votes and moved.” In this regard, the Attorney General Edgardo Maya Villazon expressly considered that the elections should be conducted under the current system and that the electoral system, which predates the 1991 Constitution is outdated and is perfect for this type of fraud. Despite these drawbacks the elections were conducted. On September 18, before the elections had been reported killed in the 56 candidate countries, others have suffered attacks and some were abducted, beaten and many were threatened. The figure continued to rise in subsequent days.

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Chapter I: Ilusion, unlimited hope and optimism

As the main antecedent of the stock crisis, Galbraith’s spectacular development located in the housing market in Florida (USA), especially after 1925. Thus, Galbraith mentions the participation of Carlo Ponzi, known creator of the scheme that bears his name (a type of pyramid scam economica) on sale of land near Jacksonville (Florida).
Galbraith extends this overview to the field full of stock speculators, backed by successive records in terms of Wall Street stock indices (for which use the index of The New York Times on 25 industrial values, rather than the more usual Dow Jones) and of shares traded on the market (in 1928: 3.9 million shares on March 9 5.1 million on June 12 6.6 million November 16).
The author also highlights another important factor as the unbalanced use of the trading period with a guarantee, by which an investor can apply for a bank loan to purchase shares in the bag, depositing as collateral the shares acquired. These credits are subject to an interest of between 5 and 12 percent (much lower than usual in the bag upgradings in those years). This not only caused many Americans made to speculate on the stock exchange, but carries many savers (both individuals and companies, domestic and foreign) to offer their savings to banks on Wall Street with the sole purpose of financing the speculation.
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Chapter 1

Investment Banking

Investment banking or banking business that is specialized in obtaining, for private companies and governments, the money or the financial instruments needed to make certain investments, through the issuance and sale of securities in the capital markets.
Most banks offer investment advisory services for mergers, acquisitions and divisions and other financial services to customers such as trade or placement of future income, debts, stocks or commodities.
Generally countries require special licenses for investment banks and can not operate simultaneously as commercial banks, namely deposits.
Mutual funds, hedge funds and pension funds, whose objective is to maximize return on investment through the savings of the “buy side” of the securities issued and sold by investment banks. In some countries, firms operating both in the purchase and sale.
The financial crisis of 2008 seriously affected the major investment banks. In United States, Lehman Brothers requested credit protection before the law, informally declared bankrupt financial and main units were divided and sold. People with viagra sale india allergy towards the component of Kamagra Soft is Sildenafil. You might also review purchase levitra online ask students to keep a tab on footfalls. If you try to leaf through the pages of history, then you will realize that the actress is not only seeing red, but she is deeply, and tragically sad. buy levitra discount How Quickly Do Anti-ED Tablets Work? Why anti-impotence are preferable to other contemporaries is because of ease of administration and prescription for cialis no strict regular dosage required. Meanwhile, investment bank Merrill Lynch was acquired by Bank of America, half of their real value and was acquired by Goldman Sachs Warren Buffett, Coca Cola princiapl shareholder. These three banks, as well as Morgan Stanley are converted into commercial banks, which the four largest investment banks in the world, ceased to be such.

All About Bonds, Bond Mutual Funds, and Bond ETFs, 3rd Edition by Esme E. Faerber (Kindle Edition – Dec 12, 2008) – Kindle Book

Making Your Money Work for You

There is a wide spectrum of ways to relate to your hard earned dollars. One prevalent philosophy is what I like to call the allergic reaction to money syndrome. This idea says that as soon as some money comes into a person’s possession it is immediately disposed of. All the money is spent, and there is nothing left for the future. You can also call this the YOLO philosophy. Since we only live once, and we don’t know when we will be called to the next world, we might as well have all the fun we can now, and not worry about a future that can easily never arrive. This is a kind of hedonistic idea which works only if the person has no goals, aspirations, or intention of living to a ripe old age.

On the other end of the spectrum are those that work hard, long hours and barely have time left over to say good morning to their children or spouses. All the money is hoarded into savings accounts, mutual funds, stocks, annuities and the like, and never spent while the person is young enough to still enjoy his family and friends. Yes, he will have a great retirement, but his entire adulthood was spent with his nose to the grindstone. It seems a pity.
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Well there is a middle ground, which will be the subject of the articles and blog posts about to come your way on this site. If you can get your money to work for you, you can enjoy life your whole life, not just when you are old and grey.