<Business Recipes for Success>

When I started my Now What, Cat? website, I blogged about almost everything under the sun until I noticed that readers would like me to stick to my original theme, that is humor and about life. The other side of me as a Certified Public Accountant and business consultant desire to write about business and accountancy So I came up with this blog, Business Recipes for Success.

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12.07.2007

Google co-founder Page is going to marry

One of the whiz kids who made billions at a very young age is going to marry.
So what can he ask for?

He's marrying a PhD student and is going to wed in an island that is owned by the best man and is being rented out for 46,000 a night. Guests expected are about 600. How many of them are billionaires and millionaires. Take a guess.

This is the excerpt of the news:

Google co-founder Larry Page is set to marry his girlfriend, Lucy Southworth, this weekend on a tiny private island in the Caribbean, US media reports say.

Six hundred guests are reportedly due to attend the ceremony on Necker Island in the British Virgin Islands, owned by the best man, Sir Richard Branson.

Ms Southworth is a doctoral student at Stanford University in California.

Mr Page, who has an estimated fortune of $18.5bn (£9bn), co-founded search giant Google with Sergey Brin in 1998.

Since listing in August 2004 shares in the firm have risen sevenfold and it is now valued at over $220bn (£108bn).

Mr Brin, who is the joint fifth-richest person in the US along with Mr Page, got married in the Bahamas earlier this year.

business,financial statements ,balance sheet ,statement,assets,shareholders+equity,liaibilities common stock,Google

Labels: Business News

12.06.2007

Freeze Mortgages Agreement

Despite the criticism on the plan Geroge Bush won the agreement to freeze mortgages.

President Bush will announce this afternoon an agreement with major mortgage firms to freeze interest rates for five years for financially troubled homeowners -- a plan advocates say will help forestall a major foreclosure crisis but some conservatives say amounts to a bailout of people who made bad financial decisions.

The plan would apply to homeowners who got adjustable-rate subprime mortgages between Jan. 1, 2005, and July 31 of this year and are facing a sharp jump in their rates before July 31, 2010. It would also offer to put them on a fast track to refinance their mortgages through lenders or through state and local housing authorities, according to several people briefed on the matter who spoke on condition of anonymity because the deal has not been officially announced.

Some criticisms on the plan are the following:

1. "The government is now meddling in the market and looking to prop up lenders and borrowers alike, and those of us who wisely bided our time get screwed."--Mc Kinney

2. "It pressures an industry to essentially alter the terms of millions of contracts, and it's going to make investors think twice about investing in America again."--John Berlau.

business,financial statements ,balance sheet ,statement,assets,shareholders+equity,liaibilities mortgages,real estate

Labels: Real Estate

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12.07.2007

Google co-founder Page is going to marry

12.06.2007

Freeze Mortgages Agreement