Archive for July, 2011

Julius Malema Finances Not About Race, It’s About Accountability

The calls to investigate the finances of African National Congress Youth League President, Julius Malema, are not based on race but on issues far more important to the wellbeing of South Africa – the impact of corruption on the upliftment on the masses of this country. When the National Party were the government of South [...]

New report highlights Illinois’ lowly finances

SPRINGFIELD — Illinois is No. 1, but not in a good way. In a new report, Auditor General William Holland says Illinois ended the 2010 fiscal year with more red ink than any state in the nation, including similarly cash-strapped California. Illinois whopping $37.9 billion net deficit, which includes debts owed to state employee pension [...]

Commission, Beck Center agree to audit

Knox County commissioners on Monday officially agreed to ask the Audit Committee to investigate all of the Beck Cultural Exchange Centers finances – not just the money the county has given it over the years. The move, however, was not only welcomed but encouraged by Beck officials who said once the air is cleared it [...]

Third city’s finances rated ‘poor’ by State Auditor

State Auditor Tom Schweich released the audit of the City of Neosho, deeming the overall performance of the city as poor. I am hopeful that city leaders in Neosho will work together and use this audit report as a tool to make systematic changes for city taxpayers, Schweich said. The audit found the city had [...]

Mark Turgeon, Randy Edsall Bear Responsibility For Turning Maryland’s Finances …

Mark Turgeon and Randy Edsall are new to an athletic department that is $83 million in debt. Even though they just got here, it will be on them to right the ship.

Vermont finances show signs of life

MONTPELIER — Continuing economic uncertainty almost cancels out the weak signs of recovery in Vermont, prompting the states economic advisers to recommend only tweaks in revenue projections for the next two years. The states General Fund came out $39.9 million ahead of projections set in January, which Tom Kavet, the Legislatures economic consultant, said was [...]

Manage your finances to ensure a bright future

Your decision to attend college is likely your first big step to achieving your personal and career goals. A world of possibility awaits you. While exciting, the opportunities and responsibilities of college life can also be overwhelming. One of the most important challenges youll face is how to manage your money. The impact that wise [...]

GMH finances in dismal state

by Mindy Aguon Guam – The Guam Memorial Hospitals finances can be described as being in a dismal state, much like the rest of the Government of Guam. While officials work to collect on receivables and bring the finances in the red, GMH chief financial officer Siva Karuppan says the management is still trying to [...]

Banks that failed or nearly failed EU stress tests

1 day ago  Here are the banks that failed European Union stress tests that project how their finances would fare in another recession. Banks were required to show they could maintain high-quality capital reserves equal to 5 percent of their outstanding loans, investments and other risky assets. Those that almost failed had between 5 percent [...]

Deal to stabilise US finances for ’20 years’ still possible

LARA MARLOWE in Washington US DEBT CRISIS:US PRESIDENT Barack Obama has said a grand bargain that would stabilise Americans finances for a decade, for 15 or 20 years was still possible if we are willing to seize the moment. Mr Obama yesterday outlined three possible solutions to the looming threat of a partial American default [...]