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Egypt King

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Everything posted by Egypt King

  1. my strategy is simple investing most of my cash in long term ventures (as realstates & manfucturing) & spend all I can afford to spend right now to buy long lasting goods as everything price is going to double or triple in the coming 1-5 years some things prices will sure skyrocketing in the coming years there is no benefit from saving cash money right now as current money will be half its value in short time and may be even less in few years to come there is also a huge benefit from investing in myself acquiring new experience & knolwedge in my field of work and also learning new thing in new fields beside my main lifetime job
  2. I want Santa to bring me: BMW 7 series 760i 42'' 3D LED TV IPhone 4 My LR account: U2032757
  3. I chose exchange service coz I don't know many trustworthy exchangers and dealing with different exchange sites/services online which I don't know is very risky so I 'd prefer to see this service in a trusted forum like TGF also it will be unique service for the forum LR: U2032757
  4. Troubled-bank list shrinks "Fewer banks are staring into the abyss" according to one number cruncher. Highline Financial's quarterly banking watch list shrank a bit in the third quarter, the New York-based company said Friday. Highline said 744 banks this month were on its watch list, which tracks institutions scoring weakly in terms of capital, asset strength, earnings power or liquidity. That's down from 796 in June. The number of institutions deemed in danger of failing also fell, to 259 banks with $125 billion in assets. In June, Highline said 271 banks with $130 billion in assets were on its so-called extreme list, which comprises banks scoring zero on the financial strength test and presumably in grave danger. The firm said that of the institutions that fell off the extreme list in the latest quarter, 34 failed, four were acquired and 23 boosted their rating. The decline in its problem and watch lists signals a tiny bit of good news for an industry that has been under intense pressure for several years and is only now returning to profitability. Highline said 92% of the 125 banks that have failed this year had scored its lowest rating before their collapse, so a smaller list may mean a few more banks will manage to hang on. Even so, official measures continue to signal more pain ahead. The Federal Deposit Insurance Corp.'s problem list (see chart above) hit 829 last quarter, its highest level since the tail end of the savings-and-loan crisis two decades ago. Read the original topic here my LR: U2032757

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