More School Work!!!

website for article http://money.cnn.com/2009/10/29/news/banks.losses.fortune/index.htm?postversion=2009102914

 

Allen James

Article Analysis

 

 

Do banks have something to hide?

 

The banks have taken some lumps since the economy went bad. But some believe their biggest headaches are yet to come.  The pace at which U.S. commercial banks are adding to their loan loss reserves has slowed this year, while loans continue to go bad at a brisk pace.  Despite the optimism of lenders like Wells Fargo (WFC, Fortune 500), some observers warn that banks aren’t socking away enough for a rainier day.  The disconnect is particularly acute in commercial real estate, where lenders are facing a surge of defaults on commercial mortgages and construction loans made when prices were much higher and demand for space much stronger.  Banks have been recognizing commercial real estate losses slowly, even though the high season for defaults isn’t expected to arrive until next year.  That’s not the only problem. Ill-defined or inconsistently applied rules for valuing securities and handling loan modifications can make it hard to say how healthy banks really are, from Citigroup (C, Fortune 500) and Bank of America (BAC, Fortune 500) on down.

 

I think if they are hiding something they should come on out with it.  They don’t have the right to be hiding things from the people who bank with them.  Some banks aren’t putting enough away but that is their choice, if they believe nothing will go wrong then they will try and keep it perfect.  If they are not able to pay for loans then they should probably stop giving them out.  The real estate prices are dropping and if they are giving out more loans then they will be losing money because their loans are taking longer to be paid for.

Fixed School Work

Allen James

Period 1

Russia

The country that I chose is Russia.  Russia occupies most of East Europe and North Asia.  I chose Russia because it has an interesting past, and I have been interested in it for a while now.  They used to be a communist country, but they decided to change their ways.

Russia exports mainly include Oil, Petroleum, aluminum, nuclear fuels, precious metals, nickel, Fertilizers, pesticides & insecticides also fish and shellfish.  They import meat, passenger cars, civilian aircraft, and oil field drilling equipment, computer accessories, trucks, buses, and special services vehicles.  Their currency is the Ruble.

The population of Russia is 140,041,247 people.  They have a government of a Constitutional Federation.  This means that they are basically a Democracy.  They have a market economy.  This basically means that the citizens are allowed to open up businesses when they have the money.

It wouldn’t be too hard adapting to business there, because all I would need to do is learn the Russian language that is related to what I do, or hire a translator.  They speak mostly Russian there, but they have many minority languages.  Also, they are a market economy so I would be able to open up my business trade easily.  Business in the U.S. would be different because I wouldn’t have to spend money on hiring a translator, training new employees in a different language, and having to spend money moving overseas.

My country that I have chose to relate business to is Russia.  I chose this country because they have changed ways, and I believe I could open up a business there easily.  I could help people that need jobs over there to get a job, and it would do me good to get to a new country and learn some new cultures.

Dalton’s School Work

Dalton deidel

Italy

The country of Italy is the country of my interest.  This country interests me because I like there culture, people, and way of living.  Italy is like the US in a couple ways, one being they have a president. 

 

In Italy they speak Italian, German, French, and Slovene- speaking minorities.  Italy Exports 474.8 billion f.o.b.: engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; food, beverages, and tobacco; minerals, and nonferrous metals.  They import 483.6 billion f.o.b.: engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing, food, beverages, and tobacco.  There major trading partners and Germany, France, U.S., Spain, UK, Switzerland, Netherlands, Belgium, and China.       

 

When I leave for Rome I will board a plane on the 12^th at 7:30AM and arrive at 8:25AM it is a one day trip with two stops.  I will be staying at Hotel Splendide Royal.  I will be coming back on the 19^th boarding at 10:15AM and arrive at Denver at 9:43AM stopping three times and it will be a 1 day+ trip.     

 

Italy has 58,126,212 people so I am going to have to adjust to a lot of people and traffic.  It will take me longer to get from point a to point b.

More School Work

Allen James

Period 1

Russia

The country that I chose is Russia.  Russia occupies most of East Europe and North Asia.  I chose Russia because it has an interesting past, and I have been interested in it for a while now.  They used to be a communist country, but they decided to change their ways.

Russia exports mainly include Oil, Petroleum, aluminum, nuclear fuels, precious metals, nickel, Fertilizers, pesticides & insecticides also fish and shellfish.  They import meat, passenger cars, civilian aircraft, and oil field drilling equipment, computer accessories, trucks, buses, and special services vehicles.  Their currency is the Ruble.

The population of Russia is 140,041,247 people.  They have a government of a Constitutional Federation.  This means that they are basically a Democracy.  They have an economic system

It wouldn’t be too hard adapting to business there, because all I would need to do is learn the Russian language that is related to what I do, or hire a translator.  They speak mostly Russian there, but they have many minority languages.  Business in the U.S. would be different because