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Debt Consolidation In The Uk: Debt Consolidation In The Uk - Debts


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  • ( ) Last of the lost classics

    This was the era when the world learned to appreciate Nick Drake, Big Star, early Seventies Beach Boys, Laura Nyro, Judee Sill, Tim Buckley, Gene Clark's No Other; when people shook off the punk-led idea that an association with flared trousers was something to be ashamed of. It was a time when a young, possibly hungover person could still walk into a record shop and find an utterly unknown album by some Californians with beards, buy it purely on the strength of those beards and the fact that its sleeve had a picture of a cheeseburger wearing headphones on it, and not know whether, when he got home, he'd be spending the evening with the Crosby, Stills and Nash that could have been, or three future financial analysts on an ill-advised career detour.

    We all have different definitions of the Great Lost Album. More>>

  • ( ) Citi's $41 Billion Issue: Should It Put CDOs On the Balance Sheet?

    A $41 billion question mark is hanging over Citigroup Inc.

    That is the amount, in a worst-case scenario, of potentially shaky securities the bank would need to bring onto its balance sheet. Citi has already taken billions of dollars of such securities onto its balance sheet and expects to take big write-downs on those holdings.

    The fate of the $41 billion rests on the outcome of a debate going on in accounting circles over what constitutes a "reconsideration event." Those who say Citi needs to put these securities, known as collateralized debt obligations, onto its balance sheet argue that because ...

    . More>>

  • ( ) Parker Drilling Third Quarter 2007 EBITDA Increases 39 Percent to $74 ...

    HOUSTON, Nov. 7 /PRNewswire-FirstCall/ -- Parker Drilling Company (NYSE: PKD) , a global drilling contractor and service provider, today reported strong financial and operating results for the third quarter 2007. Highlights include:

    Robert L. Parker Jr., chairman and chief executive officer of Parker Drilling, said: "All three of our operating segments turned in excellent performances during the third quarter. As forecast, these results were driven by dramatically increased contributions from our international operations and a record quarter for both Quail Tools and our U.S. barge rig operations."

    Third Quarter Earnings and Financial Highlights

    For the three months ended September 30, 2007, Parker reported earnings of $22.7 million, or $0.20 per diluted share, on revenues of $172.2 million for the third quarter ended September 30, 2007, compared to revenues of $146.8 million and net income of $18.6 million or $0.17 per diluted share for the third quarter of 2006. More>>

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