financial meltdown

3 posts

Peugeot first-half sales decline 14% on Europe, Latin America

8 months ago

PSA Peugeot Citroen, France’s biggest automaker, said first-half car and light-truck sales dropped 14 percent as the global auto-market slump took hold in Europe and Latin America.

The Peugeot and Citroen brands recorded combined sales of 1.59 million cars in the first six months, compared with 1.85 million units a year earlier, the Paris-based company said in a statement today. Excluding vehicles sold in unassembled form, deliveries plunged 17 percent to 1.39 million cars, it said.

Peugeot Citroen, which makes 76 percent of its 2008 revenue in Western Europe, is seeking overseas expansion opportunities or partners under Chief Executive Officer Philippe Varin. In Latin America, Peugeot’s market share fell 0.2 percentage point to 5.5 percent as its sales outpaced the region’s 13 percent industry-wide decline.

Source: Bloomberg

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The Money Maker Mattress for Financial Crises

World Affairs Business & FinanceBy InvestaMania

11 months ago

The following is a video I made last December for a video class. It has been 5 months since its creation, however, it is still just as relevant.

It's 4 minutes long, but definitely worth the time. It's the best infomercial for a Financial Instrument you will ever see! Pay close attention to the infomercial techniques used! :)

I would highly appreciate some Diggs or Stumbles on the actual YouTube Link!

Thanks for the support! and go buy a Money Maker Mattress. The best way to preserve your capital!

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The Blame Game

World Affairs Business & FinanceBy InvestaMania

11 months ago

personal-accountability

Here is another politics of finance post.

Moving beyond the point that we need to regulate [through new regulation OR ENFORCEMENT of current regulations that failed]....

The question is: Who's to blame for the current crisis? Or, is there even anyone to blame?

If you're talking to a regular everyday person, they'll probably say it was the banks for making wrong bets and generating excessive risk and the mortgage lenders for making loans they knew people would eventually default on it.

If you talk to someone from Wall Street, they'll say it was the homeowners who bought houses they could not afford.

I think both of them are partly responsible for the mess; however, I believe that Wall Street and the financial institutions have a much bigger part of the blame.

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