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Is There Financial Literacy in Your Workplace? - by Rich Virgilio, SPHR
Some companies will spend plenty of time discussing financial management with their employees. Other companies may spend minimal time or even no time at all. See how your company stacks up against the rest.

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Questions From A Regional Federal Reserve Bank
I have a friend who sits on the board of one of the regional Federal Reserve Banks who sent me the following email the other day.

Lonrho to Acquire 51% Stake and Control of Mozambican Microfinance Bank, Socremo Banco de Microfinancas
Lonrho, the British conglomerate that is rapidly growing a portfolio of investments in Africa, has announced that it has signed a letter of intent to acquire 51% and board control of the second largest bank in Mozambique, Socremo Banco de Microfinancas (Socremo). The transaction is subject to Reserve Bank of Mozambique approval.

Lesson #4: Do Not Sit Around and Wait for Something to Happen
When Hall first moved to Kansas City in 1910, he had no grand thoughts of becoming a millionaire or even creating a company of any significant success. All he wanted to do was make a living, and he thought Kansas City was the perfect place for a hard-working young man to do just that.

Secret Reserves
It has been defined as "any reserve which is not apparent on the face of the balance sheet". It is sometimes called "hidden reserve", or 'internal reserve' or 'inner reserve.' This reserve represents the surplus of assets over liabilities and capital. It does not appear in the ledger. The creation of secret reserves strengthens the financial position of the concern. Its financial position would be better than what it would appear on the face of the balance sheet. Secret reserve is created usually by joint stock companies especially banking, insurance and financial concerns.

A “Perfect Vision” and Determined Execution: Laying the Foundations for Sustainable Success (Perfect Commerce Profile)
One might say that perfection is in the vision and execution is reflected in the outcome. If that is in fact the standard by which perfection is measured, then the little company from Kansas City has been appropriately named.

Is it Safe to Start Up a Business in Today's Current Economy?
In July of 2009, the Federal Reserve Board released information that loans were declining. So how safe is it to start up a business in today's economy? That is dependent on many factors.

Courageous Strategies For Your Business Recovery
Are businesses recovering from the recession? Two years ago, Alan Beaulieu - principal at the Institute for Trend Research - predicted that the United States and its global partners would be heading into a deep recession, including a stock market correction. This notion differed greatly from mainstream economists, including those at the Federal Reserve Bank. That happened. What are the steps you can take now to leap forward in your business. It is our prediction that hose who are prepared for the change will benefit the most. How to prepare is the subject of this article.

The Roles And Responsibilities Of The Canada National Bank
Canada National Bank is the central bank of Canada. Although, it is important to know that it is not a government department. It is rather a crown corporation owned by the government. Though its activities are almost independent, its earnings go to the federal treasury and shares are directly held by the finance ministry. Besides that, it is not the federal public service agency but the bank itself that regulates the employees of this bank. It was after the introduction of the 1934 Bank of Canada Act that gave this bank the monopoly on the issuance of banknotes. The value of the Canadian dollar depends upon the actual amount of money created by this bank. Its main task is to promote the financial and economic well being of Canada.

Football's Pitch Count and the Connection to the Sales Force
Herm Edwards, currently of ESPN and formerly the Head Coach of the Kansas City Chiefs, was interviewed on WEEI, Boston's Sports Talk Radio station today. He said a couple of things that were quite compelling:

Quantitative Easing made Simple
Despite the negative public image of quantitative easing, the Federal Reserve stands firm in its belief that this is the only way for the US economy to recover.

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