S&P's 5 trillion US Dollars bank or 3.51 Trillion Euros doomsday tab, a financial meltdown to fix would probably make the recent one look like a walk in the park. Not a very nice park, but still.
Gas spike tab hits 100 billion US Dollars or 70.25 billion Euros, sharp rise in gasoline prices so far in 2011 — nearly 70 cents per gallon — which is siphoning off household income at a run rate equivalent to such amount per year.
BP's 20 billion US Dollars or 14.0505 billion Euros fund barely tapped, seed money from BP (BP), said it has approved 300,000 claims from businesses and individuals hurt by the spill, out of approximately 857,000 claims submitted.
Steven Spielberg, who split from wife Amy Irving in the late 1980s, made 332 million US Dollars or 233.24 million Euros last year alone, very expensive divorce or scheidung.
Glencore unveils 11 billion US dollars or 7.7278 billion euros IPO plans, set to become London's biggest sale, Glencore mandated Citigroup, Credit Suisse and Morgan Stanley as global co-ordinators and joint bookrunners for its offer. Bank of America-Merill Lynch, BNP Paribas were appointed joint bookrunners, Barclays Capital, Société Générale and UBS were appointed co-bookrunners and Liberum Capital was also appointed to the syndicate. The trader said that Linklaters was its legal adviser, while Clifford Chance was advising the bank's syndicate.
conversion taken from standard currency converter
Standard & Poor's is one of three major agencies that evaluate public and private debt issues. Their ratings are key to measuring an investor's risk in buying the debt, an important factor in determining interest rates.
Moody's, one of the other big ratings agencies, described the two deficit reduction plans currently on the table as "a significant shift in the U.S. fiscal debate."
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