---------------------
"President ---- yesterday said Americans are duty-bound to 'share our wealth' with poor nations and promised a 50 percent increase in foreign aid."
Which president said this? ANSWER
Vote Bush, vote for one world government.
Posted on 12/19/2002 6:43:40 AM PST by BallandPowder
Edited on 12/19/2002 8:53:16 AM PST by Admin Moderator. [history]
Illegal Alien thieving Govt BUMP!
Illegal Alien thieving Govt BUMP!
Illegal Alien thieving Govt BUMP!
"President ---- yesterday said Americans are duty-bound to 'share our wealth' with poor nations and promised a 50 percent increase in foreign aid."
Which president said this? ANSWER
Vote Bush, vote for one world government.
PRNewswire-FirstCall
December 19, 2002
Source
JPMorgan will incorporate Mexico into its GBI Broad Index on January 2, 2003. JPMorgan's GBI (Government Bond Index) is one of the leading instruments used by global debt government funds for portfolio allocations. The GBI currently includes local currency government-issued debt of most of the world's major economies in Europe, Asia and North America. As the local markets in emerging market economies develop, the allocations of the index are updated to incorporate additions.
The incorporation of "Bonos", issued by the United Mexican States, to the index is a clear recognition of the progress made in the development of Mexico's fixed-income local markets and the global community's confidence in the stability of the economy. As there are many international funds that allocate their portfolio in line with the index, these funds will be buying Mexican "Bonos" to enhance their portfolios. "Bonos" are fixed-rate, local currency-denominated coupon bonds. "Bonos" pay interest semiannually and are issued in maturities of 3, 5, 7 and 10 years, with each maturity sold at auction every four weeks. The liquidity of "Bonos" has increased significantly since the end of 2000.
Eduardo Cepeda, JPMorgan's Senior Country Officer in Mexico noted, "Mexico is already a key part of the distinguished JPMorgan EMBI (Emerging Markets Bond Index) and is now part of the equally recognized JPMorgan GBI. Inclusion in these indexes direct portfolio investment and maintain a strong focus by investors on Mexico. It is a highly positive sign for continued growth in local markets in Mexico in 2003."
J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $741 billion and operations in more than 50 countries. With relationships with over 99% of the Fortune 1000 companies, the firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services, and retail and middle market financial services. A component of the Dow Jones Industrial Average, JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients.
Banks In All The Wrong Places
"Many of the top banks such as J.P. Morgan Chase, Citigroup, and Bank America are also the nation's largest writers of derivatives. These three banks have derivative portfolios totaling close to $40 trillion in notional value or roughly 87 percent of the derivative portfolio of the nation's top 354 banks. This is a high concentration in just a few players in what is a very risky business.
On top of making bad loans, the banks also have exposure as the largest underwriters in the derivative business. J.P. Morgan Chase is leveraged over 700-1 when you look at the bank's exposure to derivatives."
If they paid into it legally and are here legally, then this is the best bet out of all of the responses in the thread. Our tax dollars won't be going to them in the future, they have to goto their government for the money and everybody is happy (except for the Mexicans, who probably won't get their money back from the government, but then, that's their problem and not ours).
Illegal?
the agreement is projected to trigger 37,000 new claims from Mexicans who worked in the United States legally and paid Social Security taxes but have been unable to claim their checks,
What part of legal don't you understand?
Put the powder away , Chicken Little.
If you would have read the whole article instead of just insulting you would have understood that the Mexican goverment also wants ILLEGALS to receive credit for the time they were in the country ILLEGALLY...
What part of Illegal alien don't you understand?
Illegal Alien thieving Govt BUMP!
Illegal Alien thieving Govt BUMP!
Illegal Alien thieving Govt BUMP!
You must have been down in Florida! - LOL
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.