The world financial crisis II

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When the rats begin to smell themselves.

Rodent scurries by as Obama lauds Wall Street vote

Obama had just begun an afternoon statement to reporters lauding the end of a Senate filibuster on his financial overhaul plan when some kind of rodent - opinions differ on which - dashed out of the bushes to his right, just outside the Oval Office.


Dow Jones Islamic Market Index Wins Best Shari'ah-Compliant Index Provider  

An independent Shari'ah Supervisory Board counsels Dow Jones Indexes on matters related to the compliance of index-eligible companies. To determine their eligibility for the Dow Jones Islamic Market Indexes, stocks are screened based on their industry type and their financial ratios. Excluded are companies engaged in the following lines of business: alcohol, tobacco, pork-related products, financial services, defense/weapons and entertainment. Also excluded are companies for which the following financial ratios are 33% or more: debt divided by trailing 24-month average market capitalization; cash plus interest-bearing securities divided by trailing 24-month average market capitalization; and accounts receivables divided by trailing 24-month average market capitalization.

There are currently more than 150 licensees with more than US$7 billion in assets benchmarked to the Dow Jones Islamic Market Indexes.


Remarks on the Crisis of 2009:

"The whole thing is as disgusting as it is instructive.."