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Oh...Nostatus mispelled piece....
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74 Targa 3.0, 89 Carrera, 04 Cayenne Turbo http://www.pelicanparts.com/gallery/fintstone/ "The problem with socialism is that you eventually run out of other people's money" Some are born free. Some have freedom thrust upon them. Others simply surrender |
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Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
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Every country needs an economic system and banking has always provided a foundation. In Iraq when that realization has come to pass over social policy it'll be time to invest.
http://www.menafn.com/qn_news_story_s.asp?StoryId=1093137609 http://www.economist.com/finance/displayStory.cfm?story_id=2792407 A huge training effort has been going on. Advisers from America's Treasury and bank regulators have given classes on subjects ranging from the use of Microsoft Word to the basics of Basel 2, a new treaty on bank supervision. “It is a big challenge, a new way of thinking,” says one American adviser. “Banking based on risk and judgment is radically different from bank decisions based on Saddam's say-so.” Iraq Banking news http://www.einnews.com/iraq/newsfeed-iraq-banking CPA designated bank policy http://www.cpa-iraq.org/bank/banking_pager.html Otherwise "Peter McPherson and a whole bunch of recent college grads picked by the Heritage Foundation sent over to Iraq to set up a banking system. That was three years ago. But now, oh by the way, Iraq has no banking system. That's what you get when political considerations govern your hiring decisions: rank incompetence."
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Ronin LB '77 911s 2.7 PMO E 8.5 SSI Monty MSD JPI w x6 |
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