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Source: NewsBusters (blog) (Original Article)

For the second week in a row George Will gave a much-needed education to one of the media’s most beloved liberal economists.

During the Roundtable segment of Sunday’s "This Week," Berkeley professor Robert Reich falsely claimed health insurance companies are exhibiting huge profits: "That is money directly out of the pockets of Americans."

Will countered, "[C]onfiscate all the profits of all the health insurance companies, with those profits you could finance our healthcare for 48 hours."

Reich arrogantly responded, "[R]ecipients of health insurance don’t know what they are buying very often. Until there are common standards, minimal standards, then people are going to be taken."

This nicely set Will up to drive the ball out of the park, "There you have the premise of this legislation and the core of today’s liberalism: the American people are such dopes they can’t be counted upon to buy their own insurance" (video embedded below the fold with transcript): 

For the record, as NewsBusters has previously reported, health insurance companies are amongst the least profitable of all America’s industries. Here are 2008’s rankings done by Fortune magazine:

So, in 2008, health insurers ranked 35th in profitability returning a meager 2.2 percent on revenues. What this means is that for every dollar health insurers brought in, they made 2.2 cents.

Sadly, for liberal media members like Reich, that’s considered TOO MUCH! Nice job of Will to point out his inanity.

Of course, he’ll probably be the next liberal economist in the media to win a Nobel Prize.

But for now, Reich was just the second media darling in eight days to go head to head with Will and lose.

For those that have forgotten, George smacked around New York Times columnist Paul Krugman on last Sunday’s "This AMERICAN DRAGON dvd Week."

Who’s next?

—Noel Sheppard is the Associate …continue reading

Source: NewsBlaze (Original Article)

Doha, Qatar, 04, March 2010: For the second consecutive year, The Qtel Group, will be a patron sponsor of the forthcoming TMT Finance and Investment Middle East 2010
(www.tmtfinance.com/me), one of the region’s most significant forums for the telecommunications industry.

The annual event, which is designed to bring together leading representatives from international telecommunications, investment and content provision organizations, takes place at a vital time for the industry, as the global economic climate is driving more companies to seek strategic alliances and new partnerships.

Globally, the Middle East remains one of the most dynamic regions for telecommunications investment, with mobile phone market penetration surpassing 100% in countries like the UAE, Qatar and Bahrain, supported by highly-developed network infrastructure.
Industry observers suggest that the TMT event could be one of the most significant so far, as companies look to better understand how to balance risk and capture opportunities.

The choice of Qatar as the host nation for the event again in 2010 is built on the success of the previous year. In particular it also reflects the nation’s growing stature within the industry, as the Qatari market enjoys greater liberalization and the national telecommunications provider, The Qtel Group moves towards its target of becoming one of the top 20 companies in the world by 2020.

Dr. Nasser Marafih, CEO of The Qtel Group, said:  “The Qtel Group has quickly grown into a regional and global player, which is why it is fundamental to our business strategy that we understand the challenges and opportunities that lie ahead. We are happy to support this event to address some of these challenges and opportunities. The Middle East telecommunications industry is in a period of rapid transition and this forum also provides an ideal platform for business leaders to share Finance Blog best practices, as well as drive innovation …continue reading

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Source: Earthtimes (press release) (Original Article)

NEW YORK - (Business Wire) Deutsche Bank and New York University Stern School of Business today announced a multi-year academic partnership designed to support and expand education and research related to risk management and financial regulation. The Volatility Institute at NYU Stern, directed by Nobel Laureate Robert Engle, will coordinate the program. As part of the relationship, Deutsche Bank will fund course design and teaching for risk management and financial regulation at the doctoral level within the School’s Finance Department. The funding will also support research at two NYU Stern research centers, The Volatility Institute and the Salomon Center for the Study of Financial Institutions, as well as annual events addressing risk and regulation. These events include an annual conference on risk hosted by The Volatility Institute and a “research day” to present the results of research conducted by NYU faculty and other scholars to practitioners and the academic community. “Strong risk management and robust financial regulation are the bedrock of a stable financial system,” said Hugo Banziger, Deutsche Bank’s Chief Risk Officer and a Member of the Management Board. “Deutsche Bank is committed to ensuring these are at the top of the agenda in the current regulatory reform debates and, with this partnership, we can help ensure they are also focal points in the education of future business leaders.” ”NYU Stern has long focused on risk management and regulatory issues in the financial services sector, and this is reflected in both faculty research and teaching at both the undergraduate and graduate levels,” according to Ingo Walter, Vice Dean of Faculty. “Constructive interaction between the academic world and key firms and regulators engaged in the financial sector can be highly productive in a dialogue that helps point to sensible solutions to evident risk control problems cheap domestic flights from Brisbane to Hamilton Island in a way that promotes the public …continue reading

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Source: FOXBusiness (Original Article)

CALGARY, ALBERTA, Feb 9, 2010 (Marketwire via COMTEX) —-Total Energy Services Inc. (TSX:TOT) (”Total”) is pleased to announce that Sean Ulmer has been appointed President of Bidell
Equipment L.P. (”Bidell”), Total’s natural gas compression business. Mr. Ulmer will be commencing his duties on or about March
1, 2010. Mr. Ulmer is currently an Associate Partner in the Transaction Services department of a multinational accounting
firm. From 2002 to 2008, Mr. Ulmer was Vice President, Production Services with Enerflex Systems Ltd., which included roles
responsible for their global rental fleet and North American mechanical service divisions. From 2000 to the time it was acquired
by Enerflex in 2002, Mr. Ulmer held senior management positions with the low horsepower natural gas compression division of
a public company. From 1994 to 2000, Mr. Ulmer held various accounting and corporate finance positions. Mr. Ulmer obtained
his Bachelor of Commerce in 1994, his Chartered Accountant designation in 1997 and his Chartered Business Valuator designation
in 1999.

Mr. Ulmer will be succeeding Warren Craddock, who has served as General Manager of Bidell since Total acquired Bidell
in 1998. Mr. Craddock will be continuing with Bidell in a senior technical and advisory role. Under Mr. Craddock’s leadership,
Bidell has grown to be a significant participant in the Canadian natural gas compression industry. Total appreciates the significant
contributions that Mr. Craddock has made to the growth and development of Bidell.

Total is also pleased to announce that it has received a United States Patent for its proprietary NOMAD(TM) line of
large horsepower mobile natural gas compression packages. The NOMAD(TM) line of portable compression brings significant operational
efficiencies and cost savings to end users by introducing portability to large horsepower compression applications.

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  News and Analysis[ 
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SAP shares were up by nearly 20 per cent in mid-afternoon trade, benefitting from an earlier statement that its pre-tax earnings in the fourth quarter had doubled from the 1998 level to E800m ($824m), thrashing analysts’ forecast. At 1550 GMT, the stock of Europe’s prime business software-maker stood at E638.5, up 18.24 per cent. Total revenues were up approximately 25 per cent, assembly this one of the strongest periods in the troupe’s times gone by. The groups has profited from the new evils of its Dutch rival Baan. The news led Morgan Stanley Dean Witter to upgrade to best from middle-of-the-road and set Link Building Services a share price target of E800.  Associated Article[ 
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Source: Earthtimes (press release) (Original Article)

PARIS - (Business Wire) To keep in line with the development of corporate governance rules, Jacques Berrebi has decided that he will no longer act as Chairman of the Supervisory Board while at the same time carrying out his operational duties, and from now on will focus on his operational duties. As a result, he has resigned from his positions as member and Chairman of the Supervisory Board. He will continue to carry out all of his duties within the group as before and, in addition, he will take on the chairmanship of the Group Strategy and Finance Committee set up by the Board of Directors. The Supervisory Board has accepted Mr. Berrebi’s decision and has therefore appointed Daniel Bergstein as Chairman of the Supervisory Board. The Supervisory Board has also co-opted two members, Mr. Jean Guez and Mr. Mario Sciacca, Mr. Sciacca being independent. ABOUT TELEPERFORMANCE Teleperformance (Paris:RCF) (NYSE Euronext Paris: FR 0000051807), the # 1 global leader in managing the customer experience in the outsourced contact center market, has been serving companies around the world rolling out customer acquisition, customer care, technical support and debt collection programs on their behalf. In 2008, the Teleperformance Group achieved €1.784 billion revenues (US$2.6 billion – average exchange rate at December 31, 2008: €1 = US$1.46). The Group operates about 82,000 computerized workstations, with more than 100,000 employees (Full-Time Equivalents) across 268 contact centers in 49 countries and conducts programs in more than 66 different languages and dialects on behalf of major international companies operating in various industries. www.teleperformance.com TELEPERFORMANCE
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+ 33 1 55 76 40 80
info@teleperformance.com
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