the deal at about $90 billion. "It ain't a takeover, it's a merger of equals," he told reporters, http://malaguo.ru/forum.php?mod=viewthread&tid=167599 - http://malaguo.ru/forum.php?mod=viewthread&tid=167599 . However, he added that "for the sake of getting the deal done we were prepared to pay a premium." Glasenberg, who owns 15 percent of shares in Glencore, will make tens of millions of dollars from the company's proposed full-year dividend of $0.10 per share. "It is my intention to reinvest this dividend back in the company," he said. The value of Glencore's stock fell 1.8 percent to 412.45 pence ($6.53) by noon on the London stock exchange. Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ. An insider's guide to politics and policy, available on the iPad or as a PDF download, http://www.cheaptomsoutlet0.com - toms shoes on sale .
By ANNA ANDERSEN, http://ln.139yd.com/synky_forum/discuz/forum.php?mod=viewthread&tid=3270121 - http://ln.139yd.com/synky_forum/discuz/forum.php?mod=viewthread&tid=3270121 , Associated Press REYKJAVIK, Iceland (AP) Iceland's former prime minister has rejected charges he failed to adequately protect his country's economy from financial shocks in the first criminal trial of a world leader over the 2008 financial crisis, http://www.cheaptomsshoesoutletstore.us - toms shoes discount . "I reject all accusations, and believe there is no basis for them," Geir Haarde said as he took the stand on Monday. He said it was the first chance he had to answer questions in the case. Haarde became a symbol of the bubble economy for Icelanders who lost their jobs and homes after the country's main commercial banks collapsed in 2008, sending its currency into a nosedive and inflation soaring. Prosecutors opened the case at the Landsdomur, a special court being convened for the first time in Iceland's history. Part of their case hinges on a charge that Haarde failed to implement recommendations a government committee had drawn up in 2006 to strengthen Iceland's economy. Haarde told the court that the committee's work could not have prevented Iceland's economic crash. "Nobody predicted that there would be a financial collapse in Iceland" in 2008, he said, adding that the government did not fully understand how much debt the country's banks had on their books. Haarde is accused of negligence for failing to prevent the financial implosion from which the small island country is still struggling to recover, http://iamprincess.com.hk/forum.php?mod=viewthread&tid=373473&extra= - http://iamprincess.com.hk/forum.php?mod=viewthread&tid=373473&extra= , http://www.cheaptomsshoesoutletstore.us - toms sale . In the crisis' immediate aftermath as unemployment and inflation skyrocketed many sought to affix blame for the havoc across the 330,000-strong nation. A wave of public protests forced Haarde out of government in 2009. Haarde has pleaded not guilty and sought to have all charges dismissed, calling the proceedings "preposterous." He has insisted Icelanders' interests were his "guiding light," and blamed the banks for the crisis, saying government officials and regulatory authorities tried their best to prevent the crisis and that his "conscience is clear." The trial is expected to last until mid-March, with the court taking another four to six weeks to deliver its verdict. Copyright 2012 The Associated Press. All rights reserved. This material may not be publis
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