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Work overload this festive season?
Posted on 23. Dec, 2010 by admin.
Work overload this festive season? The holidays are a busy time, especially if you’re an accountant battling year-end deadlines. If you need a break, there is no better remedy for work overload than a giggle or two. Brighten your day by watching this holiday video from Robert Half. Robert Half International is the first business to provide specialised staffing services for accounting and finance professionals. Businesses turn to Robert Half International’s specialised divisions for personalised service and access to the most qualified talent for their temporary recruitment, project consulting and permanent recruitment needs. Robert Half provides a cost-effective recruitment solution for their clients, helping them hire highly skilled professionals quickly and with minimal disruption to productivity. The recruiters used by Robert Half are typically experienced accounting and finance professionals themselves. In addition, the innovative Company-In recruitment process makes hiring easier and more efficient for employers. By taking advantage of Robert Half’s temporary, interim and permanent financial recruitment you can ensure you enjoy the holiday season, while ensuring the books are balanced. For more information about Robert Half International, you can visit the company website, here: http://www.roberthalf.co.uk. ‘Tis the season for giving, so don’t forget to share this
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Financial Firm Crisis
Posted on 24. Sep, 2009 by admin.
One of the major sign of financial crisis globally is when Lehman Brothers announces its closure. Last September 14, 2008 Federal Reserve Bank was not able to help the Lehman Brothers. Immediately they announce that they would file for bankruptcy. The Bankruptcy of Lehman Brothers is a significant sign that there is a global crisis. Panic arises all over the world since Lehman brothers is involved in international transaction. JP Morgan Chase reserves $138 billion for Lehman Brothers to arrange their transactions with customers of Lehman and its clearance parties.
Also on September 14 after Lehman declares bankruptcy, Bank of America bought Merrill Lynch. This causes turmoil in the stock market globally dropping to its lowest. American International Group (AIG) suffered a liquidity crisis and the downgrade of its credit rating on September 16. AIG has been a significant participant in the credit default swaps markets. AIG and the Federal Reserve created a credit facility for up to US$85 billion after AIG has shown Federal Reserve that it could not find company that would lend them to save it from insolvency. The US$85 billion will serve as a replacement for 79.9% equity interest, and the right to stop the dividends that is previously issued. The announcement of these three big financial companies has resulted in millions of jobless people worldwide. This has been very stressful in the financial world. Investors and depositors loses their hope for a while but was able to regain when big companies and Federal Reserve come up with better ideas.