Facebook IPO

Facebook is in the process of becoming a publicly-listed company,the company plans to achieve this through offering of IPO.according to the reports facebook is plans to file papers with the US financial wathdog on wednesday this is accordingto the Financial Times and the wall street Journal.The social networking site is valued at between $75bn and $100bn.the floatation would raise about $10bn

Royal Bank of Scotland madness payments

Royal Bank of Scotland has awarded its top directors heavty payment.it has been offered its chairman Sir philip Hampton $1.9 million althought he has down it down. the bank has lso awarded the bank CEO mr stephen Hester more than $1.3million on bonus. this has caused alot of disbelieve among the scotish people they asked the UK prime minister not to accept the treásury to pay them.RBS his majority state owned and the tax payers are not happy with it.For the God sake with the all the crisis that is going on in euro zone .how can banks still go on to pay such payments.while the shareholders are not receving the best from there investment.

Ferdinand Omondi: THE PARLIAMENTARY DEBATE THAT NEVER WAS

Ferdinand Omondi: THE PARLIAMENTARY DEBATE THAT NEVER WAS