| Nigeria: Refund Our Money, Danbaba Tells FG
Governor Danbaba Suntai has once again called on the National Debt Management Office (DMO) to refund money illegally deducted from the treasury of the defunct Gongola State. Governor Danbaba Suntai disclosed that before the creation of Taraba and Adamawa states out of the now defunct Gongola, funds were illegally deducted from the state in the name of servicing non-existent debts . .
Reports: $4B in Countrywide debt might be sold
Holders of convertible senior notes issued by Countrywide Financial Corp. worth $4 billion might sell off the debt, according to media reports. Countrywide would not receive any of the proceeds from the potential sale. The debt was issued in May and would be due in 2037. According to Marketwatch, the sellers include the Waterstone Market Neutral Master Fund, the Stark Master Fund and Oz Special Funding. Calabasas-based Countrywide (NYSE: CFC) is the nation's largest mortgage lender. Published November 16, 2007 by Los Angeles Business from bizjournals .
National business briefs: September consumer credit up less than expected
The Federal Reserve reported Wednesday that consumer credit rose at an annual rate of 1.8 percent in September, the slowest since April's 1.6 percent mark. The September gain was about half what economists had expected. Sold to Nasdaq The Nasdaq Stock Market has agreed to buy the Philadelphia Stock Exchange for $652 million in cash, giving the largest U.S. electronic stock market a foothold in the fast-growing options market. The deal unveiled Wednesday comes as many of the world's exchanges are succumbing to a wave of consolidation. Giving credit American Express Co. will receive up to $2.25 billion under an agreement with Visa Inc. to settle litigation that has been pending since 2004, according to statements released by both credit card issuers Wednesday.
SAD 21 views merger options
DIXFIELD - The door may still be open for SAD 39 in Buckfield to merge with SAD 21, officials at Tuesday night's directors' meeting said.
SAD 21 Superintendent Tom Ward said anything is possible between now and 2009, when the state requires school districts to be consolidated. One option is tossing out the law, he said, but regardless of what happens his district and SAD 43 in Rumford, SAD 44 in Bethel and Union 37 in Rangeley must go through the consolidation process.
"If we can't make cost sharing work, we stop and discuss that with the commissioner. If we do what we're supposed to, there will be some flexibility," Ward said.
The greatest issue facing SAD 21 is the unequal cost sharing assessment that would happen under the existing state funding formula.
PRESS RELEASE: AMD Unleashes Enthusiast Gaming Performance for the Masses with ATI Radeon(tm) HD 3800 Series
SUNNYVALE, Calif. - November 15, 2007 -AMD (NYSE: AMD) today announced the introduction and immediate availability of the ATI Radeon TM HD 3800 Series of graphics processing units (GPU). As the world's first series of graphics processors to deliver Microsoft's DirectX® 10.1 support, 55nm process technology and tri and quad multi-GPU support with ATI CrossFireX TM , the ATI Radeon HD 3800 series ushers in a new era of enthusiast gaming performance at mainstream price points. The ATI Radeon HD 3800 series will be introduced in two variants at launch, from US $179 MSRP, the ATI Radeon TM HD 3850 with 256MB of GDDR3 memory and from US $219 MSRP, the ATI Radeon TM HD 3870 with 512MB GDDR4 memory. The launch of the ATI Radeon HD 3800 series redefines the enthusiast segment and puts high performance gaming in reach of more users than ever before.
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