Plenny Things to Tell

Hi all

it’s been some time since last post, actually I was pretty busy with few events around me. But plenty things happening around the world in the last few days and simply cannot resist.
Ok, lets see them one at a time.

USD 700BLN BAIL-OUT
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US Treasury and the President of USA was rush to 'Patch' the economic crisis last week. And they have introduced a fresh solution of Bail-Out plan for USD700Bln to the US banks on the same week.

However US senate was ruled out this with 228 to 205 on last Monday.
Through this no-way track, the treasury begged to the Senate for the pass out of the proposal with a fresh copy of the bail-out plan and today it has been decided by the senate, to allocate the funds to the US Economy.

Wall Street marks the days low in 776 units drop yesterday with rule-out of bail - out and it seems that the traders are working all to gather today with the revised conditions and there is a possibility of share index rise on the close of day.

WACHOVIA BANK ACQUIRES BY CITI BANK, N.A USA
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US giant CITI Bank acquires the Wachovia Bank, NA on a Share Deal-share purchase agreement. This makes further 3300 Branches to City group widing there business including domestic offices in USA.

SAKVITHI FLEW TO THAILAND
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Sri Lankan Face of the Financial Crisis Sakvithi Ranasinghe is found to be flown to Thailand. He has been found initially on Chennai, India Last week.
And the Police of SL confirms the report as he flew to bangkok from chennai india in this week.

With the up to date figures the total massacre exceeds 100Bln LKR with 14xx complaints and having 20 Policeman worth of 10 Mln, a blind person who invests 3.5 Mln which is his entire assert and the registered maximum amount of a single investor with 14 Million who collected funds from certain peoples himself on pay interest basis.

CBSL currently stated with the government intervention on this regard and governement will not fund the investors in any mean. Further in a press conferance made in colombo, said
'There are further 04 illegal deposit takers and we are working on them to black list them sooner"

However as to the releif of thease greedies the CEO of Ceylinco Group, Mr Lalith Kothalawala stated that "If gorvernment helps, then i can too".

TROOPS CAPTURE KOKAVIL
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Government Military forces who are making humanitarian operations against Liberation Tigers of Tamil Elam has captures the Kokavil area yesterday. This is the first time that GOSL has the control over kokavil since 1990.

Kokavil is a more prestigious and valualble point in northern Sri Lanka as it’s the centre of the Northern peninsula and having the state TV Broadcast station to the Northern Provinces.
This makes the troops closer as much as 900m to the A9 Highway between Kandy and Jaffna

Troops are operating 3.5 Km south of kilinichchi and which is the heart of the LTTE Political Opeartions in Sri Lanka.

Further, Government troops capture one of the runaway tracks of LTTE near Kiliniochchi and are registered as the first time of such incident.