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Bank chiefs` pay soars despite downturn
Take-home is higher than before credit crunchThe heads of Britain's biggest banks are enjoying salaries far in excess of other leading chief executives - in spite of the recession. In fact, according to new research, the annual take-home pay of some senior bankers is larger now than it was before the credit crunch triggered the run on Northern Rock in September 2007. The revelation is likely to further anger members of the public and MPs who have expressed concern about remuneration levels in the City.A report last week by the treasury select committee claimed that the bonus culture among banks had encouraged a 'lethal combination of reckless and excessive risk-taking'. But according to a Channel 4 Dispatches programme to be screened tomorrow night, the basic pay of leading bankers has defied the economic downturn.The programme claims that, historically, bank bosses have been paid the same as their FTSE 100 peers, but in the past 10 years their salaries have outstripped them. Research
Guardian

Beijing Sanyuan Group forms new company, asset totals 15 bln yuan
Beijing Capital Agriculture Group, which is centered on the city's major milk supplier Sanyuan Group and two poultry product makers, opened for business here on Saturday. Sanyuan has absorbed the asse...
Big News Network

Small Talk: Postal increase forces businesses to cut more
Small businesses already working to hold costs down during the recession have another expense to contend with: higher postal rates. The price of a first-class stamp went up two cents to 44 cents on Monday, the latest in a series of increases this year by the U.
The Salt Lake Tribune

Asia `retail condo` idea catches on in Chinatown
Chinatown is well-suited for the retail condo center because of the layout of the district and the people who do business there.
Houston Chronicle

Apple CEO Steve Jobs` historic Woodside estate: `Demolition by neglect`?
The 1926 Spanish Revival estate at the top of the hill, built by a copper magnate and now owned by tech titan Steve Jobs, is one step closer to demolition. After years of legal battles, the Woodside Town Council last week agreed that the 14-bedroom, 17,000-square-foot home could be torn down.
Mercury News

The May 16, 2009 edition of Casey's Daily Resource Plus, now available
Gold ekes out gain; Dollar rallies strongly against euro; Oil off sharply; Base metals mostly lower
Mining.com

Home savings scheme slumps
THE Rudd government's much-hyped first-home saver accounts are a national flop.
Cnet

Who Else Wants to Make Money With Forex Trading? Simple Tips to Become Profitable With Forex Robots
Name any person who would not be interested in making money with forex trading and he will be easily called as a liar. Earning some immediate cash is possible with foreign currency exchange trading. But it is also one of the most volatile and uncertain liquid cash market in the world. There are some things you need to master before entering into the world of currency trading online. Read further to know how you can become successful and profitable in this business.
E-Zine

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