Thursday, July 10, 2008

Simmons and Co. "Schools Out for Summer" Energy Report Card (Hint: grades D- to F)

Easy A, B, C type SERIOUS reading...(PDF)
Summer Report Card of the Energy Sector
http://www.simmonsco-intl.com/company_clientlist.asp
http://www.simmonsco-intl.com/research.aspx?Type=news
Simmons and Co. International are "Investment Bankers to the Energy Industry" (((They and their clients will make money, but it's going to cost you more $)))

“My grandfather rode on a camel, my father rode in a car,
I ride in a jet, my children will ride
in cars,
my grandchildren will ride on camels.”

Sheikh Rashid bin Saeed Al Maktoum (1912 –October 7, 1990)
was the Prime Minister of the United Arab Emirates from 1979 to 1990
and Emir (Ruler) of Dubai. He ruled for 32 years, until his death.
--------breaking-----------
The Associated Press/IHT July 6, 2008
Emirates calls on GCC countries to depeg currencies from US dollar
The GCC members are Saudi Arabia, Qatar, Kuwait, the United Arab Emirates, Bahrain and Oman. All of their currencies are pegged to the dollar except Kuwait, which depegged its currency, the dinar, from the dollar in May 2007 in favor of a basket of currencies.

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