2008 can be your Best Year Ever!

“If 2007 was nothing to write home about, then 2008 is just going to get better”

You'll be reaching for your pen to make note of what presents you need to buy love ones and friends. Yes, its that time again, when we take stock of all what's happened and begin to reassess all those things accomplished and question why on earth we bought that hideous piece of furniture that's now banished to the loft; or that really fashionable outfit that looked great on the celebrity and now sits at the back of the wardrobe buffering the shoes and the other "must wear when I get a chance" items.

2008 can be a much welcomed turning point to:

* achieve more than you could imagine,
* starting point to make the impact you really want in your world of work and life,
* take control of your life, rather than living on auto-pilot

Its never to late to begin a forward-thinking plan of action, and renew your choices

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Sub-prime mortgage meltdown hits Citigroup

“Citigroup names Robert Rubin as chairman after Charles Prince exits”

Citigroup has appointed Robert Rubin, the former Treasury Secretary, to be its chairman and Sir Win Bischoff, the group’s European head, to act as interim chief executive, as it emerged that the world’s largest bank would need to take up to $11 billion (£5.3 billion) of further writedowns relating to America’s sub-prime mortgage meltdown. The appointments came after the position of Charles “Chuck” Prince, Citigroup’s chairman and chief executive, became untenable in the wake of huge mortgage-related writedowns in the third quarter and expectations of billions of dollars more to come.
Mr Prince, whose resignation was characterised as a retirement, said: “It is my judgment that, given the size of the recent losses in our mortgage-backed securities business, the only honourable course for me to take as chief executive officer is to step down.”

The sheer scale of the additional losses from sub-prime-related investments, which Citigroup last night estimated at between $8 billion and $11 billion, will send shockwaves across the banking industry

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