"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Tuesday, September 12, 2006

BAE - moving the pieces

In a highly significant move, BAE Systems Inc., the U.S. side of BAE Systems PLC, announced today that on December 31st Mark Ronald, chief operating officer of BAE Systems PLC and president and CEO of Rockville-based BAE Systems Inc., will be replaced Jan. 2 by Walt Havenstein, currently president of the company's electronics and integrated solutions group. Havenstein previously served as executive vice president for BAE Systems North America, now BAE Systems Inc., in Rockville.

BAE Systems Inc.based in Maryland , employs about 45,000 workers.

BAE have announced they will sell their share in the Airbus and will announce their half year results tomorrow.

at 9/12/2006 10:31:00 pm

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