"“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, November 27, 2007

Common Purpose income from Ministry of Work & Pensions

Written answers Hansard Thursday, 26 July 2007
Work and Pensions
Subject : Common Purpose

Philip Davies (Shipley, Conservative)

To ask the Secretary of State for Work and Pensions how much his Department paid to Common Purpose in each of the last five years; for what purpose; and what the outcome of the expenditure was.

Anne McGuire (Parliamentary Under-Secretary, Department for Work and Pensions) Hansard source

A number of DWP senior managers have attended leadership courses run by Common Purpose in the last five years. The total expenditure for each of the last five years is listed in the following table. The courses have helped improve leadership skills. Given the nature of these courses, they have also helped foster valuable partnerships in the local community which can be used to improve the service offered to our customers.

Total Spend to nearest Pound Sterling
2002-03 43,452
2003-04 72,691
2004-05 48,980
2005-06 43,111
2006-07 31,161

Update 30/11/07 : Go here to Wonko for a vast amount of detail about how Government Departments have spent hundreds of thousands on Common Purpose. e.g

The Department for International Development spent £181,333 helping Common Purpose establish itself in South Africa.

The Ministry of Defence spent £308,525 on Common Purpose between 2002 and 2007

Renew the North West Regional Developmen Agency have a whole year long programme booked for 2008

1 comment:

George Dutton said...

29 November 2007

"Citigroup deal highlights US banking crisis"

"On Monday, US banking giant Citigroup announced a deal with Abu Dhabi to secure a $7.5 billion cash infusion. The arrangement is intended to shore up the bank’s financing amidst an ongoing credit crisis, but the desperate character of the deal is an indication of the deep crisis facing American capitalism"

"Certain basic measurements of the bank’s financial health have fallen sharply in recent months—in particular its capital ratio, representing the amount of assets the bank has relative to its liabilities. To provide a temporary bandage for this problem, the bank arranged the deal with the Abu Dhabi Investment Authority (ADIA), a state institution of Abu Dhabi, the capital of the United Arab Emirates"...


(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish