Thursday, May 7, 2009

Best Job in the World

  • Role : Caretaker of a tropical Australian island - dream assignment to swim, explore and relax on Hamilton island for six months, write a blog to promote the area.
  • Ben Southhall, 34 yr old Briton, has been selected out of nearly 35K applicants !
  • A charity worker, his love for adventure and other interests ( bungee jump, ostrich-riding, marathon-running, trekking, etc ) helped him.
  • He gets to live for free in a oceanfront villa.... COOL...... !!

Best wishes for Ben, in the new role. Let us hope, he comes back with a stronger resolve to do more charity and selfless service

PS:Happiness does not lie in doing what you like, but liking what you do-anonymous

Friday, May 1, 2009

Chrysler files for bankruptsy

Chrysler files for bankruptsy. The Chapter 11 filing, as it is popularly known as, will send shock waves across automobile markets, world-wide.
Fiat will pick up 20 % stake. Fiat had come out of a slump recently. Bold move, it will give Fiat access to North American market.
President Obama is confident of saving over 30,000 direct jobs and many more at suppliers/dealers, etc. A key factor in these tough times and a key deliverable for government.
The US government will provide up to $3.5 billion in debtor-in-possession (DIP) financing and up to $4.5 billion in exit financing.
As the world economy throws up not-so-encouraging statistics regarding its performance, sectors such as automobile will face the brunt of its impact. Tough times ahead…