Archive for March 2014

Michael Oehme Investors

The majority of the large investors expected that the loose monetary policy of the European Central Bank will continue and historically interest rates will remain low. St. Gallen, 12.11.2013. These are the Central findings of a recent survey by the German investment company universal. Thus, nearly 90 percent of the surveyed large investors expect no long-term success of current monetary policy.

This policy is to buy time, but eliminate any fundamental economic difficulties. How to generate a decent return without going to high risk? Large investors who want a chance risk balance, need to revisit just their plants. Government bonds are unpopular with many investors. One-fifth of respondents wants to increase its equity exposure, where many share quotas of insurance, financial departments of industrial and service companies, as well as from foundations are already not very high and an increase in this segment should become hardly noticeable. High in the course are currently alternative investments and that want to extend major investors. Here, the survey shows that many large investors want to appreciate but also equity capital (private equity”), but otherwise like to invest their money to fixed or at least good predictable returns: be called investments in real estate, infrastructure and loans.

Mainly long-term corporate loans are becoming increasingly popular in Germany. As a result of the financial crisis, many banks have to reduce their presence in long-term lending. Companies, however, in any case, those with an ordinary credit must not leverage renounce. The issuance of corporate bonds in Germany has increased in recent years. A market for tradable credits forms, because many big investors are liquid and fixed interest income with little risk of failure might be interested. The demand by large investors to long-term loans increasing sharply. This other, at first glance are interesting non-obvious sectors of the economy. Finally interested in not only German large investors for loans to German companies. Foreign investors seem motivated companies to invest in, which are considered solid debtor.

BRAO Mandate

District Court Weilheim: Attorney contract is void stirrings of we have expressed us, what to keep is by unsolicited ‘information letter’, which en masse to send various law firms. We have pointed out among other things here, that such circulars can be problematic. They have, even if they are mostly as neutral, often exclusively commercial character. The people is suggested in the form of a survey, one is interested in their experiences and could also help – if necessary. Regularly also own creates the need by about impending limitation of damages is pointed out. District Court Weilheim: Attorney contract is null and void! By judgment of the 09.07.2012 District Court Weilheim rejected (legally) the claim of a firm, which claimed the payment of remuneration by an investor in a film fund. The mandate was achieved through one of these mass writing that currently fill the mailboxes of investors; However, these come not only from Lawyers but also investor protection community, associations and similar entities.

The Court justified the dismissal of the action so that the mandate by illegal advertising was established. Section 43B BRAO (Federal lawyer rules) prohibits advertising a job individually. Exactly what happened as a result that sent a letter to many shareholders of a Fund, it was pointed to a looming Statute of limitations and other information should be interested in. “From the wording of the letter itself () and of further action” it was clearly apparent that here should be the establishment of a mandate, the Court ruled. That will made also through participation in a community of interests there planned not in question, on the contrary. Serious consequences for the affected investors threaten! Stirrings of, courts had to deal with the advertising practice of lawyers. This prompted the Rechtsanwaltskammer Munchen to among other things to point out. It is not so important, that the respective Lawyers here have committed a breach of professional rules, harm the reputation of lawyers or have the clients not to pay the compensation.

Ballot Heading

The literalidade matters in considering that the right incorporated in the heading has its mentioned existence, its content, its extension and its modality in the document. The function of the literalidade is constituent and source of independent right. The heading is literal because its existence if regulates for the text of its content if it enunciates in one writing, and what it is in inserted it if only leads in consideration; an obligation that of it does not consist, even so being express in separate document, it is not combined. Thus, its existence, its content, its extension and its modality must be mentioned in the document. The implications of the literalidade in the Ballot of Agricultural Product are demasiadamente evidentes in the character of essential requirement, ' ' it will be able to contain other clauses launched in its context, which will be able to consist of document to the part, with the signature of emitente' ' , ' ' becoming, in the ballot, mention to this circunstncia' '. Third I begin raised is about the autonomy which the obligations represented for a credit heading are independent between itself. The autonomy is of each right mentioned in the heading. Each obligation contained in the document is independent, exists by itself, in way that the buyer or carrier of the heading can exercise its right without any dependence of the others obligatory relations had preceded that it.

Who signs a bill of exchange is for obliged it. He is exempt of eventual I infect of the vices or nullities of other signatures, on which it does not depend. Who bag or emits, who accepted, who endorses or who guarantees one bond is signatory of an exchange declaration, is responsible for the accomplishment of the value that it affirms to exist in the definitive time and place. It is compelled because it signs and for what signs.

Simas Factory Villeroy

Extravagant, outrageous and provocative series of a few plumbers Starck 1 Duravit: the cone-shaped basin with cupboard, toilet, bidet, urinal and bathroom will be a bold accent in a bathroom in the style of minimalism. According to the designer Philippe Starck, the creation of this series, he was inspired by a form of conventional buckets. To maintain the "purity of style" and save the forms in This series offers the entire line of branded accessories: toilet paper holders, stands for toothbrushes and brushes for toilet bowls. After it looks very similar cone-shaped series of Visit Keramag, Lft Spazio and Bohemian Simas. Plumbing Simas can be either in a traditional white version and a black ceramic and coated with a surface of an original drawing monograms, floral designs, intricate lines, etc., which allows its use in style, luxury, chic and glamorous – Art Deco. Inheriting Simas Factory Villeroy & Boch released a series of plumbing Memento: matt drawing ornamental monogram on the glossy surface of the ceramic white or black, that is an attribute of the interior in art-deco style, despite the direct form of the series. Starck X series, Vero Duravit, and Frozen Simas can be characterized as masculine, discreet series of sharp pointed, aggressive forms of square washstand, toilet, bidet, urinal and bathroom, for strict minimalist interiors. Softer line with a series of plumbing Oh! and Flow Simas shaped like cubes with smooth edges. For a country style or romanticism recommend a series of mental plumbing Cassini Keramag, plump shape which reminiscent of rustic barrels with honey or jam, especially the colorful round ceramic sink with a thick-walled and inflated embossed floral pattern on the edge of the basin.

Banner Exchange Network

How do banner ads on the network: 1. Do you find such a network and register with them. Registration is usually free. But you can not avoid, if your site has a very small rating. 2. Give you a special code.

The code you put on your website. 3. Log into your registered account. And do a little tweaking: the number of banners to be displayed on your site theme, etc. 4. Where you installed the code, banners began to appear. 5.

These shows piling up in your personal account. You can then sell them or to order your banner ads. Features banner networks: 1. First of all, they vary in size banners. The most common and popular size is: 88 * 31; 468 * 60, 120 * 60. In addition to these there are a large number of banner sizes. 2. There are also networks that specialize not in normal graphics, but the flash banner. Now this area of advertising begins to gain momentum. You probably do not notice the time very beautiful banners or popup flash, which crawl when loading sites. These banners are made using Flash technology and are called rich media. 3. Networks also differ in subjects. For example, automotive, business, erotic, computer, etc. There are other differences such networks, but they are less important. The disadvantages of participation in banner exchange services: 1. If you are involved in such networks for In order to display your banner, you know it’s an ineffective way of advertising. Our users have become accustomed to such kind of advertising. This is worth doing unless you have a banner, on which no one can tear sight. According to statistics, the response banner is a few percent. For example, if the banner will see 100 people and will press only 5, it is considered a great response. This means your banner is made perfect. 2. If you are taking part for in order to then sell these shows, the pre-warn you that these shows can sell for pennies. To make good on this need to have your site visited by 500 people a day. And the banners do not need to put the smallest 88 * 31 and the largest, for they make more money. And if you turn your site into a gallery of advertising banners, it will lead to dire consequences. Here is for example the cost of buying 1,000 impressions banner size 468 * 60 in a popular banner network. The cost is only $ 0.05. But at least they have found is $ 3. Calculate is not difficult to earn at least $ 3 to show a huge banner on the site of some 60 000 times! But, as I mentioned above, there networks that specialize in flash banners. Here for shows such banner you will pay several times more. But again, it will take you to your dear guests. Because these are very attractive and banners beautiful. If your site is visited by 500 people a day, I do not recommend using this way of earnings. With this number of visitors you can earn on other more effective ways.

Web Search

Site Map: site map in a file which contains links to all pages that exist in our Web site, the main function of this map is visually guide the visitor on the structure and organization of the page, but besides this and the most important thing here is that when we discharge our Web site and a search engine robot incoming message to arrive at the map will follow all the links there are and this ensures that the engine must be aware of all the pages. Links to our site: another important factor that search engines take into account the sites are linked to ours, but not any more important or relevant are those in which their content is related to the north and that way of thinking search engine is if a site they have content and are an important topic and link to another page with related content means that this information is also important, so we must consider the search for relevant links to our website and either through exchange or placing items on another page or commenting on blogs. Content: Well so far we have seen some factors to take into account that our website is better positioned on the results of search engines but all this must be accompanied by a good content on our site, so we should not forget to give visitors an information-rich content, resources and services and always remembering to use within content words related to the search criteria that we want to find in search engines. I mean you let us see a small example if I want to write an article on "tables" to take into account that the content must include the word Bureau on several occasions, so ideal is that the word appears in the label table of words key, description, title and image. With this we are strengthening the whole page for that search. And last but not least we must be honest and avoid cheating to get better positions, I mean by this the use of elaborate pages only by keywords and redirect to the article known as "cloacking" which use any strategy to trick the search engines as it is sometime strategies fail and search engines can not punish.

Student Vocational Institutions

Today we consider the factors that have a negative impact on the financial stability of the enterprise. Certain parameters have shown inconsistency material structure, its low pay. Below presented the main points. First, the balance of the structure contains enough satisfactory structure, there is a reduction on many items, the most urgent obligations of the enterprise exceed considerably most liquid assets. Second, liquidity ratios, but the current liquidity ratio, within the statutory factors, but there is a tendency to reduce them by the end of 2005.

Apparent ‘weaknesses’ can be Inventory management real name or a slow liquidation of receivables. Yavna insufficient amount of cash. Third, the results of the study of economic stability markedly, that the company increases the percentage of loans, reduced the percentage of tools frequently used in asset costs and stocks can not be fully carried out the sources of formation. Fourth, the calculated assess the activity of a business determine what occurs in time the turnover growth of all indicators and reducing their speed. This indicates a slowdown in production and business activities of the organization, as well as insufficient funding.

Concluding of these allegations assert that the organization there is a risk that it will go bankrupt. The organizational aspect of management financial condition of the company is operational management of finances. This situation may be associated with delayed calculation of debtors on the debt, forgetfulness, an accountant, no payment schedule. In It is therefore necessary to introduce a system of daily reports (reports) which are intended for operational management of the financial condition of the enterprise. Privatization of enterprises carried out taking into account all these aspects should lead the company in a stable position, to teach employees to “live” the goals of his company, working to improve its efficiency. This method is most faithful to the author considers to display the company out of crisis.

Airlines Refinance

Aerolineas Argentinas signed a new agreement of debt refinancing expired for leased aircraft in previous dealings with the Wells Fargo Bank Northwest NA, which allows you to end the payment of rent for 9 aircraft deprogrammed and disables judicial claims for more than $74.6 million. As this restructuring company joins agreements concluded with twelve lessors, seven workshops for maintenance, four companies of reservations systems and three commercial airlines. The liabilities of the company – they pointed out – are now restructured almost in its entirety, which facilitates and makes more fluid relationship with suppliers and creditors. On the other hand, the intention of the Government sit on the directory of Siderar to the young activist in La Campora Axel Kicillof, Vice President of Aerolineas Argentinas flights, buoyed this week faded numbers on the airline. The Association came from the Minister of planning, Julio De Vido, pondered your curriculum having designed Business Plan the company, whose turnout in a few days Mariano Recalde and Juan Pablo Schiavi, President of airlines and Transportation Secretary, respectively, must be justified against the members of the Bicameral Committee on State reform and follow-up of privatizations. According to a note of Diego Cabot this week in the nation, the airline received subsidies, since the State took over in July 2008, by $6.122 million (slightly more than U$ S 1.500 million, with the dollar at 4 pesos).

This year Kicillof plan foresaw an absolutely manageable deficit of US $200 million, half of those required in 2010, commitment assumed Recalde in August of last year in Congress. However, just three months later, the forecasts for the current fiscal year amounted to US $550 million (US $ 126 million were already used in the first trimester). The excuse would be the increase in international petroleum, although this only represent airlines accounts about $90 million in the year according to La Nacion, confirming the advance of aviation News two weeks ago.


A working and successful development of the employees and managers conducted in Germany continuously in medium-sized and large companies at all? How is first ever to distinguish? These are the businesses with a working process in the development of their staff. You can only congratulate those companies. You are successful on the market, have a high binding of their employees, so little staff turnover, high rates of health, great employee motivation and thereby a high competitive advantage, especially in times of shortage, your investments will focus not only on the permanent new build expertise, but above all on the individual development of their employees. Turning to the enterprises, which have great potentials, so a more rough distinction arises here as well. So is there are many, particularly large companies that invest large sums in the development of their employees and executives.

Unfortunately, these sums are bad investments to none, noticeable improvement of employees and management situation lead real in the results. Why is it? Considering first the development of our employees, so the area must be considered on the one hand technical and on the other hand the area personal development. Often just big companies have their own areas for both types of training. It is common to observe that these areas have so independent, that the contracting authority within the company are perceived no longer as such. Qualification as a self-preservation of individual areas! This is usually because recognizable that professional qualifications with the cornucopia on many employees will be paid out. Through this kind of collective training, a lot of employees will be trained while, but often is questionable and is not clarified whether all employees need the qualification. Not to mention finding the lasting success of such measures. There are companies, since the client has neither the Way to determine the date for the qualification, nor the participating employees.

Bay Windows

Life in high-quality and exclusive luxury estate in Munich the rating of a specific real estate luxury real estate aimed their facilities and their location, with a lake or the sea, exclusive real estate are particularly popular. Many residents of luxury real estate are longing for peace and an undisturbed access to the water. Furthermore, old manor houses and castles are popular as well as protected monument spacious townhouses. A major feature of high-quality real estate is their uniqueness. High-quality real estate as an investment the potential tenant of luxury real estate is restricted due to demanding rent, alone so that between the initial offer of the living room for rent and the conclusion of the lease agreement usually passes a longer period.

Tenant ultimate life in exclusive real estate a permanent place to stay looking for in most cases however, so not already after a short time again the tenant search costs for the owner. At the same time go Residents of high-quality houses and apartments with an above-average care with the respective real estate to. Mietausfalle almost never occur in a rental of high-quality living to solvent tenants. Thus, luxury real estate is ideally suitable as a financial investment. That luxury real estate are often protected, hardly reduces the yield potential. The owner must vote while reconstruction with the Office, to the compensation he receives tax breaks and grants or subsidised loans but for his contribution to the preservation. Not just old buildings are protected monuments, but also high quality bungalows dating from the 1960s can get awarded this property, if they are typical and unusual in their respective places of the former construction.

The acquisition of luxury buildings in addition to the old and often listed real estate built luxury real estate found in German cities more than new buildings. The luxury of modern luxury residential units is expressed not only in spacious houses and condos, but also in a wide range of services. The concierge service of the corresponding luxury residential denied access not only unwanted visitors, but is also running errands and other services for the residents. Apartments in luxury apartment residences are mostly inhabited by the respective owners and are often in traffic-calmed city areas. In contrast to the luxury condo building let builders of luxury homes primarily in rural areas and on the outskirts of the city. What makes a real estate luxury real estate? Spacious rooms include the basic features of exclusive real estate as well as high-quality construction materials. In new buildings, builders increasingly value put on the installation of efficient heating and outstanding thermal insulation. Many luxury homes are surrounded by large park-like gardens. The luxury in the wellness area is becoming increasingly important. A private swimming pool is the luxurious new buildings Minimum standard represents, many builders have also a sauna. The Kunst am Bau plays only a minor role, however, for today built luxury buildings. While both country houses and townhouses of construction epochs characterized by artistically interesting decorations and Bay Windows, most architects also with exclusive real estate without today a such playful design, although this makes unique building to the art and the individual objects. End of luxury is already in the eye of the user of a property. Many people feel a bungalow with large glass surfaces as exceptionally beautiful, while other prospective buyers feel very observed in such a House.