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Compliance of CPE Credit Hours for the Calender Year 2008

Compliance of CPE Credit Hours for the Calender Year 2008 - (20-12-2008)Important Announcement for Members holding Certificate of Practice (COP) with regard to Compliance of CPE hours requirements for the Calendar Year 2008We would like to inform you that the Council at its 283rd Meeting held on 18th – 20th December 2008 noted the following CPE hours requirements for the members holding Certificate of Practice (COP):Members holding Certificate of Practice (except those members who are residing abroad and senior members), unless exempted are required to:complete at least 90 CPE credit hours in each rolling three year period starting from the calendar year 2008, of which 60 CPE credit hours should be of structured learning. complete minimum 20 CPE credit hours of structured learning in each year. The Council advised all the Members holding Certificate of Practice (COP), who have not so far completed the minimum 20 Structured CPE credit hours, to complete the same by 31st December, 2008…

Why Lehman Bros went bust; what it means for you......

Why Lehman Bros went bust; what it means for you
September 16, 2008



Lehman Brothers is no more. Merrill Lynch has gone down the Bank of America maw. AIG too could go belly up. With a doubt, these developments in America are the most shocking events to have hit global financial markets. So where did it all begin? And what does it mean for the Indian stock markets? Find out. . . What is (or was) Lehman Brothers? America's fourth-largest investment bank Lehman Brothers Holdings Inc has filed the biggest bankruptcy petition known to mankind. The 158-year-old firm was founded by brothers Henry, Emanuel and Mayer Lehman, Jewish immigrants to the US from Germany, in 1850. Henry set up a general store in Alabama in 1844 and was later joined by his brothers. In 1850 they set up the merchant bank in New York after having made money in railway bonds. So what went wrong?

Image: The headquarters of the investment bank Lehman Brothers in Manhattan in New York C

Lehman Bros, which till June 2008 had…