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Bailout Latest News Senate to vote Wednesday – CNN

How will this bailout and on-going economic uncertainty affect continued investment and funding for Virtual Worlds ?

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Bailout: Senate to vote Wednesday

The bailout package adds new provisions – including raising the FDIC insurance cap. Democratic sources tell CNN that they expect bipartisan support.

NEW YORK (CNNMoney.com) — The Senate plans to vote on the $700 billion bank rescue plan Wednesday evening – two days after the House failed to pass it.

The bill adds new provisions – including raising the FDIC insurance cap to $250,000 from $100,000 – and will be attached to an existing revenue bill that the House also rejected Monday, according to several Democratic leadership aides.

The vote is scheduled for after sundown, in observance of Rosh Hashanah. Republican presidential nominee John McCain and Democratic nominee Barack Obama and his running mate Joe Biden confirmed that they would be present for the vote.

Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., announced the plan Tuesday.

“Senate Democrats and Republicans believe it is essential that we work quickly on this important legislation to restore confidence to our financial system and strengthen the economy,” Reid said in a statement.

White House spokesman Tony Fratto said the administration welcomes the “modified bill” and the scheduled vote.

Democratic sources told CNN that they expect bipartisan support.

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Transforming NTUC Income Singapore – itsReal

A recent full page ad in a main local Singapore Newspaper – heralded the following Headline –

We can’t tell you what your job responsibilities will be, because we’re transforming just about everything…

It then went on to say – Interested in shaking things up? NTUC Income is transforming itself, so we’re aggressively recruiting the best and the brightest in People, Asset and Risk Management, Finance and Actuarial. Health and Medical, General Insurance, Customer Engagement and Technology at senior levels. We are Singapore’s largest social enterprise in pursuit pf commercial leadership, holding the trust of nearly 2 million people. But enough about us, we’d like to hear about you….

WOW – I know myself when doing recruiting it can be hard working out the job roles and responsibilities BUT with a company like NTUC Income and the desire to TRANSFORM (hmm Transformers 2 is coming) they do actually know what they are looking for – if you want to see the jobs on offer visit recruit.net singapore for details.

Congrats to NTUC Income’s Agency for creating engaging content to assist NTUC in its’ pursuit to transform via recruitment!

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