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VanEck Semiconductor ETF V.SMH


Primary Symbol: SMH

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Listed Semiconductor 25 Index.


NDAQ:SMH - Post by User

Post by Marcus_Ciceroon May 09, 2010 3:01pm
333 Views
Post# 17078932

NEWS.

NEWS.This is an excerpt of an editorial.

Mr Lumumba’s deals (Staboek News) 26 April 2010


As to the deal that Mr Lumumba and his business partner were able tostrike with Shoreham Resources Inc of Canada for the Mariwa concession,Stabroek News has gone on record as denouncing it and calling for it tobe cancelled. President Jagdeo had no locus standi in intervening onbehalf of Messrs Lumumba and Walrond and this intervention is redolentof exactly the type of behaviour that hallmarked the worst of PNCgovernance. Mr Lumumba as an advisor to the president, member of cabinetand MP should have been debarred from this deal and the Presidentshould have had no part in it.

The bottom line is that Mr Lumumba is a member of President Jagdeo’sfavoured circle, has benefited from flawed decision-making by theadministration and has escaped any sanctions whatsoever. The fable thatthe PPP/C government holds all and sundry accountable and turned itsback on the worst excesses of the PNC has long been exposed.

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