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Muslim Academy

Urdu Language - 0 views

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    Urdu is not a basic language it is a derived language, actually it is the mixture of many other basic and derived languages like Arabic, Turkish, Persian and Hindi and even there are some words in Urdu which are borrowed from English. The term Urdu was derived from a Turkish word "Ordo", which means camp, army or group. The Urdu language was developed between the Muslim soldiers of the Mughals armies, these soldiers originally belonged to different civilizations and they were Turks, Arabs, Pathans, Persians, Rajputs, Jats, Afghans, Balochis and Punjabis. These soldiers lived together for many years of their lives to fight against their common enemy during which they used to interact with each other by communicating in their respective dialects, which gradually merged into each other and evolved into the present form of Urdu. It is due to this reason that Urdu was first known as "Lashkari Zaban" or the language of the army, which was later changed to "Urdu-e-Muallah" meaning the exalted army which was given by the great Shah Jahan, who was a Mughal Emperor. "Rekhta" meaning scattered was another name used for this language until the present name Urdu came into use.
David Corking

Bizbox by Slate - Credit Unions Face Major Setback By Marc Tracy - March 23, 2009 - 0 views

  • While the term "hedge fund" now is applied to firms that don't actually go short or otherwise hedge their investments, I still feel it is a disservice to imply that that is the nature of corporate credit unions. They are allowed to invest only in AAA and AA rated securities.
    • David Corking
       
      1st important correction
  • your statement makes it sound as if they have been bailed out with government dollars, which is not true. The NCUA and CU system is taking care of this problem with their own funds,
    • David Corking
       
      2nd important correction
  • As for the effect on CUs, large and small: Some CUs that are under-capitalized will also be placed into conservatorship by the NCUA. The most likely outcome of that action is for the CU to be merged into a larger one. And across the board, because of the fees that all CUs are being required to pay, CUs will have to do everything they can to save money.
    • David Corking
       
      Probably the consensus forecast.
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    Useful high profile article about business lending - but 3 important points in the comments.
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