98 USZ banks going bankrupt

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Around one hundred USZ banks which had been rescued by the federal government are facing the prospect of bankruptcy once again, a study finds. A total of 98 unsteady banks that were bailed out by Washington authorities received more than $4.2 billion from the Treasury Department under the Troubled Asset Relief Program (TARP), a recent analysis of federal data by the Wall Street Journal reveals. According to the study, TARP was originally created in the middle of the US financial crisis to help only healthy banks. Seven TARP recipients have already failed, resulting in more than $2.7 billion in lost TARP funds. Most of the troubled TARP recipients are small, plagued by unregulated lending programs from which they might not recover.

The average size of the 98 banks was $439 million in assets as of Sept. 30. The median TARP infusion for each was $10 million, the study shows, citing federal filings. The journal calculations also demonstrate that 814 of the country's 7,760 banks and savings institutions are troubled at the end of America's third-quarter financial period, which is up from 729 at the end of the second quarter. However, figures from the Federal Deposit Insurance Corporation (FDIC) have identified 860 financial institutions as problematic. The banks have not been publicly identified. In October, the Government Accountability Office said 78 banks on the FDIC's troubled-bank list as of June 30 were TARP recipients, up from 47 at the end of 2009. Dozens of TARP banks were "marginal institutions" that were financially weaker than other recipients and should have gotten more scrutiny before receiving taxpayer-funded infusions, the Government Accountability Office said.

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Pakistan Cyber Force

"Iran is now a Nuclear State": Ahmadinejad

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Reports from Iran say that Iranian President Mahmoud Ahmadinejad has downplayed sanction resolutions against the Islamic Republic, saying Iran has now become a nuclear country. The United States of Zionism and its allies have been exerting political and propaganda pressure and have issued resolutions against the Iranian nation. All their efforts have failed and Iran has now become a nuclear country, President Ahmadinejad said the in an address to the people of the northern city of Karaj on Tuesday. The Iranian chief executive further added that world powers have two options in dealing with the Iranian nation, saying they can either go ahead with their previous path of issuing sanctions against the Islamic Republic or interact with the Islamic Republic.

Iranian President Mahmoud Ahmadinejad

"The result of the first approach is already clear. It is not the right way", he noted. The Iranian president emphasized that cooperation and not confrontation is the only way to resolve Iran's nuclear energy program. He also pointed out that Western powers should cooperate with the Islamic Republic and recognize the right of the Iranian nation. President Ahmadinejad stressed the importance of recognizing the rights of the Iranian nation to pave the way for cooperation. "We are open to cooperation based on our rights", he went on to say.

"They cannot give back the nuclear energy from the Iranian nation at the present that Iran has become a nuclear country", he said. President Ahmadinejad also warned Western countries that Iran would give a "regretting" response to anyone who "intends to prevent the Iranian nation from achieving its rights". The Iranian chief executive also dismissed the sanctions resolutions passed by the United Nations against Iran as "illegal" and added that sanctions would only "strengthen the Iranian nation and accelerate the pace of our progress."

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Pakistan Cyber Force

EOP{Zaid Hamid: Adab-e-Rasul Aur Ishq-e-Rasul(S.A.W)}

This video focused on Adab-e-Rasul & Ishq-e-Rasul..
Dedicated to all those who wants to be a "Billionaire" Iqbal ka Shaheen..

as Iqbal says:
Mimmar e Haram baz ba Tamir e jahan Khaiz
Az Khuab e Garaan Khuab e garaan Kuab e Garaan Khaiz..

first step for Tarbiyah is Adab (Respect)
compiling few beautiful words from Mr. Zaid Hamid's lecture on Adab-e-Rasul saww and Ishq-e-Rasul saww..
Adab Hai Pahla Karina Muhabat k Karino Main!!!

EOP{Navy successfully test fires surface-to-air missile}

KARACHI: Pakistan Navy on Monday successfully test fired surface-to-air missile in the Sonmiani area, near Karachi.

A handout picture released by Pakistani Navy on 12 March 2010 shows test fire of missiles from a Navy ship, in Arabian Sea. PHOTO: EPA

According to the Inter Services Public Relations (ISPR), Naval Chief Admiral Noman Bashir observed the missile experiment. The missile successfully hit its target in the air.
The ISPR revealed that the new missile will further strengthen the defence of Pakistan in the sea.
The Naval chief congratulated Navy officials and soldiers and vowed to defend the country in all circumstances.
Earlier last week, the Army Strategic Force command’s strategic missile group successfully test fired Ghauri Hatf V, a medium-range ballistic missile capable of carrying nuclear and conventional warheads.
Source:
http://www.pakistankakhudahafiz.com/2010/12/27/navy-successfully-test-fires-surface-to-air-missile/

EOP{ZAID HAMID Legends Of Afghan Jihad! War Stories From a Lost Era Episode 1 }

Episode 1 Al-Jihad . December 27th 1979 is the day when Soviet Union invaded Afghanistan and then begins one of the most heroic resistance in Muslim history. 24 years ago, a young man from Karachi, decided to join the resistance and travelled in those romantic ...times when history was being written, destinies were being carved and an empire was being buried in the gorges of Afghanistan. For the first time, BrassTacks bring you the original videos first time in the history.