MADRID, April 25 (Reuters) – Spanish constructor ACS(ACS.MC) has won a 171 million euro contract to enlarge Madrid’sAtocha train station, Cinco Dias reported on Saturday withoutciting a source No one was availible at ACS to comment on the report. ACS’s Dragados and Tecsa units have 20 months to completethe contract to construct a new platform and arrivals hall atthe station as well as adapting four conventional train lines atthe station to serve high speed trains, Cinco Dias said. The contract is the first stage in the enlargement of Atochastation and a further 340 million euros of constructioncontracts are expected to be awarded in subsequent stages of theproject (Reporting by Jonathan Gleave, editing by Mike Peacock). IRAN STATEMENT REGARDING U.S. RESPONSIBILITY FOR RECENT IRAQ VIOLENCE ‘DISAPPOINTING’-CLINTON.
Game Five: Boston Celtics vs. ummm…..The Boston Celtics showed up ready to play. Against who, I couldn't tell you.Don't get me wrong, I was at the game. I just didn't even realize there was another team out there. Sure I noticed individuals… Josh Smith (a nobody on a weak team) risking injury to one of the league's finest point guards (Rajon Rondo), Al Horford flexing hisbicep and staring at it after making a “clutch” play (to bring his team within just 18 points with about 4 minutes left in the game), Zaza-whatever-her-name-is actually crying… yes, crying as she walked into the tunnel after the game, and who could forget the three players from the other team with whistles who called countless non-fouls and questionable defensive three-second calls against the Celtics. After a couple unfocused games, the Boston Celtics are back playing championship-caliber basketball and look ready to absolutelyembarrass that other team when they travel to wherever for Game Six. And yes, I'm ready for all of the complaints that will be sent my way from fans of that other team the Celtics played last night. I don't respect them… it's unfair that I call Zaza a chick (even though she is a little bitch)…
or I should focus my distaste against a “better team”.All I have to say to that is:1) It's not my fault your J.V. squad made the NBA playoffs, blame Commissioner Stern, not me. 2) You're right, I don't respect your squad. 3) Yes, it IS unfair that I call Zaza a chick (what have women ever done to deserve such an insult?).4) Finally, you don't have to worry, I'm ready to focus my distaste against a better team…Let's finish Game Six fast so I can watch some playoff basketball. Warning: This piece is the author's attempt at humor. Any and all Atlanta Hawks may (and probably should) be offended by this article. Attempts to take my comments seriously will result in hurt feelings, realizations that the Hawks' season is over, and Zaza-esque crocodile tears. . FRANKFURT, April 25 (Reuters) – A tally compiled byregulators of 816 billion euros ($1,075 billion) in risky assetsheld by German banks, reported in German media, was described byregulators and the government as inaccurate. German daily Sueddeutsche Zeitung published on Saturday acompilation of assets held by some of the country’s largestfinancial institutions in “problematic fields of business”. Germany’s financial watchdog BaFin, which had compiled thelist, said it would press criminal charges against unknownpeople who leaked “highly confidential” documents, adding thatthe published numbers were potentially misleading. The estimates come as Germany works on a plan to launch a”bad bank” to take hundreds of billions of euros in troubledbank investments and loans under the wing of the state.
The scheme is designed to relieve stretched bank balancesheets and jumpstart stagnant lending to businesses. The document, which was also reported by the magazine DerSpiegel, identified Hypo Real Estate HRXG.DE — which is aboutto be nationalised — Commerzbank (CBKG.DE) and HSH Nordbank[HSH.UL] as the lenders with the biggest exposure. BaFin told Reuters that the reported figures did not presentan accurate and current picture of the situation for toxicassets in Germany. “The figures for individual banks in the table cannot bedirectly compared with one another Such estimates areconstantly changing It is a work in progress,” a spokeswomanfor BaFin said.
The watchdog described the list as a conglomeration of toxicassets, other loans and investments earmarked for disposalbecause they were no longer deemed by banks as part of theircore business. In addition, the tally did not take into account collateraland risk-reduction measures taken by banks, the BaFinspokeswoman said. German Finance Minister Peer Steinbrueck told Reuters thelist painted a biased picture and did not allow for conclusionsabout the state of the German banking industry. The head of Germany’s central bank, Axel Weber, also warnedagainst misinterpreting the numbers. The following is a list of the banks named by SueddeutscheZeitung, their reported exposure to risky assets and theircomments on the matter: Hypo Real Estate HRXG.DE: 268 billion euros The bankwould not comment on the figure Commerzbank (CBKG.DE): 101 billion euros. A spokeswoman forthe bank said Commerzbank did not know how the figures werecompiled and by whom HSH Nordbank [HSH.UL]: 105 billion euros. A HSH spokeswomansaid the bank had no idea how the figure was calculated.
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