Blizzard Pummels DC Metro

“There is time for everything”
WASHINGTON DC - It has been snowing continuously in the DC Metro area over the last 10 days.  BH’s photojournalist TFLASH took some pictures during the blizzard for your viewing and enjoyment.
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Martin Luther King Day 2010

WASHINGTON DC - January 18, 2010 - Today  is Martin Luther King Day and we are proud to bring you the text of the speech he made to a civil rights rally on the National Mall in Washington in 1963.
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I am happy to join with you today in what will go down in history as [...]

Happy New Year!!!

Dear friends, it is a new day and it is a new year.    It is the beginning of a new dawn and in 2010 Black Herald wishes you all the best that the new year can bring..more joy, more happiness, more money, good health etc.  2009 was a good year but 2010 is even going [...]

Tupac’s Song “Changes” Selected for Vatican Playlist.

“Take the evil out of the people and they will be acting right because both blacks & whites are smoking crack tonight” - Tupac Amaru Shakur in one of his songs - Changes.
“Instead of war on poverty, they gat war on drugz so that the police can bother me” - Tupac Amaru Shakur in one [...]

Meadowlark Gardens Virginia (Short Video Clip)

“The optimist proclaims that we live in the best of all possible worlds, and the pessimist fears this is true” - James Branch Cabell.
WASHINGTON DC - JULY 5, 2009 - In case you have never been to the Meadowlark Gardens in Vienna, VA, our photojournalist TFLASH went to the park last weekend and put together [...]


Adebayo Ogunlesi (Nigerian) Buys Gatwick Airport

The man set to become the new owner of Gatwick Airport, tells Sky News how he is going to shake-up Britain’s airport business. In an exclusive interview with Jeff Randall, Adebayo Ogunlesi, chairman of Global Infrastructure Partners, said he is going “to make Gatwick a truly first class experience”.
However he cautioned it would take [...]

FAS 133 for Dummies - Accounting for Equity Swaps (Part II)

“There are two types of people in this world -  the taker and the taken.  The taker who takes the most is the richest. “ - P. Diddy in the ABC Drama, A Raisin in the Sun.
NEWENTRY llc entered into a 2 year fixed-rate equity swap as follows:

The aim of this exercise is to illustrate [...]

Winners of the African Banker Awards 2009 announced

LONDON, UNITED KINGDON - October 6, 2009 - Africa’s top bankers, ministers of finance, governors of central banks and industry leaders came together on the 6th of October at the Four Seasons Hotel in Istanbul, Turkey, to recognize the continent’s successes in banking at an unforgettable awards ceremony and gala dinner.
Bankers from Nigeria, Morocco, Kenya, [...]

FAS 133 - Accounting For Equity Swap

“Until lions have their historians, tales of the hunt shall always glorify the hunter” - African Proverb

See FAS 133 for Dummies - Accounting for Equity Swaps Part 2 is now available.
WILDHORSES PENSION FUND holds an equity portfolio of $350,000,000 that mirrors the Dow Jones Industrial Index.   Concerned that interest rate may rise in the near [...]

FAS 133 for Dummies - Accounting for Cash Flow Hedges

“We are limited, not by our abilities, but by our vision.” - Anonymous.

GoldPeckers Incorporated is a manufacturer of golden jewelries based in the US of A.  To meet its production needs, GoldPeckers regularly source its raw materials (mostly Gold) from Ashanti Gold in Ghana West Africa.  Because of the increasing popularity of Gold as an [...]


Inaugurating Hope and Pausing for Nightmares

As a human being, it is hard not to feel excited about the events of this week.  As a black person, it is impossible not to feel giddy and light-headed with a thousand iconic images streaming out of Washington, DC.  Beginning with an improbable journey on the steps of the Old Capitol in Springfield, Illinois [...]

African Entrepreneurs Series - Bob Agbede

Robert O. Agbede is the President and CEO of Chester Engineers, a leading national water and waste water engineering and scientific research firm. Mr. Agbede, after 15 years as the founder, President and CEO of Advanced Technology Systems, Inc. (ATS Group), became the leader of the largest African-American owned municipal engineering services firm in the [...]

Aliko Dangote (Nigerian) is the Richest Black Man in the World.

CLICK HERE TO READ ABOUT THE RICHEST BLACK PEOPLE IN 2009
Alhaji Aliko Dangote emerged the 334th richest man in the world based on the recently released 2008 Forbes Magazine list of richest men in the world, making him the richest black person.  A Nigerian, he hit the jackpot when his sugar-production company listed on the Nigerian [...]

Top 25 Under 25 (Africans) - Deborah Umunnabuike, 23 and Jessica Ummnnabuike, 21

“I’m looking to learn how to create a more socially responsible business,” says Deborah Umunnabuike, a political science major at the University of Chicago and co-founder of Avant Gaudy, an online vintage clothing shop she started with her sister, Jessica, an undergraduate at Hofstra University, in the summer of 2005. The daughters of Nigerian immigrants [...]

Top 25 Under 25 (Africans) - Ubong Attah, 23

Ubong Attah describes herself as a serial entrepreneur. She ran a tutoring business in high school, taught herself Web design in college, then started a Web design firm her senior year called Studio10Fourteen, which she says is profitable and continues to operate. Ubong recently sold another business, an online jewelry shop, for around $55,000. She [...]