Chef Giuseppe
”The Tuscan Cook” is a member of the Italian Chef’s Federation, the Italians Sommelier’s Association, Slow Food and the Academia Italiana Della Cucina. Giuseppe has devoted himself to the

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EuroDream Kitchens/Diamond Visions
….Cooking demonstrations
Johan & Polyne invite you into their kitchen
Saturday, January 23 @ 5:00-7:30pm
(Pima Crossing Center – 8670 E. Shea Blvd, Suite 101, Scottsdale.)
www.EuroDreamKitchens.com
Meet & greet Chef Giuseppe. He will share some cooking secrets
and the simplicity of Tuscan foods. He will talk about and
demonstrate the uses of olive oil, herbs, and pasta. He will give
wine pairing advice and leave you with recipes and menus that
can be re-created in your kitchen.
Light refreshments served.
Call TODAY for reservations, – $25/per person
Carmella 480-262-5220, Johan or Polyne 480-998-0244

All Checks payable to: Diamond Visions

Please join us for a Holiday Reception and Shopping Event!

Relax with friends, enjoy a glass of ONEHOPE Wine, munch on goodies and take care of your holiday shopping!

Our boutique will feature Silpada Jewelry, Mary Kay Cosmetics, Send Out Cards, ONEHOPE Wine and more! No malls, no lines, no endless internet searches — have fun while finding the perfect gifts for friends and family!

Wednesday, December 2
4:30pm – 7:00pm
Eurodream Kitchens
Pima Crossing Shopping Center
8670 East Shea Blvd (next to E&J Designer Shoes)

480-998-0244

Please RSVP by Monday, November 30th.

…. THE ECOMONY IS SO BAD THAT:

CEO’s are now playing miniature golf.

Jewish women are marrying for love.

Even people who had nothing to do with the Obama administration aren’t paying their taxes.

If the bank returns your check marked “Insufficient Funds,” you call them and ask if they meant you or them.

Hot Wheels and Matchbox stocks are trading higher than GM.

Obama met with small businesses to discuss the Stimulus Package: GE, Pfizer, and Citigroup.

McDonalds is selling the 1/4 ouncer.

Parents in Beverly Hills fired their nannies and learned their children’s names.

A truckload of Americans was caught sneaking into Mexico .

The most highly paid job now is jury duty.

Dick Cheney took his stockbroker hunting.

People in Africa are donating money to Americans.

Mothers in Ethiopia are telling their kids, “Finish your plate, do you know how many kids are starving in the US ?”

Motel Six won’t leave the light on anymore.

The Mafia is laying off judges.

Exxon-Mobil laid off 25 Congressmen.

And finally…

Congress says they are looking into this Bernard Madoff scandal.
Hey, neat:

The guy who made $50 billion disappear is being investigated by the people who made $750 billion disappear!

You’re Invited: August 19th
LinkedIn Live Phoenix Next Wednesday! Sponsorships available for $100.
http://events.linkedin.com/LinkedIn-Live-Phoenix/pub/104114
LinkedIn Live Phoenix
August 19th
5:30-8:30pm
Fiesta Inn Resort
2100 S Priest Drive
Tempe, AZ 85282

Come and join us for LinkedIn Live. Our goal is to connect as many people as possible and show them the power of LinkedIn. Networking, LinkedIn tips, and much more! This is a great way for you to network and build relationships with other LinkedIn users. Our last event we had 180 attendees.

There will be a cash bar and appetizers available.

Cost: $10 if you pre-register, $15 at the door.

Pre Register at http://www.phoenixsocialmediaevents.com

Sponsored By The CKME Group, The Ackerman Group, and EuroDream Kitchens & Design Gallery

Sponsorship opportunities are available.

http://events.linkedin.com/LinkedIn-Live-Phoenix/pub/104114

Global Money Market Update: The RBNZ Surprise

The big news in the overnight session was the Reserve Bank of New Zealand’s extremely dovish policy statement. Rather than acknowledging signs of a recovery and signaling potential rate hikes like its Australian counterpart, the RBNZ sternly admonished that the kiwi yield curve was too high and warned that rate cuts remained a possibility. The bank also indicated that NZD strength was a drag on exports and stressed that New Zealand’s soft commodity-based economy (those that are grown) is not benefiting from the rise in hard commodity prices (those that are mined/extracted). Otherwise, the major 3-month Libors all continued to decline.

As an aside, here is a graph that depicts the cumulative amount of Treasury, Agency, and MBS debt the Fed has purchased since December 2008. Notice a trend?

Here is a summary of the day-to-day changes in the global money markets:

US O/N LIBOR: .23000% vs. .22938% Wednesday
US 1M LIBOR: .28063% vs. .28500% Wednesday
US 3M LIBOR: .48313% vs. .48750% Wednesday
EUR 3M LIBOR: .87063% vs. .87875% Wednesday
GBP 3M LIBOR: .89000% vs. .89750% Wednesday
3M USD/OIS Spread: 28.41 vs. 29.25 Wednesday
3M EU/OIS Spread: 45.20 vs. 45.45 Wednesday
3M GBP/OIS Spread: 47.15 vs. 47.25 Wednesday
Effective Fed Funds: 16bps vs. 16bps Wednesday
TED: 30.76 vs. 30.59 Wednesday
DXY: 79.60 vs. 78.21 Wednesday
VIX: 25.61 (Wed.) vs. 25.07 (Tue.)
CVIX: 13.15 (Wed.) vs. 13.07 (Tue.)

——————————————————————————
Amegy Bank N.A.

Kenneth Hogan
Vice President
Corporate Foreign Exchange

Phone: +1 713 235 8896
Fax: +1 713 235 8817
Bloomberg: AMEG
e-mail: kenneth.hogan@amegybank.com

4400 Post Oak Parkway | Houston TX 77027
——————————————————————————
General Disclaimer:
If this message contains a report: opinions, estimates and projections in this report constitute the current judgment of the author as of the date of this report. They do not necessarily reflect the opinions of Amegy Bank and are subject to change without notice. Amegy Bank has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. Prices and availability of financial instruments also are subject to change without notice. This report is provided for informational purposes only. It is not to be construed as an offer to buy or sell or a solicitation of an offer to buy or sell any financial instruments or to participate in any particular trading strategy in any jurisdiction. Furthermore, past performance is not indicative of future results. If you would like to stop receiving this report, please reply to this message with the following in the subject line: Unsubscribe. Amegy Bank N.A., 4400 Post Oak Parkway, Houston, Texas 77027

“Messaging Security” made the following
annotations on 07/30/09, 07:04:40
——————————————————————————
CONFIDENTIALITY NOTICE:

The information contained in this ELECTRONIC MAIL transmission is confidential. It may also be privileged work product or proprietary information. This information is intended for the exclusive use of the addressee(s). If you are not the intended recipient, please inform us. Any unauthorized, disclosure, dissemination, distribution [other than to the addressee(s)], copying or taking of any action because of this information is strictly prohibited. As we cannot guarantee the genuineness or completeness of the information contained in this message, the content set forth herein are not legally binding.
IRS Circular 230 Disclosure:

Amegy Bank N.A. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. federal tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or tax-related matter[s].

==============================================================================

Today the interbank cost of borrowing US dollars for 3-months fell below 50 basis points for the first time in recorded BBA history. Accordingly, many economists have concluded that the strategies employed by global central banks over the last two years are working and that the systemic risks that existed post-Lehman are now gone. Although a bit thawed, it is clear that the credit markets have not yet returned to normal. Given that USD Libor is still roughly 30 bps above the Fed Funds rate, it appears that parity may be achieved well before year-end. Does this mean that Libor will continue to fall until Fed Funds parity is met or is USD Libor in a terminal decline?

Here is where global banks actually borrowed 3-month US dollars versus the BBA’s .49625%:

Australian Bank: .28%; UK Bank: .32%; UK Bank: .44%; Japanese Bank: .55%; Swedish Bank: .65%; Belgian Bank .80%

Here is a summary of the day-to-day changes in the global money markets:

US O/N LIBOR: .22688% vs. .22313% Friday
US 1M LIBOR: .28750% vs. .28500% Friday
US 3M LIBOR: .49625% vs. .50188% Friday
EUR 3M LIBOR: .89188% vs. .89875% Friday
GBP 3M LIBOR: .91438% vs. .92463% Friday
3M USD/OIS Spread: 30.33 vs. 30.09 Friday
3M EU/OIS Spread: 46.90 vs. 47.45 Friday
3M GBP/OIS Spread: 49.49 vs. 49.76 Friday
Effective Fed Funds: 16 vs. 15bps Friday
TED: 31.57 vs. 31.93 Friday
DXY: 78.42 vs. 78.65 Friday
VIX: 23.09 (Fri.) vs. 23.43 (Thurs.)
CVIX: 13.10 (Fri.) vs. 13.41 (Thurs.)

——————————————————————————
Amegy Bank N.A.

Kenneth Hogan
Vice President
Corporate Foreign Exchange

Phone: +1 713 235 8896
Fax: +1 713 235 8817
Bloomberg: AMEG
e-mail: kenneth.hogan@amegybank.com

4400 Post Oak Parkway | Houston TX 77027
——————————————————————————
General Disclaimer:
If this message contains a report: opinions, estimates and projections in this report constitute the current judgment of the author as of the date of this report. They do not necessarily reflect the opinions of Amegy Bank and are subject to change without notice. Amegy Bank has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. Prices and availability of financial instruments also are subject to change without notice. This report is provided for informational purposes only. It is not to be construed as an offer to buy or sell or a solicitation of an offer to buy or sell any financial instruments or to participate in any particular trading strategy in any jurisdiction. Furthermore, past performance is not indicative of future results. If you would like to stop receiving this report, please reply to this message with the following in the subject line: Unsubscribe. Amegy Bank N.A., 4400 Post Oak Parkway, Houston, Texas 77027

“Messaging Security” made the following
annotations on 07/27/09, 06:49:49
——————————————————————————
CONFIDENTIALITY NOTICE:

The information contained in this ELECTRONIC MAIL transmission is confidential. It may also be privileged work product or proprietary information. This information is intended for the exclusive use of the addressee(s). If you are not the intended recipient, please inform us. Any unauthorized, disclosure, dissemination, distribution [other than to the addressee(s)], copying or taking of any action because of this information is strictly prohibited. As we cannot guarantee the genuineness or completeness of the information contained in this message, the content set forth herein are not legally binding.
IRS Circular 230 Disclosure:

Amegy Bank N.A. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. federal tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or tax-related matter[s].

==============================================================================

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8670 E Shea Blvd. #101 Scottsdale AZ. 85260

480-998-0244

www.eurodreamkitchens.com

www.eurodreamkitchens.com.blog

I met with the organizer of this project last week. I was very impressed & I believe that it can have a very positive impact on our overall economy. Please check it out for yourself & forward this to your friends & neighbors. Let’s get the economy rolling again!!

SOLUTION

The 4/40 for FreedomTM loan (40-year amortization @ 4% interest) is a newly proposed U.S. Government loan program that offers new and existing homeowners an opportunity to reduce their monthly payments by 33-38%. The monthly savings will solve the housing problem and jump-start the economy immediately. The 4/40 for Freedom proposed loan program will provide positive benefits to:HOMEOWNERBANKING & ECONOMY(Click for brief summary)

Please visit www.4-40forfreedom.com For more details!!

THX & God Bless.