"Lack of payment of Greece is out of question," has dealt the president of the European Central Bank Jean-Claude Trichet at a press conference Thursday. On the markets, interest rates on debt Greek record highs, more than 7.5% on 10 year bonds. Investors are worried about default risk in Greece and seek to test the limits from which a European rescue plan would be triggered.

Jean-Claude Trichet, for his part described the plan for "functional", welcoming the statements of Heads of State. "No one should take lightly the decision taken by all Heads of State and Government of the euro area," he said. "It's a very, very, serious commitment.(…) I will not comment on the interpretations that has made the market. "

What conditions are necessary for entry into force of the European aid, has been asked the president of the ECB? "Activation of European loans for Greece is a Greek government's decision itself," he replied, refusing to specify what are the conditions which would involve launching a plan to help no teletrack payday loan. "If assistance is requested, we will see how the response will be organized. But the ECB will be very vigilant in ensuring that member states endorse the most of their responsibilities. "

In all cases, the European plan as designed is not a subsidy free Greece, emphasized essentially the chairman of the ECB."The rate of interest [that is claimed to Greece by the member states] should at least reflect the cost of refinancing of European states", he added.

On the question of the involvement of the International Monetary Fund (IMF) in the aid plan, which the ECB appeared opposite Jean-Claude Trichet has rounded corners. "We would not have been satisfied if the IMF would intervene only" and if member states were exempt from their responsibilities, "he said.

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"Greece: the market is testing the patience of Europe

"Greece:" The market is disconnected from reality "

"SPECIAL CASE – Greece, a challenge for Europe

The support of the U.S. central bank was not enough. Despite the fact that the Fed has confirmed the continued low interest rates, the Dow Jones closed down 0.04%, while the Nasdaq gained 0.30%.

The Fed keeps rates

After the good news on the U.S. employment front, Friday's announcement of keeping rates low is another positive news for the U.S. economy.

Apple announced it had sold more than 300,000 iPad Saturday for the first day of marketing. This figure included the taking of orders. Analysts had forecast sales of between 250,000 and 350,000 units over the entire weekend.Following this announcement, several analysts raised their price target on Apple (0.44% to 239.50 dollars).

The companies that provide components for the digital pad Apple could also benefit from the craze for iPad if it is confirmed. This concerns in particular Samsung Electronics (4.09% to U.S. $ 256), Broadcom (-0.66% to 34.40 dollars) or Texas Instruments (-1.34% 25.05 dollars).

The Wall Street Journal, the U.S. software giant Microsoft (+0.17% to 29.32 dollars) plans to unveil a new range of mobile phones next week, with features of socialization designed to attract young consumers.

To restore relations sometimes unbalanced between contractors and subcontractors, Nicolas Sarkozy had announced in early March, as part of the States-General of Industry, he would appoint a mediator outsourcing, reporting to the Minister Industry. The latter, Christian Estrosi, Mardin morning announce that Jean-Claude Volot was chosen for this position. Former contractor at the head of the group Dedienne, and former Chairman of the Agency for start-ups (PACE), Jean-Claude Vollot was already delegated to the Ombudsman of the credit for industrial strategy.

"Defending the money effectively and the interests of American taxpayers." That is what the U.S. Treasury Department wanted exercising "its right to appoint two directors to the board of directors of the insurer American International Group (AIG). Thus, Donald Layton and Ronald Rittenmeyer joined the group.

According to Treasury, these two newcomers "will contribute significantly to what AIG Debt Reduction, to divest itself of its so-called risky activities and reimburse the taxpayers," commented Herbert Allison, the Assistant Secretary for Financial Stability.

Donald Layton has held the position of CEO including E * Trade Financial Corporation and worked for 29 years at JP Morgan Chase (until 2004).Ronald Rittenmeyer himself has chaired and directed Dating Electronic Systems, a technology services company that was sold to Hewlett-Packard in August 2008.

For the U.S. Treasury Department, the appointments are "right" puisqu'AIG breached its duty to pay dividends on preferred shares held by the State. And for four quarters.

A rescue that has cost too much

The insurer had in fact been rescued from the brink of bankruptcy in September 2008 by the American central bank (Fed). Moreover, officials of the support plan that was put in place for the U.S. insurance group felt that excessive funding were paid cash loans Guaranteed approval ".

Directed by Neil Barofsky, the Special Inspector General to oversee the use of 700 billion dollars of public funds used in the heart of the crisis (or 468 billion euros), a report overwhelms including Timothy Geithner, the current Treasury secretary U.S. and chairman of the Federal Reserve of New York at the material time.

The rescue of AIG will ultimately cost about 180 billion (120.4 billion euros).

Disposals to repay

With the sale of Alico to MetLife for $ 15.5 billion, and after the agreement to sell its Asian branch of life insurance, American International Assurance, to $ 35.5 billion to the group Prudential, AIG will go to the New York Fed's $ 32 billion in cash in the coming months, if both operations are packed as expected by the end of 2010, the Wall Sreet Journal highlighted recently.

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At 85, Jacques Dessange finally hangs up the scissors. Even if no cap over himself for over forty years, founder announced yesterday the sale of 21.6% stake in his company that he still had the financial OFI Private Equity Capital. The French-listed fund (also a shareholder of the restaurant chain Leon de Bruxelles) had already taken 65% share in mid-2008. The transaction is based on a valuation of Dessange International 80 million euros.

Dethroned recently by the Franck Provost group which took over the networks of Jean-Louis David, Dessange has pioneered the development of hair salons free. It has more than 1,000 shows in France and abroad (40%), under its brands Jacques Dessange, Camille Albane and Fr?d?ric Moreno.The set weighs a business volume of more than 700 million euros.

Royalties paid back by franchisees to the parent (about 5% of revenues) and sales of hair products (especially via a partnership with L'Oreal in supermarkets) are a direct turnover of 53 million euros for Dessange International, with a return close to 20%. OFI wish within five years to double the size of the company, including developing the network in France, the United States and Asia. "China is one of our priorities," says its president Olivier Millet. It also has double the sales of products.

Jane Fonda and Sheila

The adventure began in 1954, when Jacques Dessange, hairdresser's son born in Sologne, created his first salon in Paris. With his first wife, Brigitte Bardot officer, he conquers Famous faces such as Martine Carol, Jane Fonda or Sheila.In 1975, a hairdresser from Havre, Michel Cauvin, suggested that his "rent" its name. This is the beginning of the great adventure of the franchise. Dessange is a businessman, set up training, procedures, style (the tousled-headed), color (blond) standard. In the years 1990 and 2000, he launched two other signs of entry and midrange, Frederic Moreno and Camille Albane, he developed the makeup, care, hair care products. "Mr. Dessange has both succeeded in creating a very fine company and ensure the transmission and continuity," said Olivier Millet. Founder's son, Benjamin Dessange retains his position as chairman.