“Making money is not the reason for being in business. It’s the by-product. When it becomes a reason for being in business, then everyone treats you as a transaction. The people who have the best perspective on money know that their money is on loan. People get in trouble when they think they own things.” ~Ken Blanchard~
Showing posts with label financial crisis. Show all posts
Showing posts with label financial crisis. Show all posts
Thursday, 16 October 2008
A day in history
Thursday, 25 September 2008
What's with the financial bail out's?
Then we ask the question as to how this current financial tsunami happened? How can big companies like AIG go bankrupt and need UD$85 bil bailout or how did the world's fourth largest investment bank, a 158 year old giant, Lehman Brothers end up with US$660 bil in debts?
So now when the other side of the world has a financial crisis and suddenly has to fork out a US$700 bil "bailout", what do we say?
I am of the opinion that we will always do this, first for self, family, company, community, country.
If this holds true, shouldn't we be focused on our situation first and shouldn't we be the ones taking responsibility and pride to ensure that the local stock market, financial sector and economy and even political stability be our priority?
What would your comments be I wonder?
Malaysia BOLEH...! or ?
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