Recent crisis has aggravated many things and resulted in plants closure and lay offs. However , it has come to our attention that in france, french workers and union apparently ‘prevented’ their boss from leaving the negotiation grounds. So as to extract concession and favourable terms. More »
Tags: bossnap, france
Within the past week, the world witnessed shocking drama on Wall Street.
Lehman Brothers filed for bankruptcy, aged 150.
Merrill Lynch sold itself to Bank of America at the age of 94.
As both events occurred on Monday, AIG seemed near to collapse under financial pressure.
No one must have envisaged one day that these banking giants would fail and one of the world’s largest insurance corporation on the verge of bankruptcy. Not until the collapse of Bear Stearns. Banks worldwide have suffered more than $500 billion of write-downs and loan losses since the global credit crisis began more than a year ago.
Tags: AIG, economy crisis, global financial crisis, Lehman Brothers, Merrill Lynch, subprime mortgage crisisThe newest show on Mediacorp Channel 5 aims to provide insights into the thoughts of Singaporeans living overseas and the reasons why they choose to do so.
Filmed entirely outside Singapore, the new anthology will be screened on Channel 5 starting this Sunday. Locations for filming include Budapest, London, Christchurch etc. A peek into the lives and feelings of Singaporeans living in these countries will be captured in this new anthology.
Hold on…Is there an Agenda? Is this Propoganda? How unbiased will the show be?
Afterall, mediacorp which is a Singapore based company will be under pressure from the relavent government authorities not to publish/film a program which encourages people to migrate overseas. It is called the ‘Brain Drain’. The main agenda of the show would be to pull on Singaporeans’ heartstrings, More »
Malaysia in Turmoil.
Last Sunday, Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim proposed to allow Universiti Teknologi Mara (UiTM) to be opened to non-Bumiputeras. He proposed that 10% of new student intakes be reserved for foreign students and non-bumis. UiTM has traditionally been set up as a public funded university for ONLY Bumiputeras.
Abdul Khalid has subsequently been barraged by various powerful groups including Prime Minister Abdullah Ahmad Badawi, UiTM’s vice-chancellor Professor Datuk Seri Ibrahim Abu Shah, Minister Datuk Seri Dr Ahmad Zahid Hamidi & more than 5000 UiTM students.
Tags: abdul khalid, abdullah badawi, abu shah, Bumiputera, Bumis, luqmann, Malaysia, Menteri Besar, orang asli, racial bias, turmoil, UiTM, zahid hamidi
Alot of us have read about the on-going hyperinflation in Zimbabwe.
But how much do we actually know about it’s origin.? How this scary hyper inflation was born?
Recently, the Zimbabwe’s government has dropped some zeros from the currency, making it much more manageable. However this isn’t going to solve the problem.
Tags: economics, economy, economy crisis, inflation, Zimbabwe
Randy Pausch (23 Oct 1960 - 25 July 2008)
~Summer 2006~
It first came with unexplained pain in his upper abdomen. Jaundice set in subsequently. Hepatitis? No. Randy Pausch was diagnosed with pancreatic cancer. After enduring an ‘extremely toxic regimen of chemotherapy and radiation’, having tumours, his gallbladder, a third of his pancreas, a third of his stomach and several feet of small intestine removed, Randy Pausch thought he had beaten Pancreatic Cancer. Randy’s doctors gave the all clear sign, after all CT scans signaled that the cancer had disappeared, but it was not to be.
~August 2007~
Imagine waking up to the possibility of having only 12 months to live…sitting in the grim hospital examining room, that was what Randy Pausch and his wife Jai experienced. Flashing on the screen were CT scans of Randy’s liver…and the tumours in them. 10 in total. 10! The initial pancreatic cancer had metastasized into his liver. More »
Tags: carnegie, carnegie mellon, randy pausch, the last lecture
Another successful addition to the range of financial books written by Robert T. Kiyosaki together with Sharon L. Lechter, Who Took My Money is a worthy read. It is divided into 2 main parts.
The 1st aims to address the importance of having a synergy of advisors as well as taking into account their different points of view.
The 2nd is about the synergy of various assets and financial forces.
Tags: cashflow, investments, robert kiyosaki, Who took my money, why the rich get richer
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