Mind Cultivation: Shareholder turmoil

Friday, September 26, 2008

Shareholder turmoil

WAMU surrendered to its deamons and JP morgan spotted the opportunity.
Distress sale by Fed on the fear of loosing everything, WaMu management could even gather what happen and they are bought to their feet with one swoop

What are the architects of financial system are doing today ? Just seeing hopelessley the system they made close to free economy which drove the world. What could have been the cause of errors.The plight of shareholder who have invested in WaMu, Lehmann is undoubtably killing
How will the system will secure itself and be robust enough to cater to new challenges

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quotes

There are people who have money and people who are rich.

Wealth may be an excellent thing, for it means power, and it means leisure, it means liberty.

Money often costs too much.

Young men want to be faithful, and are not; old men want to be faithless, and cannot .

No wise man ever wished to be younger.

Be happy. It's one way of being wise.

Happiness is not a goal; it is a by-product.

Of all the things you wear, your expression is the most important.

That man is richest whose pleasures are cheapest

We choose our joys and sorrows long before we experience them.

There is no greater joy nor greater reward than to make a fundamental difference in someone's life.

You are only young once, and if you work it right, once is enough

Women now have choices. They can be married, not married, have a job, not have a job, be married with children, unmarried with children. Men have the same choice we've always had: work or prison.