Tag Archive for 'crisis'

07JanMenghadapi Krisis dengan Semangat

Saya masih ingat perbincangan dengan kawan di penghujung 2007, ketika gempa krisis masih belum beranjak keluar dari Amerika. Saat itu banyak pakar termasuk guru-guru kami di kampus meyakinkan masyarakat bahwa dampak krisis Subprime Mortgage di Amerika sana takkan merambah negeri ini. Meski demikian setengah yakin setengah bercanda kami sudah merasa tak lama lagi gempanya akan sampai juga ke negeri ini dan kami saling mewanti-wantikan dua hal. Pertama memperbanyak amal sholeh dan kedua mulai menanam ketela. Continue reading ‘Menghadapi Krisis dengan Semangat’

14DecThe Latent Crisis Unveiled

Credit crunch unmasks former Nasdaq chair

For years there were whispers on Wall Street about Bernard Madoff’s hedge fund. The cynics said the returns were too good, too steady and Madoff’s operation always looked too slim for the tens of billions of dollars it was managing. But given Madoff’s more than four decades of experience as trader and past service as chairman of the Nasdaq stock market, the wealthy kept giving him their money.

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Hagens Berman Investigating Madoff Ponzi Scheme on Behalf of Investors

Hagens Berman Sobol Shapiro (HBSS) announced it is investigating the investments and perpetrators of the Bernard Madoff Ponzi scheme on behalf of investors. HBSS is investigating the potential for a lawsuit on behalf of investors after news broke the long-standing investor was arrested and allegedly charged with billions of dollars in securities fraud, and their general partner informed the investors that their investments were with Madoff.

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Madoff fraud case raises questions about SEC

The stunning fraud Wall Street pillar Bernard Madoff is accused of has raised questions about whether federal regulators were lax in failing to scrutinize his operations and respond to alarms raised about them.

Securities and Exchange Commission enforcement attorneys were in federal court on Friday to seek emergency relief for investors, including an asset freeze and the appointment of a receiver for Madoff’s firm, in an alleged $50 billion fraud that could be the largest ever pinned on an individual.

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14Decauto-nomy for minds

A government-run auto industry?

The proposed $15 billion rescue plan that drew lawmakers back to Capitol Hill this week gives Washington a strong hand in shaping the future of the US auto industry.

In sharp contrast to the relatively lax terms of the recent $700 billion bailout for the financial services industry, the auto rescue plan sets up a level of government oversight and control not seen since World War II.

Read more here.

Fiat’s Extreme Makeover

Four years ago, Fiat was a laughingstock. Whenever you opened a newspaper in Italy, there was another embarrassing story: Fiat had lost more money; its new car had flopped; a strike was on somewhere. Even more worrying to me was the fact that the company had gone through four CEOs in three years. Imagine showing up in June 2004 and being the fifth guy to try to resuscitate what appeared to most people to be a cadaver.

Read more here.

M.E.R.M. Flea Market on Wheels

So you fancy yourself a merchant, yes? How hardcore be you? Delve with me into the wicked world of the flea market, the ice cream truck, and the munch wagon. All three of these certainly have bearing when this vehicle is rode: MERM (Modular Electronic Retail Minivan.) Explore the trade and sale underground. And realize the future as it is brought back above.

What designer Eric Zhang has made here is another vehicle amongst the likes of Marty’s Munch Wagon, Mr Softee’s Ice Cream Truck, and Old Man Smith’s Pickupfull of Vinyl Records and Tools. It’s a modern traveling saleswagon! Keep your pants on though, because since there’s so much (strange) precedent, this “MERM” will have to make a brand new case for wanting to take my record collection across the country.

Read more here.

13DecUntung Ada Krisis

Konon katanya, katak bisa direbus hidup-hidup tanpa pernah menyadari apa yang terjadi pada dirinya. Asalkan ia dimasukkan ke air yang masih dingin dan dipanaskan sedikit demi sedikit. Berbeda jika si katak dimasukkan ke air yang sudah panas. Sontak ia akan berusaha kabur menyelamatkan diri.

Manusia, ternyata tak jauh lebih bijak dari katak. Jika mereka tak dikejutkan dengan perubahan yang begitu mendadak, tentu mereka akan luluh lantak tanpa pernah menyadari apa yang sesungguhnya terjadi. Continue reading ‘Untung Ada Krisis’

02NovIn the Middle of a Crisis..

There surely some things to laugh on,,, have some to get relax,,

A trader: “This is worse than a divorce. I’ve lost half my net worth and I still have a wife.”

President Bush said clients shouldn’t be concerned by all these bank closings. If the bank is closed, you just use the ATM, he said.

George Bush said that he is saddened to hear about the demise of Lehman brothers. His thoughts at this time is to go out to their mother as losing one son is hard, but losing two is a tragedy.

The problem with investment bank balance sheets is that on the left side nothing is right and on the right side nothing is left. (really love this one)

In maths there are 30 billion prime numbers below 700 billion. The rest are all subprime.

How do you define optimism? A banker who irons 5 shirts on a Sunday.

What do you call 12 investment bankers at the bottom of the ocean? A good start.

Why are all MBAs going back to school? To ask for their money back.

For Geography students: What’s the capital of Iceland ? Answer: About Three Pounds Fifty…

If you want to gamble, go to Las Vegas . If you want to trade in derivatives, God bless you.

What’s the difference between a guy who just lost everything in Vegas and an investment banker? A tie.

What’s the difference between a bond and a bond trader? A bond matures.

Lehman have changed their recommendation on Lehman from hold to sell.

Forty years ago I sold fifty shares of my company stock and had enough money to purchase a brand-new 1967 Ford pickup. Last week, I checked it out, and if I sold another fifty shares, Id have enough money to buy a 1967 Ford pickup. So, the market has stabilized.

What have an Icelandic bank and an Icelandic streaker got in common? They both have frozen assets.

A Director decided to award a prize of £50 for the best idea of saving the company money during the credit crunch. It was won by a young executive who suggested reducing the prize money to £10.


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