Madoff’s first day in jail
Thanks HJ for the email.
Read full post...1. The US has made a new weapon that destroys people but keeps the building standing. It’s called the stock market
2. Do you have any idea how cheap stocks are? Wall Street is now being called Wall Mart Street
3. The difference between a pigeon and a London investment banker. The pigeon can still make a [...]
Ponzi scheme: An investment scam that appears to be actually paying high returns by paying the supposed returns out of the investors’ own capital.
the reason I post about this is a result of knowing about the great scheme that was pulled off by hedge fund manager Bernard Madoff. for more information about this story go [...]
Mr. Alghanim assuring the stability of the bank but couldn’t wait to have his damn cigar until the end of the press release?
Oh and he’s going to be upset if someone talks about options and derevatives .. thats a nice way to set people straight !
Read full post...I’m sure everyone knows about whats happening with Gulf Bank and Im also sure that rumors are going around about exactly what has happened.. we all know it’s the result of forex derevatives positions that that went against some clients (institutional).
what I really wonder isn’t whats going to happen to the bank.. I can see the bank surviving the crisis [...]
It feels weird! resigning is actually much harder than what I expected it to be! today I had to do the talk with the boss to tell him that I’m giving my 30 day notice to take another offer in Bahrain..
oh yeah.. I am moving out of kuwait!! Bahrain here I come !
I’m sorry to see the Kuwaiti market molested they way it has been… seriously now.. is it the instability of the region? is it the capital increases? is it a panic selling? or what the hell could it be?
as of now the market is down 400 points
whats your strategy now? create a position, average down, [...]
Read full post...On saterday an auction to have lunch with the legendary investor Warrent Buffet ended when the winner paid 2.11 million US dollars! the winner is a chinese Fund Manager with an EBay username Greenteabag.
The auction proceeds will go to the Glide Foundation.
I wonder who is going to pay for the lunch ??
Apple has finally announced the long rumored 3G iPhone! now whats special about it…?
Obviously the 3G support.. with a better than expected battery life
Thinner! sexy
Black back.. VERY sexy
Affordable.. $199 for the 8GB and $299 for the 16GB versions of the iPhone
Third-party applications stuff.. not my field :P
Faster
Will be available in 70 countries by year end.. [...]
Bill Gates earns US$250 every SECOND, that’s about US$20 Million a DAY and US$7.8 Billion a YEAR!
If he drops a thousand dollar, he won’t even bother to pick it up bcoz the 4 seconds he picks it, he would’ve already earned it back.
The US national debt is about 5.62 trillion, ifBill Gates were to pay [...]