I’m not sure how accurate this is but it gives you an idea of where do you stand in terms of your income against other people. visit the global rich list to find out.

Thanks Xeco for the link

Link: Global Rich List

]]> http://ma6aba.com/blog/2009/04/how-rich-are-you/feed/ 2 http://ma6aba.com/blog/2009/03/madoffs-first-day-in-jail/ http://ma6aba.com/blog/2009/03/madoffs-first-day-in-jail/#comments Tue, 24 Mar 2009 10:23:48 +0000 Weld El-ma6aba http://ma6aba.com/blog/?p=1098 Thanks HJ for the email.

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 deposit on a BMW.

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

5. The problem with investment bank balance sheet is that on the left side nothing’s right and on the right side nothing’s left.

6. I want to warn people from Nigeria who might be watching our show, if you get any emails from Washington asking for money, it’s a scam. Don’t fall for it

7. Bush was asked about the credit crunch. He said it was his favorite candy bar

8. The rescue bill was about 450 pages. President Bush’s copy is even thicker. They had to include pictures

9. President Bush’s response was to meet some small business owners in San Antonio last week. The small business owners are General Motors, General Electric and Century 21

10. What worries me most about the credit crunch is that if one of my cheques is returned stamped ‘insufficient funds’, I won’t know whether that refers to mine or the bank’s.

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 to <bloomberg>

The guy for roughly 20 years kept showing awesome returns by showing high returns through paying investors with other investors money, costing investors an expected amount of more than $50 billion!!!

Really this industry is full of shit.. I can’t believe im stepping in it just as the hell broke loose ! but what can I say.. I love trading.

kindly let me know..

click on the image to enlarge

Does that remind your of the Kuwait market?? actually, that remind me of any chart I have looked at in the past year or so

Didn’t we all hear that?? that’s so true. i still remember a broker saying this was just a market correction.

The great depression with the addition of colors to make sure the picture is clear this time.

And Finally …. The Nobel prize in economics winner.. Ms. Jones !!!!

This year’s election is one of the most elections i’m excited about.. with all whats happening to the US economy, and wars it’s going to be interesting to see who will win the elections and how will the new president take actions. if I have the right to vote I will sure vote for Obama and the reason purely economy related.

who would you like as the next US president? McCain or Obama? and Why?

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 !