Most severe crisis since the great depression

Reading Time: < 1 minute and here is President Bush has to say this morning (source: yahoo): “We are working to reduce disruptions and minimize the impact of these financial market developments on the broader economy,” Bush said in the Rose Garden, choosing to address the market turmoil at the top of an appearance with visiting Ghanian President John Kufuor.… Continue reading Most severe crisis since the great depression

Weekend thoughts w/e Apr 19 2008

Reading Time: 2 minutes Currency effects While we are heading to $4 gas (partly thanks the weak dollar), not all are victims of this trend. Think Google or IBM. Google (GOOG) and IBM reported blow out earning, while cell phone maker Nokia (NOK) reported so-so earning (or outlook) last week. One key difference is the reported currency, Google and… Continue reading Weekend thoughts w/e Apr 19 2008

Goldman Sachs failed Chinese test

Reading Time: < 1 minute Week in review 09/16 to 09/22 0) Sept 22 is “no car day” in many Chinese cities. Individual car owners are encouraged to take public transportation. I saw some volunteers on Zhongshan park metro station. 1) According to China Capital week, 中文难倒高盛, Goldman Sachs senior executive, Malysian Chinese Richard Ong, failed the Chinese test administrated… Continue reading Goldman Sachs failed Chinese test