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Because It's Friday Morning and We Love Cats and Cheeseburgers and Sleeping

Posted by Emily Farris

 


+ DIGG + DEL.ICIO.US + REDDIT
Posted Sep 19 2008, 11:01 AM
Filed under: , , , , , , , , , , , , , , ,

Comments

remind myself said:

Recently an insurance company nearly wind up....

A bank is nearly bankrupt......

How it affect you? Did you buy insurance? Did you buy mini note or bonds?

Who fault?

They only talk about how bad the crisis will be, but they did not give regulation measures…..

Although not approved initially when thinking of using tax payer money, $700B is used to save finance industry only, how about the industry that you are in.....retail industry, construction industry, manufacturing industry, R&D, electronics, electrical, mechanical, chemical, IT etc.... each industry will be able to enjoy at least $10B.......Which will make every industry vibrant…..

They say without using tax payer money, they will not be able to lend to small companies…..

Bank primary role is to lend money….else what sort of business will let them earn….?

Many companies had been merged and consolidated, and they are stronger now, so don’t bail out, they will consolidated…..

Many ways of raising their own funds eg preference shares, sovereignty fund etc.

The top management of the Public listed company ( belong to "public" ) salary should be tied a portion of it to the shares price ( IPO or ave 5 years ).... so when the shares price drop, it don't just penalise the investors, but those who don't take care of the company.....If this rule is pass on, without any need of further regulation, all industries ( as long as it is public listed ) will be self regulated......

We must push for it for our next generations......

Sign a petition to your favourite president candidate, congress member again and ask for their views to comment on this, and what regulations they are going to raise for implementation.....If you agree on my point, please share with many people as possible....

Media and finance sector are the only two sectors ( hopefully Hacker can also ) which can overcome political incorrect power, so it is time to fine tune to the correct path, so hopefully media can united to report the truth......

remindmyselfinstock.blogspot.com

October 1, 2008 7:37 AM

About Emily Farris

Emily Farris writes about culture and food for numerous publications and websites you've probably never heard of, including her own blog eefers. Her first cookbook will be published in fall 2008. Emily lives in Greenpoint, Brooklyn with her cat, but just one...so far.

in

about the blogger

Emily Farris writes about culture and food for numerous publications and websites you've probably never heard of, including her own blog eefers. Her first cookbook will be published in fall 2008. Emily lives in Greenpoint, Brooklyn with her cat, but just one . . . so far.

Brian Fairbanks is a filmmaker living in the wilds of Brooklyn. He previously wrote for the Hartford Courant and Gawker. He won the Williamsburg Spelling Bee once. He loves cats, women with guns, and burning books.

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