Wednesday, September 9, 2009

Nor Mohamed Yaacob experience of losing more billionSingapore was literally laughing it way to the bank with such a sweet deal at the expense of Malay

Najib: Deal good for Maybank for those thieving clowns running the bankSingapore was literally laughing it way to the bank with such a sweet deal at the expense of Malaysia

Najib: Deal good for Maybankgood deal for those thieving clowns running the bank and you.. ., you people gets enough commission to feed that “haram” money for your 7 generations to comeNot a good deal for the rakyaat though, as those money already lost belong to us Get the MACC to question Amirsham. He left after the deals were concluded and to guarantee himm safe passage, they transferred him to Parliament which is not his cup of tea. All the shit will come out on who got what if they grill him Tell me who would be stupid enough to go and buy a bank in Indonesia? You tell me who would do that? Then if that was not enough you go and take a running jump into Pakistan and buy another bank there. But wait there is more! While they are doing that why not pick up a bank in Vietnam. In all they spent an incredible RM10.8 billion to acquire these three banks. Who would be stupid enough to do this when Maybank has been advise AGAINST making the purchase? Maybank belongs to the Government and so they will take instructions from the Government. Taking instructions from a Government run by idiots who thinks that Maybank is also Maybank. So in essence it is the Barisan Government that is stupid enough to go and buy three Banks in Indonesia, Pakistan and Vietnam for RM10.8 billion.

Now Malayan Banking has confirmed that it lost RM2 billion in this escapade. Now which UMNO guy made a few hundred million in commission from these purchases? Who are the usual suspects? Najib as the Minister of Finance has to be suspect number one – but if MACC does the questioning they will say that he is just ‘helping with inquires’. But Najib must beware that even helping with inquiries can be dangerous if Muhyiddin has anything to do about it.

Najib must have been advised by that Nor Mohamed Yaacob because he had experience of losing more billion when he was with Bank Negara – around RM30 billion in fact.

This latest escapades would have been hysterically funny if it had happened in one of those tin pot African country where you would need half the money in the Banks just to buy a loaf of bread. And of course as far as Najib is concern this is a ‘victimless crime’ because it does no physical harm to any person or property, or to which was in fact consented, and is currently illegal if based on statutory laws. As victimless as PKFZ and all those plundering of the nation resources. Well Najib I got news for you. The Rakyat now knows that in the end they pay !! That RM37.23 million Aidilfitri bonus for Felda – we all pay. That RN500 million for Razak Baginda – we pay. Soon you will be paying for this that you are now making the Rakyat pay…and then it will be Good Night for you.

You can fool some of the people all of the time, and all of the people some of the time. But you can never fool all of the people all of the time Mr PM , you’re not trying to create mass murderers group right? 1Malaysia sounds like a criminal group! We will only take you seriously when the judiciary and the police are fully reformed,made free and is independent.I think its also a good idea if Anwar sodomy case is dropped for good.His presence can only strenghten you.He is the best critic you can have.Its critics like Anwar who will see that check and balances of your governments.We are not against BN only against your action.Let there be a two party system for the good of the country and people.Anwar is the right person to have it set up.

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Notorious Politicians Scams & Thuggery Schemes never are punished. The crooks and looters of people’s assets steal and still rule MALAYSIA.

Have we ever heard of huge profits by GLCs and govt investment arms?? No. What we so often hear now and then are huge losses or scandals to the tune of billions or hundreds of million. Do they ever care about returns for the benefits of the rakyat? All they care about are immediate gains for themselves and cronies. Make hay while the sun shines, that’s all they care about. Rakyat? Pergi mampus lah, that’s what they think. Let’s change the govt so that financial help can be given to the poor and the unfortunate. The country cannot go on bleeding

The first anniversary of Lehman Brothers’ bankruptcy, and the consequent seizure of credit and liquidity flows among the top Wall Street banks, is upon us. At the time of the crisis, the balancesheet size of some ten troubled banks on Wall Street exceeded the combined GDP of all emerging Asian economies.

So the reverberations of Wall Street had to be felt across the global banking system. Last September, the world economy seemed to be hurtling down in a way that had initially raised the spectre of the Great Depression in America of the late 1920s.

After a while, the consensus view that finally emerged was that the world was possibly facing the worst recession since the Great Depression. Economists in reputed western research institutions studied recessions of the last 100 years and broadly concluded that the global economy would take two to three years to fully recover.

Of late, some of those who had completely missed the financial crises building up under their noses have begun to talk about a V-shaped recovery in the global economy! Mind you, this is based largely on the performance of stock markets which are supposed to reflect future trends in the real economy. However, such knowledge embedded in the markets can be imperfect, as we have learnt by now.

Have we ever heard of huge profits by GLCs and govt investment arms?? No. What we so often hear now and then are huge losses or scandals to the tune of billions or hundreds of million. Do they ever care about returns for the benefits of the rakyat? All they care about are immediate gains for themselves and cronies. Make hay while the sun shines, that’s all they care about. Rakyat? Pergi mampus lah, that’s what they think. Let’s change the govt so that financial help can be given to the poor and the unfortunate. The country cannot go on bleeding
The first anniversary of Lehman Brothers’ bankruptcy, and the consequent seizure of credit and liquidity flows among the top Wall Street banks, is upon us. At the time of the crisis, the balancesheet size of some ten troubled banks on Wall Street exceeded the combined GDP of all emerging Asian economies.
So the reverberations of Wall Street had to be felt across the global banking system. Last September, the world economy seemed to be hurtling down in a way that had initially raised the spectre of the Great Depression in America of the late 1920s.
After a while, the consensus view that finally emerged was that the world was possibly facing the worst recession since the Great Depression. Economists in reputed western research institutions studied recessions of the last 100 years and broadly concluded that the global economy would take two to three years to fully recover.
Of late, some of those who had completely missed the financial crises building up under their noses have begun to talk about a V-shaped recovery in the global economy! Mind you, this is based largely on the performance of stock markets which are supposed to reflect future trends in the real economy. However, such knowledge embedded in the markets can be imperfect, as we have learnt by now.

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Nor Mohamed Yaacob experience of losing more billionSingapore was literally laughing it way to the bank with such a sweet deal at the expense of Malay


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