Comic Relief

Well now that you are riding the roller coaster, hand over your face, peeping in between fingers and hoping the next drop will be the last, relax, look at the stars in the galaxy of the space mountain, haha. To help you along here are some comic relief (:


About Wall Street executives- Now that the market for his services has collapsed, he has time to go home and figure out which of the children roaming around the mansion are actually his- Bloomberg

Amongst the US$700 billion notional derivative contracts in Lehman's books, some is insurance sold by Lehman against the risk of other companies defaulting-Bloomberg. (Likewise with AIG. Wonder whether companies selling safes and vaults are booming? Time to draw cash and stash at home?)


Commentor's remark about Bush's 2 minute statement on the crisis after the decision to rescue AIG- "He didn't stay to take questions. It is so short you really need to read between the lines"

Until today (before the 2 minute statement), Bush had publicly uttered 160 words about the worst Wall Street crisis since the Great Depression- Bloomberg

Now I don't know about you, but I am definitely poorer. So I started to whine, which is my nature anyway. Then when I went to my school and asked one of my clients (14 year old student) to list out the things he wanted most (as in his dream world) so that we could then compare them with his real world and discuss how his actions are either helping or hurting steps towards bridging the gap, here they are in descending priority:

1) Family to be more healthy ( Real world- mother immobile with diabetes, father has asthma and stays home to take care of mother)

2) Family to be more happy if have more money ( Real world- family is sad cos no money and on financial assistance)

3) To be able to go out more with family and friends ( Real world- no money so can not go out)

Narrowing the great divide in society may possibly be something good?
(at least between the masters of universe (term for investment bankers) and those on aid)