Posted on October 24, 2008 by Leonard
I have long been following these wonderful flash reports by AP. Its not about the cartoon but its the simplified explainations that gives me an overview of the current credit crisis.
You will learn about:
fannie and freddie
World Top CEO’s pay
Mortgage-backed securities
yadda yadda yadda……
Take a peek here : The Associated Press Multimedia Reports
This one is titled [...]
Filed under: General | Tagged: credit, money, Mortgage, wealth | Leave a Comment »
Posted on October 23, 2008 by Leonard
Excerpt – The price of crude oil has tumbled 55 percent from its peak of $147.27 reached in mid-July. The Star
Pump prices was at RM1.92 when crude oil was trading around US70 – US90 per barrel. It shot up to RM2.55 when world oil price hit record high at US147.27 in mid-July.
Now that the oil [...]
Filed under: General | Tagged: oil, petrol, prices, wealth | Leave a Comment »
Posted on September 30, 2008 by Leonard
A very disturbing fact I come across as reported at AP here What went wrong. Are you a concerned customer?
Hopefully the US85 billion bailout package will pull them through this horrible chapter.
Filed under: General | Tagged: financial, money, wealth | Leave a Comment »
Posted on April 11, 2008 by Leonard
To my friend and mentor, to have a dream is like to breath. When we breath, the oxygen will carry the blood cells to every departments of our body so that each and every organ will respond to its master. The next thing he makes me remember is that a dream remains only a dream [...]
Filed under: Wealth Creation | Tagged: financial, freedom, Li Ka Shing, luxury, mercedes, money, wealth | Leave a Comment »