Huge loss in America and big profit in Asia (That’s Wrong!)– No market is ever saturated. Remember business never serves a market, it creates it. No market is same, you cannot have a general rule of business for all markets. It’s just that you have to tweak the rules of the game. Yes in this world of ever decreasing lead time where dynamics are changing fast, everything boils down to one thing "how and who control's the environment" everything else is a gain or a loss.

Why is it that it is the people with the money can influence the creation of our laws. Why is it that people with money can seem to do what they want without repercussions? They can lie to us to get us to invest our hard earn money into their ideas, then cheat us while walking away with the money we gave them, and the only thing that is said is, too bad.

Does it cost too much to enforce the law on the rich with their expensive lawyers who know how to twist the law, the law the lawyers help to write? Is there too few who can handle a multi-billion dollar company so too many in jail would bring a shortage of CEO's in our world?

Maybe it is because when we see the so called brightest minds who get paid millions of dollars to run our world mess up, we realize who else is there and just accept the fact there was no one better.

I cannot help but feeling who is the worest of the bunch, the stupid man who has had little school, few breaks, living hand to mouth everyday, who finally gives into stealing to try to get ahead, or the man who has had it all. The education, the so called easy life, who cannot forcus on anything else but getting more, and is willing to cause the loss to the hard working people of the world to get there. Hard call for me to decided.

They say we need the rich, for it is they who have the money and the talent for progress. Okay, then I thank them. But for those who create hardship for thousands and thousands of people because their idea's to make themselves more money fail, then I say, maybe you would be more careful with your decisions, if the only one who pays the price for a mistake, is the one who makes it. We all have to face that in our common lives, maybe it is time the rich have to face that too.

Top executives receiving € millions (in double digits) salaries create considerable animosity in Germany, where there is now a proposal that only the first million of a salary can be set off before tax, and any further amount must come out of after-tax profits. Furthermore, a golden goodbye to top execs who lose their jobs because of losses incurred at the company where they were in charge, meets with incredulity. Marcel Ospel's pay cheque when he residned from UBS last month was allegedly (in the media) just his basic salary due of an estimated CHF2 million.

There are strong feelings in Germany about the subprime crash; in
an interview in this week's "Stern" magazine, Germany's president Horst Köhler (formerly chief at the IMF) said that the bankers had created "a monster", by using uncontrolled leverage and he called for a "clear and audible confession of guilt" from banks. He wants all the German "Landesbanken"to merge into a central "savings" bank.

Interestingly I read an article by the Chief Economist at BNP Paribas (Philippe ?? I forget his surname, he is also a Professor at a Paris University) in the Swiss financial paper "Finanz und Wirtschaft"
some weeks ago in which he stated that many tranches of the lowest qualty, riskiest mortgage debt which were securitized, were rated AAA , although they were the securities which were designed to bear the first LOSSES!! Many people were not aware of this fact, wrote the BNP economist. In other words, it was quite possible that anyone buying mortgage-backed securities with a triple AAA rating, believing they were best quality paper, might in fact be buying the riskiest, the most toxic debt.

The German government is said to be taking steps for much closer observation of the banks. There is a German saying "Vertrauen ist gut, Kontrolle ist besser" (Trust is good , but control is better). It looks like there is going to be far less trust in future, imo, and a lot more control and supervision of banks operating in Germany.