So not to ask the obvious, but does any other nation use online buying as much as north america? How do most of the fraud attempts take place? Does it matter if my CC has a chip in it, if I enter the information online?....Sorry Im continuing this OT..
Thanks Ms. Terri E. Shaffer terri.e.shaf...@jpmchase.com Engineer J.P.Morgan Chase & Co. GTI DCT ECS Core Services zSoftware Group / Emerging Technologies Office: # 614-213-3467 Cell: # 412-519-2592 -----Original Message----- From: IBM Mainframe Discussion List [mailto:ibm-m...@bama.ua.edu] On Behalf Of John Kim Sent: Thursday, January 07, 2010 3:53 PM To: IBM-MAIN@bama.ua.edu Subject: Re: Korean bank Moves back to Mainframes (...no, not back) I am so impressed your insight! Please forgive me for off-line of the topic. Although I don't have stats in my hands, I can explain two things for your understanding how they got over an economic crisis. Way back to mid of 1990s the economic crisis in S Korea was almost same or bigger than last years in US, and it was controlled by IMF. I experienced a big jump on the commodity price, especially 5 times increase over the night for the flour and toilet paper which had never experienced since I was born in. That's why I came over here for a better quality of toilet paper with batter price. First thing government tried to do was campaigning in order for them to turn around an economic crisis; - asking the nation to come out them with Gold from their draw or safe. At that time I also sold my wedding & my children's baby-shower rings to government, in a result world gold market was fluctuated, and gold price was downward. - Secondly Government tried to let people sign on an application for the credit cards as many as possible in order to stimulate a financial infrastructure. At that time my high school nephew had dozen cards, and still using it. Eventually prevailing credit cards worked, and would be able to get over an economic crisis, although they have a social crisis by over-spending as fallout. That's why they need extra wallet for more cards. Sometime economists also don't understand how Korean economy works. One thing I know is they are really superb at campaigning! This communication is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice. Any comments or statements made herein do not necessarily reflect those of JPMorgan Chase & Co., its subsidiaries and affiliates. This transmission may contain information that is privileged, confidential, legally privileged, and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. Although this transmission and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by JPMorgan Chase & Co., its subsidiaries and affiliates, as applicable, for any loss or damage arising in any way from its use. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you. Please refer to http://www.jpmorgan.com/pages/disclosures for disclosures relating to European legal entities. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@bama.ua.edu with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
