Waw, reza is the 'hairy', and hairy is 'reza... gp
On 9/30/08, rezameutia <[EMAIL PROTECTED]> wrote: > --- In proletar@yahoogroups.com, JD <[EMAIL PROTECTED]> wrote: >> >> --- rezameutia <[EMAIL PROTECTED]> wrote: >> > >> > > It's not 'greed'. It is responsibility. >> > >> > >> > yeah.., someone has to be responsible for the shit. >> > and, i think, that someone with fat check, not tax >> > payer. >> >> Nay, it's just the system that creates all this. That >> neo-liberal system that has made the poor poorer and >> the rich richer with its trickle-down myth. But just >> like any other thing, this system has gone weary and >> overused. It is dying right now. >> >> > > > well, the system is dying right now, it means the system doesn't work. > the system, that you're talking about, let the greedy ceo's cheating > for some shit piece of paper to be worth millions dollar. > > this shit happens, initially when the housing booming created an > atmosphere to expand very rapidly including loans to non credit worthy > customers . and those greedy ceo's were doing these mortgages were > bundled, repackages and sold in the form of mortgage back securities > (mbs) and its variant collateralized debt obligations (cdo). > > usually, the initiator mortgage were commercial banks, savings and > loans, and mortgage company. because of the greedy ceo's, the > investment bank became involved in terms of mbs and cdo portfolios > which they purchased from the capital market, such as fannie mae and > freddie mac. > > there's another instrument which they called credit default swap > (cds). this 'monster' instrument provide insurance to the financial > system such as bonds, loans or other assets that are default. the > seller of this instrument provides a guarantee if the bonds or other > assets are default. > > this 'monster' cds is the cause of this shit, and since there is no > transparent way to disclose this instrument, US$ 700 milyard dollar > rescue package from the government is only cover a tip of ice berg. > it could go up to as high as US$ 10 trillion dollar. that's because > of ceo's way of thinking, "greedy is okay". > > >> > anyway, do you know the different between european >> > company and american company, treat their employee? >> > >> > perusahaan eropa gaji cukup, tapi kesejahteraan, hak >> > pegawai, dan pensiun sangat bagus. perusahaan >> > amerika kebalikannya, gaji besar tapi kesejahteraan, >> >> > hak pegawai ancur. boss amerika bisa memecat >> > pegawai tanpa ber-peri kemanusiaan, "clean your desk >> > in one hour". >> > >> > greedy... >> >> It's just a different system. None is better than the >> other. If you're in the US, then the European >> socialist might seem nice; but if you're in Europe, >> then the American capitalism looks so efficient, >> logical and very business-minded. >> > > > jed, i am talking here, in indonesia. > > i am comparing securities company (bnp paribas & merrill lynch), > insurance company (aig & allianz) here in indonesia. it's not like > imagining, if you are living in the us so europe looks better and vice > versa. people, here in indonesia, also considering big bucks or > social welfare. > > some 'capitalism' guys, would like to work to an american company to > fulfill his basic needs, home mortgage, nice car, and living in the > fast lane. > > some 'socialist' guys, would prefer to work to an european company, > just need a home mortgage, a decent car, living in a modest way, and > good pension. > > >> Company is not a foundation, not an extension of a >> social-welfare institution. So why it must be one? >> > > > i think, a company is kind like an extension of a family, one big > happy family. so, why not the company take a good care of the employee? > > btw, udah nyobain roast duck-nya racha? > > >> JD >> > > > -- Salam, Great Pretender ------------------------------------ Post message: [EMAIL PROTECTED] Subscribe : [EMAIL PROTECTED] Unsubscribe : [EMAIL PROTECTED] List owner : [EMAIL PROTECTED] Homepage : http://proletar.8m.com/Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/proletar/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/proletar/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
