Good bye, Borders

24 07 2011

It’s really sad to see Borders shutting down. I know there are lots of business out there that are closing down but I feel more attached to Borders. Sure, it’s nice to get your books online via Amazon and numerous websites but it’s also a nice change of pace to just stroll down to your bookstore and sit in there for hours.

I hope Borders would make a comeback somehow but I doubt it. This time: Borders. But what next?

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AIG’s Executive VP quitted – with a vengeance!

26 03 2009

I know I haven’t blogged for quite a while but this is something that really catch my attention.

This is the letter that Jake DeSantis, former executive VP at AIG, wrote to the company CEO Mr. Liddy when he submitted his resignation. Looks like DeSantis wouldn’t go without the last laught. Don’t get me wrong. I read that letter. Well, most of the contents were posted on that Yahoo site anyway. My point is this guy is so bold! He did expose something that presumably AIG insiders would only know. But now that the truth is out (and I really hope that that is the truth DeSantis was writing), it should be the right time that the government clean up Wall Street mess – making it cleaner and less less complicated, I mean.

My wish is to wish all this worldwide economic downturn be solved as soon as possible. Hopefully. Check out the link for the said letter.

Yahoo! News

Yahoo! News





Presidential Debate: so far who do you think win?

8 10 2008

So far, who do you think win this debate? My take: no one. So far all I see is both sides attack each other rather than directly answer the question and how each candidate would try achieve those plans. The debate is more like mudslinging live on television rather than what it supposes to be.

Anyhow, Yahoo News has an interesting article of who most political writers think are the winner in this onslaught. Take a look.

Just a funny note, everytime I see Obama and McCain together, I always think of Riggs & Murtaugh of “Lethal Weapon” movies, haha.

Obama & McCain

Obama & McCain





The Bailout Continues

4 10 2008

Now that the bailout plan has been passed, the ball is now in the court of Treasury Department. But sure, things like this won’t happen that fast so don’t expect any result for the next couple of weeks or maybe a month. I found this interesting article on New York Times about what bailout plan has to offer and how Treasury secrety Henry Paulson will do next.

I guess the most important question now is who will be saved.

Treasury Secretary Henry M. Paulson, Jr.

Treasury Secretary Henry M. Paulson, Jr.





Bailout Plan Finally Passes

2 10 2008

Tonight the Senate finally passed the bailout plan. One job done, many more tasks to go. At least this would fix the problem in short-term mean. But for long term,  it’s still hard to say. Check out the link for more information on New York Times.





Stocks are going down

29 09 2008

Well, after the announcement of the failed $700 billion bailout plan, Wall Street stocks tumble big time – almost 780 point decline. How about that. My hunch is things are going downhill from here and it will take a long long time to climb uphill again. Check out the link for more info.

Stocks go down

Stocks go down





No Bailout Plan

29 09 2008

Wow, the score was pretty close – 228 to 205 votes. And the stock market is pretty much plummeted after the announcement. So, what now then? More institutes going to collapse? More stocks plummet? And I’m very sure that this is not the end of this demise.

Stock Market

Stock Market