Today I looked back at an old post of mine from April 2007. Here is the link and an excerpt: Anyone not agree that these are the signs of the hype coming to an end? “Buyers camp out to secure a home” “Share to buy a joint mortgage for young professionals” “17 day queue [...]
Archive for the ‘Business’ Category
Bear Stearns prepared to file for bankruptcy
Posted in Business, tagged Bear Stearns, Credit Crunch, Finance, JP Morgan, stock market on March 17, 2008 | Leave a Comment »
You all read about JP Morgan buying Bear Sterns for USD 270 Million, right? That is less then a 10th of its last week value. The funny thing is that I was speaking to a friend of mine who works at a well respected company handling financial news and he mentioned they got nothing [...]
Northern Rock a Bank gets Nationalized
Posted in Business on February 18, 2008 | 2 Comments »
Here is my opinion about the Nationalization of Northern Rock. If you don’t know the story here are 2 good places to read: Detailed Summary of Northern Rock and the crisis: A current FT article about the Nationalization. From the FT article: (my comments are in blue) Shares in the bank, which closed at 90p [...]
Chinese Intellectual Property – Patent Infringement
Posted in Business on October 1, 2007 | Leave a Comment »
A Chinese Court has fined Schneider a French company USD 45 Mio for infringing a patent they filed in 1999. Schneider says they have been using this Technology since 1990 long before Chint Group of Wenzhou filed their patent. A very interesting read on FT.com – here.
The Internet and Privacy – Get yourself removed from Rapleaf quickly
Posted in Business, Legal Issues, technology on September 3, 2007 | 4 Comments »
After reading about Rapleaf on ZDNET I thought to give them a try and see if they find any information about me. The answer is really really scary. Rapleaf knew of Social Networking sites I was not aware I had joined. Rapleaf also linked my true identity with my false one… What does this mean? Well [...]
A cheap way to move money from one Country to another
Posted in Business on August 30, 2007 | 1 Comment »
This article is only useful to you if you have bank accounts in at least 2 different countries and you need to get funds across these counties and currencies. Many Expats like me have bank accounts in different countries and need to send money abroad or send themselves money from their “home” bank account. The same for [...]
Interesting Readings:
Posted in Business, technology on August 17, 2007 | Leave a Comment »
1) A US company exploited a flaw in an automated Defense Department purchasing system: A company charged extreme amounts of money for shipping goods to Irak or Afghanistan. Bills for shipping to combat areas or U.S. bases that were labeled “priority” were usually paid automatically, said Cynthia Stroot, a Pentagon investigator. Pentagon Paid $999,798 to [...]
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