Merrill bonuses made 696 millionaires

[116520]

Don't know lah... This world is unfair lah... at least I am not born in Africa....

AMTK mah...if you know what I mean

[darth-khips]

So those aunties wash the toilets in the bank should get layoff???

no, i didnt say that....i said the protable traders shld get ther bonuses, and their management shld be canned.....since when i mentioned any aunties??

[116520]

ha ha... those aunties never make money for the bank mah....

no, i didnt say that....i said the protable traders shld get ther bonuses, and their management shld be canned.....since when i mentioned any aunties??

[Darkangel]

ha ha... those aunties never make money for the bank mah....

liddat also can

[hoshi8]

people who manages the most spectacular collapses are very sought after...becos they have 'the experience' of destroying lives with no remorse and conscience...

thats the criteria for employing top management...

decent folks can only climb so far up the corporate ladder....

P.S. wonder if the office auntie has better integrity than top management??? heehee

[Mille]

We must thank Temasek for investing in Merrill lynch

temasek money come from.......................

now we end up paying for their big boss patek philippe loh!

[116520]

Don't worry, these big bosses will buy their PP from Singapore and we will charge them GST...

temasek money come from.......................

now we end up paying for their big boss patek philippe loh!

[seiko.citizen]

take $5 from you, give you $0.35 back......... very easy . I also know how to do

[116520]

At least we can get back 35 cents... and don't forget the big returns in the future....

take $5 from you, give you $0.35 back......... very easy . I also know how to do

[seiko.citizen]

but the short term opportunity cost all gone liao! give you big big returns, you may still be in the red

[116520]

Opportunity cost is the cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action.

So if you invest in other ST investments, there are risks also. So chances of losing $$$ is still there....

but the short term opportunity cost all gone liao! give you big big returns, you may still be in the red

[116520]

So you should start "killing" the people around now....

no wonder am always down there...

[wolfeyes1974]

people who manages the most spectacular collapses are very sought after...becos they have 'the experience' of destroying lives with no remorse and conscience...

thats the criteria for employing top management...

decent folks can only climb so far up the corporate ladder....

P.S. wonder if the office auntie has better integrity than top management??? heehee

decent person like me..now i know...sigh....

[seiko.citizen]

Opportunity cost is the cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action.

So if you invest in other ST investments, there are risks also. So chances of losing $$$ is still there....

agreed. Time for me to revise economics liao!

[116520]

Don't be worried, with high bonuses, these management teams will work harder and make these companies profitable in the future...

agreed. Time for me to revise economics liao!