♥ Cela est la vie ♥

Monday, September 15, 2008

Bank RUN!

**Photos of yesterday commision parade to be uploaded**

Today is a mixture of a good and bad day.
lets start with the bad day.

for those in the Banking and Finance industry,
today marks a shocking news as Fortune 500 company file for Chapter 11 Bankrupcy

World shares dive after Lehman Brothers collapse
5 hours ago
LONDON (AFP) —

Global stock markets plunged Monday as the dramatic collapse of US investment bank Lehman Brothers sparked steep losses across the financial sector, dealers said.
Wall Street slumped in opening trade after a bankruptcy filing by Lehman Brothers and the distress sale of Wall Street rival Merrill Lynch.
New York's Dow Jones Industrial Average shed 2.53 percent after European stock markets tumbled as much as five percent.
Major central banks, led by the US Federal Reserve, rushed to inject tens of billions of dollars into money markets on Monday as Asian indices also closed sharply lower and Gulf markets lost up to seven percent in value.

this is a real example of a "bank" run,
Laymen terms - no more jobs and $ in the investment firm left.
Its scary to see theories that i learnt in school coming true.
and its even scarier if one fine day u wake up
and realised that all your $ and your job is gone.
This is how bad the US maket is doing now.

and Bank of Americal will be buying over Merrill Lynch
B of A, Merrill:
Bank of America (BAC, Fortune 500) announced early Monday that it will acquire Merrill Lynch (MER, Fortune 500) for $50 billion in stock.
The purchase price values the company at more than $29 a share,
at least a 70% premium from Merrill's closing price on Friday of $17.05.
Merrill could use some help.
Battered by bad bets in real estate,
it has posted net losses of more than $17 billion over the last four quarters.
Last week, the stock plunged 27%.

and all these are the top performance of Fotune 500 companies in the world!!
As big as they get, they fall so fast too!
Merger and Accuqision are still better than insolvent

Life is so unpredictable is'nt it?

Hmm back to the good thing,
i have started work on a BLUE DAY!
Its kinda coincidental
but i think its really a good orientation for me to start with.

"Make It Happen" is the new slogon of my new company
i like the slogan lots!
It sponsors F1 cars
-which is why we got a polo tee and a cap of a racer!

Our Big Big bosses blowing the birthday cake

Suntec convention centre celebrations

the Hi-tea dinner where cocktails and champangs were served

As i was walking through suntec, i saw this:

So cute!
children in giant balloons playing in a pond, yet they are not wet!
so innovative!
cannot help but smile at them =)

Long but tired day!
and i am sososo happy that i get to see the morning sun and greet everyone good morning!
it felt so nice to come home and webcam my brother with my family.
not forgeting dinners at home, phonecalls with my monster!
looking forward to all the dinner dates!

thank god for everything!
and not forgeting MISS XS for what i am now
*heartfelt graditude*

and hopefully the economy picks up
so that all my friends can get a good job in the banking industry!

-Lucky and blessed-

Labels: work


♥ Mon belle vie with you. Where i will be FB Hotmail F21 BGJD BnJ's Twitter Updates follow me on Twitter Iris Lee Create Your Badge *~ L o v E s * ~ GOD ChocolaTeS(DARK) Beach, Sun SaladS Bangkok ZZZzzzz Retail Therapy Australia! POCKY HahahaHa family n friends Dogs Kangaroos Kolar Giraffe Ben n Jerry's! Meiji JOgging Photography! Pink Monster ~ * I Wish... * ~** Happiness to see the 5 wonders and beyond Career Healthy always! more than 24 hrs a day USA ben n jerrys factory TOUR you to be happy always!=) travel around the globe! Loves Pei * * Ling * * Veron * * Yupin * * Zhaoyi * * Qi Yun * April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 May 2009 June 2009 July 2009 August 2009 September 2009 October 2009 November 2009 December 2009 January 2010 February 2010 March 2010 April 2010 May 2010 June 2010 July 2010 August 2010 September 2010 October 2010 November 2010 December 2010 inspired by Bituwin - template Dementee - image Pictures taken by yours sincerely in Melbourne,Australia	Monday, September 15, 2008 Bank RUN! Photos of yesterday commision parade to be uploaded Today is a mixture of a good and bad day. lets start with the bad day. for those in the Banking and Finance industry, today marks a shocking news as Fortune 500 company file for Chapter 11 Bankrupcy World shares dive after Lehman Brothers collapse 5 hours ago LONDON (AFP) — Global stock markets plunged Monday as the dramatic collapse of US investment bank Lehman Brothers sparked steep losses across the financial sector, dealers said. Wall Street slumped in opening trade after a bankruptcy filing by Lehman Brothers and the distress sale of Wall Street rival Merrill Lynch. New York's Dow Jones Industrial Average shed 2.53 percent after European stock markets tumbled as much as five percent. Major central banks, led by the US Federal Reserve, rushed to inject tens of billions of dollars into money markets on Monday as Asian indices also closed sharply lower and Gulf markets lost up to seven percent in value. this is a real example of a "bank" run, Laymen terms - no more jobs and $ in the investment firm left. Its scary to see theories that i learnt in school coming true. and its even scarier if one fine day u wake up and realised that all your $ and your job is gone. This is how bad the US maket is doing now. and Bank of Americal will be buying over Merrill Lynch B of A, Merrill: Bank of America (BAC, Fortune 500) announced early Monday that it will acquire Merrill Lynch (MER, Fortune 500) for $50 billion in stock. The purchase price values the company at more than $29 a share, at least a 70% premium from Merrill's closing price on Friday of $17.05. Merrill could use some help. Battered by bad bets in real estate, it has posted net losses of more than $17 billion over the last four quarters. Last week, the stock plunged 27%. and all these are the top performance of Fotune 500 companies in the world!! As big as they get, they fall so fast too! Merger and Accuqision are still better than insolvent Life is so unpredictable is'nt it? Hmm back to the good thing, i have started work on a BLUE DAY! Its kinda coincidental but i think its really a good orientation for me to start with. "Make It Happen" is the new slogon of my new company i like the slogan lots! It sponsors F1 cars -which is why we got a polo tee and a cap of a racer! Our Big Big bosses blowing the birthday cake Suntec convention centre celebrations the Hi-tea dinner where cocktails and champangs were served As i was walking through suntec, i saw this: So cute! children in giant balloons playing in a pond, yet they are not wet! so innovative! cannot help but smile at them =) Long but tired day! and i am sososo happy that i get to see the morning sun and greet everyone good morning! it felt so nice to come home and webcam my brother with my family. not forgeting dinners at home, phonecalls with my monster! looking forward to all the dinner dates! thank god for everything! and not forgeting MISS XS for what i am now heartfelt graditude and hopefully the economy picks up so that all my friends can get a good job in the banking industry! -Lucky and blessed- Labels: work 10:53 PM ·

Twitter Updates