Archived posting to the Leica Users Group, 2009/01/29

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Subject: [Leica] Seen this?
From: imagist3 at mac.com (George Lottermoser)
Date: Thu Jan 29 11:59:29 2009
References: <989154.45435.qm@web35604.mail.mud.yahoo.com> <3cad89990901271848o511c9c45n8923b923b03fd08e@mail.gmail.com> <B44C4437-58B2-470A-ABEC-CCAF6FA3697B@btinternet.com> <3cad89990901280222w36c6876bi8ac1b0e3bf187270@mail.gmail.com> <3cad89990901281921k35c3d28cg955eec3679afd0c7@mail.gmail.com> <9b678e0901290622o425f4dd3n5f937222e10be7f5@mail.gmail.com> <63B99B13-B5FF-4ECE-9A1D-26C0D53B1D31@usjet.net> <BC421505-4C96-4330-A3CA-AA156E01E0C3@charter.net>

Absolutely agree!

Further, I would posit
that these merged-mega-banks
and merged-mega-corps
reach a scale which cannot "be" lead
or managed effectively or efficiently.

Much of this disaster's cause
rests in the fact that
far too much (whether good or bad assets)
ends up in the hands far too few.
And those few do not,
perhaps cannot, have the ability
to manage at that scale.

Wouldn't we be a lot safer
(economically speaking)
if many smaller entities
controlled much smaller sets of assets?

Regards,
George Lottermoser
george@imagist.com
http://www.imagist.com
http://www.imagist.com/blog
http://www.linkedin.com/in/imagist

On Jan 29, 2009, at 12:40 PM, Slobodan Dimitrov wrote:

> In just in how many more words do folks need to have it spelled out  
> to them that this was a crisis in leadership, individually and  
> institutionally, which continuous to this day.
> sd
>
>
> On Jan 29, 2009, at 10:20 AM, Robert Meier wrote:
>
>> Excellent analysis!
>>
>>
>> On Jan 29, 2009, at 8:24 AM, Don Dory wrote:
>>
>>> You have to love the FT.  They have a somewhat long article from  
>>> George
>>> Soros today that explains a lot of why the financial markets are  
>>> tanking
>>> around the world.  I recommend this link highly.
>>>
>>> <http://www.ft.com/cms/s/0/49b1654a-ed60-11dd- 
>>> bd60-0000779fd2ac.html>
>>>
>>> On Wed, Jan 28, 2009 at 10:21 PM, Jayanand Govindaraj  
>>> <jayanand@gmail.com>wrote:
>>>
>>>> Frank,
>>>> Today's news:
>>>>
>>>> http://www.ft.com/cms/s/0/c9a83fc6-ed06-11dd-88f3-0000779fd2ac.html
>>>>
>>>> Cheers
>>>> Jayanand
>>>>
>>>> On Wed, Jan 28, 2009 at 3:52 PM, Jayanand Govindaraj  
>>>> <jayanand@gmail.com
>>>>> wrote:
>>>>
>>>>> The economy is retracting at a far quicker rate than other  
>>>>> countries
>>>> right
>>>>> now. The main reason is that the strong yen has caused exports to
>>>> decrease
>>>>> at an alarming rate - even Toyota and Honda are doing dismally,  
>>>>> and the
>>>> less
>>>>> said about the likes of Sony the better. With demand  
>>>>> constriction in
>>>> their
>>>>> major markets, i.e., USA and Europe, things dont look too good  
>>>>> for export
>>>>> led economies - China, Japan, South East Asia, etc. India is  
>>>>> slightly
>>>> better
>>>>> placed on this score as only 15% of our GDP comes from exports  
>>>>> - but we
>>>> have
>>>>> huge current account deficits which means you can do far less  
>>>>> to prime
>>>> the
>>>>> economy. The jury is out on who fares better.
>>>>> Cheers
>>>>> Jayanand
>>>>>
>>>>>
>>>>> On Wed, Jan 28, 2009 at 3:43 PM, Frank Dernie <
>>>> Frank.Dernie@btinternet.com
>>>>>> wrote:
>>>>>
>>>>>> Hi Jayanand,
>>>>>> is Japan crashing more???
>>>>>> I thought their only problems were due to their strengths, less
>>>> borrowing
>>>>>> etc. leads to their currency not devaluing as much as others,  
>>>>>> such as
>>>> the US
>>>>>> and UK which have both been living way beyond their earnings  
>>>>>> for years.
>>>>>> Surely their problem is that their profligate customers have  
>>>>>> stopped
>>>>>> spending other peoples money.
>>>>>> Frank
>>>>>>
>>>>>> On 28 Jan, 2009, at 02:48, Jayanand Govindaraj wrote:
>>>>>>
>>>>>>  Usual marketing nonsense. I am not sure how many takers there  
>>>>>> would be
>>>> in
>>>>>>> current economic conditions, particularly as Japan is  
>>>>>>> crashing a bit
>>>> more
>>>>>>> than the rest of the world. I assume that this is squarely  
>>>>>>> aimed at the
>>>>>>> Japanese.
>>>>>>> Cheers
>>>>>>> Jayanand
>>>>>>>
>>>>>>> On Tue, Jan 27, 2009 at 11:26 PM, Bill Clough  
>>>>>>> <bill_clough@yahoo.com>
>>>>>>> wrote:
>>>>>>>
>>>>>>>  USA
>>>>>>>> TEXAS
>>>>>>>> VICTORIA
>>>>>>>> 27 January 2009
>>>>>>>>
>>>>>>>> HI there--
>>>>>>>>
>>>>>>>>  Drool.
>>>>>>>>
>>>>>>>>
>>>>>>>>
>>>>>>>>
>>>> http://en.leica-camera.com/photography/special_editions/ 
>>>> leica_M8-2_safari/
>>>>>>>>
>>>>>>>>
>>>>>>>> --bc
>>>>>>>>
>>>>>>>>
>>>>>>>> _______________________________________________
>>>>>>>> Leica Users Group.
>>>>>>>> See http://leica-users.org/mailman/listinfo/lug for more  
>>>>>>>> information
>>>>>>>>
>>>>>>>>
>>>>>>> _______________________________________________
>>>>>>> Leica Users Group.
>>>>>>> See http://leica-users.org/mailman/listinfo/lug for more  
>>>>>>> information
>>>>>>>
>>>>>>
>>>>>>
>>>>>> _______________________________________________
>>>>>> Leica Users Group.
>>>>>> See http://leica-users.org/mailman/listinfo/lug for more  
>>>>>> information
>>>>>>
>>>>>
>>>>>
>>>>
>>>> _______________________________________________
>>>> Leica Users Group.
>>>> See http://leica-users.org/mailman/listinfo/lug for more  
>>>> information
>>>>
>>>
>>>
>>>
>>> -- 
>>> Don
>>> don.dory@gmail.com
>>>
>>> _______________________________________________
>>> Leica Users Group.
>>> See http://leica-users.org/mailman/listinfo/lug for more information
>>
>>
>> _______________________________________________
>> Leica Users Group.
>> See http://leica-users.org/mailman/listinfo/lug for more information
>
>
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information


Replies: Reply from jayanand at gmail.com (Jayanand Govindaraj) ([Leica] Seen this?)
In reply to: Message from bill_clough at yahoo.com (Bill Clough) ([Leica] Seen this?)
Message from jayanand at gmail.com (Jayanand Govindaraj) ([Leica] Seen this?)
Message from Frank.Dernie at btinternet.com (Frank Dernie) ([Leica] Seen this?)
Message from jayanand at gmail.com (Jayanand Govindaraj) ([Leica] Seen this?)
Message from jayanand at gmail.com (Jayanand Govindaraj) ([Leica] Seen this?)
Message from don.dory at gmail.com (Don Dory) ([Leica] Seen this?)
Message from robertmeier at usjet.net (Robert Meier) ([Leica] Seen this?)
Message from s.dimitrov at charter.net (Slobodan Dimitrov) ([Leica] Seen this?)