Archived posting to the Leica Users Group, 2009/01/29
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Which was what the USA banking system looked like before the Glass Steagall act was repealed. Sure, institutions went bust, but they did not take the economy with them. Cheers Jayanand On Fri, Jan 30, 2009 at 1:29 AM, George Lottermoser <imagist3@mac.com>wrote: > 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 >> > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information >