Funny or dangerous? Last Friday, on the public website of the Japanese Financial Services Agency, the japanese supervisory body, some announcements appeared. Teramento Corporation, a ONE-MAN-company with a capital of 7 (SEVEN!) EURO … yes, seven only, not million, not billion, not trillion announced, that it held 51% of “some” companies like Toyota, Sony, NTT, [...]
Reading the stories coming out after the SocGen MISMANAGEMENT … not a rogue trader … absolute reckless mismanagement made it happen … makes me sick!!! Where were/are all the supervising authorities??? SEC? BaFin? Whatever their name is … WHERE THE HELL ARE YOU??? Or are you all stupid underpaid bastards??? Helpless or blind? Or just [...]
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