Investment Banking Explained

Young Chuck moved to Texas and bought a donkey from a farmer for $100.

The farmer agreed to deliver the donkey the next day. The next day the farmer drove up and said, "Sorry Chuck, but I have some bad news. The donkey died.'"

Chuck replied, "Well then, just give me my money back."

The farmer said," 'Can't do that. I went and spent it already."

Chuck said, "OK, then, just bring me the dead donkey."

The farmer asked, "What ya gonna do with a dead donkey?"

Chuck said, "I'm going to raffle him off."

The farmer said, "You can't raffle off a dead donkey!"

Chuck said, "Sure I can. Watch me. I just won't tell anybody he's dead."

A month later, the farmer met up with Chuck and asked, "What happened with that dead donkey?"

Chuck said, "I raffled him off. I sold 500 tickets at two dollars a piece and made a profit of $898.00."

The farmer said, "Didn't anyone complain?"

Chuck said, "Just the guy who won. So I gave him his two dollars back."

Chuck now works for one of the major investment banks.
Tags: Investment Banking, Raffle, Texas, Farmer, Donkey

Observations at Man Utd Match

Can't watch the first match due to body system breakdown after coming back from overseas. As Manchester United was staying in put in KL for a few more days, another match was arranged last minute. Yahooooooo at least can watch.

Was sick on that Monday but forced myself and drove over to the Bukit Jalil football stadium at 3pm and bought the tickets. Two counters were opened at the green ticket area and only five persons in front of me.

At first, I thought of giving up after reading the Monday Star newspaper that showed a long queue on Sunday afternoon where fans queued for long long time to purchase their tickets. Well, never try never know. So, I was rewarded.

When I reached home, I was planning on the route to the stadium. Seremban highway - out! Through Sri Petaling - out! From Puchong - out! I have to squeeze through an unknown route (not known to many) that is via OUG to Bukit Jalil via Vista Komanwel condos. I parked there and walked slowly for about fifteen minutes to the stadium. No jams.

Reached the stadium car park compound at 7.15pm and it was already full ...... knew it. When I was there at 3pm plus to buy the tickets, people are already hanging around the entrance gate and cars were streaming into the car park. Beat that.

The atmosphere there was fantastic ...... all red and not only ladies prefer red nowadays. There are exceptions hehe.

Lots of people were still queueing up for the tickets to the re-match. Bought mine at RM58, a steal from Saturday's match ticket prices.

Even the police joined in the atmosphere of feeling red. They sent their riot police squads in red trucks and buses.

Got a seat the second tier of the stadium. First tier went to those fellas that were at the entrance gate at 3pm plus. They must have been burnt by then.

Manchester United's Asia Tour 2009 being shown on the screen.

This was the crowd at 7.30pm. Already half full.

The Malaysian national team players came out first for their warm up and they received a great applause from the fans.

But when this Man Utd team just came out from the tunnel, the stadium almost came down with the thunderous greeting from the fans.

When the team acknowledged the crowd, the crowd went wild.

Man Utd going through their usual warm up for a match. Seen warming up were three referees for the match, dressed in red track suits.

While both teams were warming up, the crowd got themselves excited by doing the Mexican wave.

By 8.45pm, both teams came out with loud cheers from all supporters. At long last, my butt was getting upset with me for sitting so long on a hardened plastic chair.

Only one guy in front was smoking away, he was happy, but others frowned at him because lots brought their kids along. Very inconsiderate. I saw many smokers actually got out from their seats to walk up further for their ciggy but not this fella.

Kick-off at almost 9pm after the Crown Prince of Pahang state and Sir Bobby Charlton were introduced to the football players.

At one point, I noticed that the reporters/cameramen were all crowded at Malaysia's goal area. Why ah?

When I turned to the opposing's goal area, even the goalie was missing.

He backtracked a short while when Malaysia started to attack but it didn't work out. Maybe that's why the lesser number of reporters/cameramen on this side of the field. Must be boring for them.






At the end of the match, you'll be thankful that you have parked far away from the stadium. At 7.15pm, there were lots of parking attendants directing the cars here and there.

After the match, all the attendants disappeared totally leaving the poor car owners struggling to get out of the car park compound.

There were more than a dozen of other lines cutting into this line of cars trying to leave the car park. It took me a slow fifteen minutes walk and another ten minutes to reach home.

I wonder what time did the last driver got home? Hopefully he won't get into trouble with his wife which happened to another guy in the first match held on Saturday, when he reached home at 2am. What happened? He got stabbed!

Another eight years to wait before Man Utd comes round this corner of the earth? Or I'll be at Old Trafford witnessing it from its stand?
Tags: Manchester United, Man Utd, Asia Tour 2009, Bukit Jalil Football Stadium, Football, Soccer

Most Frighteningest Story Ever

One of the reason why implementation of english language under science and math was revised?????

Tags: English Language, Science, Maths

Malaysian School Band Took World No.1

Malaysian newspapers are being used by the government in propaganda news and not many has picked up news that are really encouraging to the whole nation.

A group of students from Victoria Institution in Kuala Lumpur went through many challenges in winning the world's grand prize, that is the grand prize at the World Band Challenge 2009 that was held in Modena, Italy about two weeks back.

Didn't know about it?

Congrats to the 90 members of the cadet corps band and the headmistress, Pn. Azizah Othman, for bringing some positive stuff back to the land that is going boinkers.

Their victory is not just pure luck.

On many occasions, I have heard of many comments from Malaysians that some people are rich because they were lucky. Some say that they won that competition because they were lucky in having better players.

People who are successful have went through many hardships, challenges, commitments, practises, arguments, sicknesses, objections or ridicules but they hanged on.

To this group of 90 band members, I salute you!

Reading: VI school band world's best - New Straits Times
Tags: Victoria Institution, VI, World Band Challenge 2009, Modena, Italy

Surviving in KL

Back in KL after a tiring long flight from Khartoum to KL. Checked into airport at 6pm after a meeting for my 7.20pm flight. At the meeting, I was able to log in to check in online - thanks to technology.

The Emirates flight was not full and I got a seat at the back of the plane with nobody on the same row with me i.e. two other empty seats on my left. But it was spoilt by the food tray in front of me. It kept falling down as the hook was loose and couldn't keep the food tray at its place. When the plane shakes a bit, the food tray will fall ..... have to stuff some newspapers at the pouch in front to stop it from falling. Disturbed me for four hours and in between watched Race to Witch Mountain movie.

When I arrived at the Dubai Airport, it's the usual of buying those pistachios and cashew nuts, my favourites. Hurried to the Emirates Lounge for my meal ..... nice meal definitely. A transit time of almost three hours wasn't that long since I was occupied by food ... hehe

The long flight of seven hours from Dubai to KL was occupied by three movies, Jerusalema, 12 Rounds and 17 Again. All are recommended movies to catch but I don't think Jerusalema will be shown in Malaysian cinemas owing to its violence. Good thing they have movies on board otherwise I'll be bored to death.

Reached KL at 2.20pm and reached home around 4pm. Here goes my jet lag issue again. I had dinner early and knocked off by 8pm plus but I woke up at 3am ...... very unfortunate indeed!

No point rolling on the bed and I got up looking at those contractors' quotations again. Reading those favourite websites again and time flies. Went out for breakfast about 7am plus and spent or waste my time at the mamak stall savouring my teh tarik and roti telur.

By noon, I went to check my new house and found that the developer has fixed most of the defects. Glad to see that.

On the same night, I knocked off early by 9pm plus but woke up again at 3am plus ..... what is this?????

To make things worse, I got flu and sore throat. H1N1 or swine flu as requested by our Ministry of Information??????? Went to see doctor and hoping for a 1 week quarantine hehhehehehhe but that was not to be. Just normal running nose.

Was tired upon eating those medications but I held on in taking a nap, hoping for a real knock down effect by night time. By 10pm plus, I couldn't tahan anymore and went to bed at last. 4am .... 4am. That was the time on the clock. I'm awake again. My my my.

Skipped church on Sunday morning as I know I was too tired and do not want to frighten people with my sneezing and so on. In case of anyone catching the H1N1 in church, I would not be the culprit then.

Looking at the last three days, I made a mistake in holding to my sleep when I was tired. I was trying to stay awake during day and sleep during night. But this worked against me. I should have slept when I was tired no matter what the time was as I was still having a break. It's Monday night now and I'm still having that flu coupled with bad 'heatiness' within my body due to insufficient sleep. Got to see doctor again during the afternoon and got two days of MC for me to rest on Tuesday as well.

Didn't meet any friends at all in the last few days as I just want to rest.

Need to recover by Tuesday evening in order to report at office on Wed morning .........
Tags: Kuala Lumpur, Emirates, Emirates Lounge, Dubai Airport, Jerusalema, 12 Rounds, 17 Again, Race to Witch Mountain, H1N1

Hanging On to Malaysian Politics

Posted by Hannah Yeoh, the state assemblywoman for Subang Jaya:-

So many people have been telling me just how frustrated they are with the current political situation in our country. Some have told me that they regretted voting for change because of the political instability now and would prefer returning to their old style of voting - vote for stability and forget about having a stronger opposition and greater check and balance. I shudder at the thought of this!

One needs to remember the reason why we are seeing such great resistance for change is simply because there is much to lose for those who have been in power for so long. For decades there has been so much abuse of power, unchecked misuse of public funds and plain dirty corruption. With a stronger opposition now, they stand to lose their illegal sources of income and some may even be charged and sent to prison if they are found guilty.

With this in mind, they will fight at all costs to reclaim back power and to ensure they can continue to steal public funds from the people for their own enrichment. We are not just dealing with differences in politics; we are combating evil forces who will not rest till they secure back their powers and illegal sources of income.

Sometimes I feel equally frustrated and disillusioned about the political situation too. Sometimes I lie awake thinking of how to effect change in this land. Some days I cry while driving in between meetings thinking of what's left for the future generation in this land if we give up now.

I have endured much verbal attack from political enemies, accusation after accusation of me not doing anything for my constituents and etc. No one truly understands the resistance we face daily in discharging our duties except for my fellow PR assemblymen.

Robert Kennedy once said ‘*Progress is a nice word. But change is its motivator and change has its enemies.*’ Our enemies are resisting change but we must stand firm and continue to push for a competent, accountable and transparent government.

At the end of each day, as I lay myself to sleep, I ask God for strength, wisdom and protection to face the next. I look forward to the end of the term when I can tell the people of Subang Jaya that I have remained clean and have not stolen any of the taxpayers' funds.

As reminded by Raja Petra in his blog "*Please continue your struggle to make Malaysia a better place for our future generation. This country belongs to them and it is for them that we struggle.*" All hope is not lost. Come the next election, vote out the corrupt once and for all. Hang in there supporters and friends, the best is yet to come!
Tags: Malaysian Politics, Hannah Yeoh, Subang Jaya

Identification Card Issue

In Malaysia, the compulsory use of the identification card was in existence since my parents' teenage time. It was to identify the general public against the communists or some terrorists running around Malaysia, a weeding process. Not sure on how to go about in getting the card done.

But as I grew up during my era (it's not that long ago, ok?), each boy or girl who reaches the age of 12 will need to go to the National Registration Department to apply for an Identification Card, credit card size.

Nowadays, I see babies getting a new designed Identification Card once the parents register the name of the new born child.

In a way, all Malaysians (including illegal fellas who still can get the Malaysian identification cards thru the illegal means via syndicates in which I don't know how they got it done), generally go about their lifes with this small piece of Identification Card whether it's for employment, banking, education, dealings with government depts and moving in & out of highly securitised buildings.

Now, the new Identification Card comes with a chip embedded into it and it could store your full personal particulars, health info, driving licence info and soon, could act as an ATM card????

Reactions from the people in the following two countries have negative feelings over the Identification Card situation:-

UK
The Home Secretary, Alan Johnson, has just announced recently that the compulsory Identification Card scheme will be scrapped. Maybe it was due to lack of fundings as a figure of £4.8 billion was mentioned to implement it.

Maybe it was a political decision as the Conservative party stated that they will scrap the national scheme if their party wins the forthcoming general election.

But it remains compulsory for the foreigners.

USA
There is this guy that equipped himself with Matrics antenna and a Motorola reader into his car. As he moves around, his reader could scan nearby people's info from their identification cards, passports, driver licences from within a distance of twenty feet.

Such reading is possible due to the fact that RFID chips (Radio Frequency Identification) are embedded into such card or passport.

Since 1 June 2009, all americans are required to equip themselves with a RFID tag document to travel.

Somehow, it was mentioned in the same article that there's a fundamental flaw with RFID - each chip is built to faithfully transmit its unique identifier "in the clear, exposing the tag number to interception during the wireless communication." ......... oooooops!

To further enhance or not to implement at all?????
Tags: Identification Card, Radio Frequency Identification, RFID, RFID Chip, RFID Tag, Matrics Antenna, Motorola Reader