Thursday, November 26, 2009

Best Bank in the world - BNM

Ni kalau buat IPO ni mesti laku giler...Sounds funny tapi believe it or not Federal Reserve is a private institution! So tak impossible kalau one fine day, BNM akan buat IPO.

Baru jer puji kejap tadi, dah keluar regulation baru to further strengthen the management of the greatest banking system regulator in the world. Baca kat sini...

We Malaysian can sleep tight at night because these people really know what they are doing.Imagine, in other economies, products like sub-prime loan can enter the market without any scrutiny, but not here. I dont know about you guys but some bankers approached me for the sub-prime products since my email is registered in the US. The conditions were ridiculuous, and yet nobody (Greenspan, Bernanke, Friedman, Krugman all the so called expert with loads of free advises spitted globally especially to the third world countries, all of them were quiet) did anything about it until it exploded.They didnt see it coming, that made me wonder how I did!

Bukan macam pakar ekonomi yang sorang tu asyik quote Michel Camdessus, Wolfensohn, kalau tak pun Wolfowitz. These people are the real thing, they have the knowledge, originality, perfect view of the scenarios & integrity. Just make sure succession plan is well in place. Just dont be like politics, when Mahathir resign, everything gone hay wire...

Malaysia Boleh!

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