Support ‘em all
Latest joke in town? An underwear manufacturer wants to purchase rights to the slogan ‘big or small, we protect them all’ and re-word it: ‘big or small, we support them all’!
Small but powerful
The newly apppointed top guy at the body that rules over the markets has so much political clout and a penchant to interfere that it has triggered uncertainty and shaken up a well-run unit. Recently a senior, experienced hand decided to quit and others are also worried about their future at this key institution which has taken tough decisions – big or small -- against ‘bad’ boys in the investing business.
Conflict
Isn’t there a conflict of interest in the appointment of the chief of a state regulator that deals with the biggest growing industry to-date? Some say he was instrumental in bringing in a big investor to the state-owned firm to replace another foreign party. Many hands in the pie, insiders say that could be detrimental to the industry and result in biased positions to benefit those who ‘matter.’
Illegal acts
Distressed depositors of the company that crashed are barking up the wrong tree if they resort to illegal acts like the one on Wednesday in forcing themselves into occupation of some new apartments belonging to the parent company.
The next day, after threatening to stay till they get their money back, they were out of the building probably realizing they were on the wrong side of the law. With acts like this, don’t expect public sympathy over your plight!
Deny, deny, deny …
As usual, he used state media to deny, counter and reject allegations that the economy was having a hard time and short of the resources that matter. But this political powerful administrator hasn’t still answered a simple question: Why get support when -- in his own words - it was not wanted? “No question, no question … we don’t need it,” was his view, then. Two weeks later the man is singing a different tune. |
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