Bill Still, mannen bakom den utmärkta filmen The Money Masters, har nu producerat en ny film som vi alla gärna skulle vilja se, om vi kunde. Hans nya film, som låg uppe för försäljning via Amazon, blev efter 3 dagar förbjuden att säljas via Amazon. Skälen till denna “avstängning” är minst sagt haltande och tveksamma. Som vanligt vid censur, så tilldrar sig nu intresset än mer till filmen och dess innehåll. Oskyldig trailer nedan.

Den enträgne och gode Bill Still fortsätter att göra historiska jämförelser och fortsätter försöka öppna ögonen på en alltmer likgiltig och enfaldig befolkning. Nedan följer hans Still Report on the Economy direkt från stormens öga Washington DC.

Guten Morgen, Morgen!

Ab heute darfst du mich “prommenenter Star” nennen, liebes Blog! Nein, lach nicht! Ach, du lachst ja doch. Ach so, du meinst, du kannst nicht ernst bleiben, wenn ich dich wiehernd vor Lachen anfeixe. Stimmt. Hast du auch wieder Recht. Und nein, ganz bestimmt werde ich NICHT am 2. Adventssonntag jenes Adventsk0nzert im Städtchen besuchen, anlässlich dessen Herr Federwelt und ich auf der Bühne den Affen machen vorgestellt werden sollen als “prommenente” Mitbewohner selbigen Städtchens. Oh non! Was ist passiert? Lauschen Sie dem gestrigen Telefonat, das uns spät am Abend erreichte:

“Hallo! Isch will Sie eilade?”

“Hä? Wie bitte? Comment?”

“Ei. Des Konzert am Zwölfte. Do werd a Weihnachtsschpiel von Ihne uffgeführt. Vum Chor un von de Laiegrupp?”

“Äh…”

“Des Schtück, wo Sie mol geschriwwe hawwe, Herr Federwelt. Sie un Ihr Fraa. Des vum Engel, der wo  …”

Ach du Scheiße schrecklicher Schreck! Diese olle Kamelle, in einem anderen Leben einst auf die Schnelle verfasst, von Kindern damals aufgeführt und längst vergessen. Wir rangen nach Fassung, während der nette Anrufer weiter plauderte.   Er erklärte uns auf charmante Weise, dass er, der Macher dieser adventlichen Katastrophe Feier, gar nicht gewusst hätte, dass das “Schtück” von uns sei und dass er erst beim Guckle (er meinte eine bekannte Suchmaschine) im Internet erfahren hätte, wie … usw. Er redete lange und nun wissen wir endlich, dass wir “prommenent” sind.

“Ach ja”, schloss der Anrufer seine Rede, nachdem er noch einen persönlichen Besuch bei uns angedroht hatte: “Ich soll Sie ganz herzlisch vum Friedrisch grüße!”

“Friedrich? Welcher Friedrich?”

“Ei DER Friedrich. Der Bankvorschtand. Der iss auch unser Ehrevorsitzender. Der iss ganz begeischtert und …”

Von dem Punkt allerdings haben wir nicht weiter zugehört. Der ‘Leichen-pflastern-seinen-Weg’-Friedrisch, der uns seit dem Unfall das Leben zur Hölle macht, hat in unserem Leben keinen Platz. Auch wenn wir noch so “prommenent” wären …

Guten Tag, Tag!

Beim genossenschaftlichen Spitzeninstitut DZ Bank rumort es: Wie das Handelsblatt aus Finanzkreisen erfuhr, musste DZ-Chef Wolfgang Kirsch gestern gegenüber dem Aufsichtsrat Fehler in der Bilanz einräumen und wurde aufgefordert, seine strategische Planung bis 2013 noch einmal zu überarbeiten.

Det kan tyckas märkligt att politiker i många länder, däribland Sverige, har valt att göra sin centralbank mer oberoende. Därigenom ger ju politikerna upp en möjlig metod för att påverka ekonomin (låt vara att det är omdiskuterat i vilken mån penningpolitik har reala ekonomiska konsekvenser). I en ny studie, “Why Do Politicians Implement Central Bank Independence Reforms?”, försöker Sven-Olov Daunfeldt, Jörgen Hellström och Mats Landström finna förklaringsfaktorer. Deras resultat:

It was found in this study that non-OECD countries with a history of high variability in inflation were more likely to implement CBI-reforms, suggesting that politicians in those countries have received a strong aversion to inflation and therefore implement CBI-reforms to establish credibility for a price stability rule. In addition, the likelihood of a CBI-reform seems to have increased when politicians in non-OECD countries faced a high probability of being replaced. No such effects were found for OECD-countries, implying that politicians in more industrialized countries do not feel a need to tie the hands of incoming governments and that the credibility of a low inflation goal can be achieved with other means.

Två reflexioner:

• Vad kan förklara politikers inflationsaversion i icke-OECD-länder? Varför ser de inte inflationens “privata” fördelar?
• Är det så att institutioner, särskilt i OECD-länder, inte är så viktiga? Är de “bara” kodifieringar av jämvikter som skulle existera dem förutan?

Ach du Scheiße, dachte ich mir nur. Da lese ich, dass der Afghanistan Einsatz jetzt doch teurer werden soll, als früher mal versprochen. Meine aufkommende Panik legte sich allerdings schnell wieder. So kostet der deutsche Teil der ISAF Mission gerade mal schlappe 785 Millionen Öcken.

Das mag dem Durchschnittsbürger zwar wie eine gehörige Summe vorkommen, doch wer kleine Brötchen backt, sollte lieber die Finger aus der internationalen Politiktorte lassen. Dem Pöbel mag es teuer vorkommen, ja ja, aber eben drum WIRD das Fußvolk regiert und REGIERT nicht. An dieser Passivkonstruktion wird deutlich, wer das sagen hat im Land – und offen gestanden ist das auch gut so.

Während der Hartz-4 Empfänger noch ausrechnet, wie viele Flachbildfernseher er sich für das Geld leisten könnte, denken größere Geister in größeren Dimensionen. Bodenschätze, Großaufträge, Transitrouten. DARUM geht es bei Kriegen nämlich letztendlich – um Investitionen. Nun gut, die Afghanen haben zwar kaum Öl in ihrem Land, aber irgendwelche Rohstoffe wird man der kargen Erde schon entreißen können. Und wenn nicht, kann man die Afghanen immer noch für die europäische Kosmetikindustrie durch den Fleischwolf drehen und als Fettquelle nutzen. Allerdings sollte man wahrscheinlich erstmal ein paar McDonalds Filialen eröffnen, um die drahtigen Wüstenbewohner auf amerikanisches Niveau zu mästen.

Es beruhigt mich, dass zu den Lesern meines Blogs ausschließlich die gehobene Schicht, die Bildungselite Deutschlands, die Speerspitze des Finanzkapitals und der Hochadel gehören. Es tut wirklich gut, offen seine Meinung schreiben zu können.

KEDAULATAN DAN GLOBALISASI

Lupakan kedaulatan Sultan Perak. Lupakan kedaulatan Raja-Raja. Semua ini adalah ciput. Semua kedaulatan ini tidak akan diambil kira dalam agenda globalisasi yang sedang berjalan hari ini. Semua Tan Seri, Tan Tun, Mak Datin , Pak Haji, Ayatollah, Padri, Sami, Rabbai atau apa sahaja bentuk manusia semuanya menjadi ciput dalam agenda baru yang sedang berjalan hari ini.

Tuhan baru telah muncul. Tuhan yang dibawa oleh sistem kapitalis. Tidak percaya? Sila renung dan periksa diri sendiri. Sistem ekonomi kapitalis telah menjadikan manusia berebut-rebut untuk mengumpul harta. Sistem ekonomi kapitalis telah melahirkan satu budaya dimana umat manusia dalam dunia ini terlupa dan terlalai bahawa kita hanyalah bertransit di atas muka bumi ini.

Mesti borong! mesti borong! Mesti kena sapu semua nih.

Budaya kapitalis ini telah mencakupi semua aspek kehidupan manusia. Manusia moden kurun ke 21 telah dilalaikan untuk menjadi binatang konsumer yang mengguna dan mengumpulkan pelbagai ‘biji-biji saga’ dan barangan kodi untuk mainan. Manusia moden telah menjadi seperti Toyol yang asyik bermain dengan biji-biji saga hingga terlupa bahawa tujuan hidup ini adalah untuk mengenal diri sendiri dan melakukan kebaikan.

Sistem kapitalis telah membawa satu budaya dimana ianya mengasak, meraba dan merangsang sifat jahat dalam diri manusia. Hukum induk ekonomi kapitalis – keuntungan maksima – telah melupuskan nilai baik yang sedia wujud dalam diri manusia.

Justeru apakah kita hairan apabila kita terbaca dalam akhbar bagaimana pembekal susu tepong di Tanah Besar China telah membubuh malamin dalam tepong untuk dijual sebagai susu. Mereka menjual susu ini bukan kepada orang Sweden tetapi kepada bayi-bayi China sanak saudara mereka sendiri.

Justeru apakah kita hairan apabila kita membaca berita di Sepanyol dan Portugal ada pembekal minyak zaiton telah membubuh minyak hitam yang sudah terpakai untuk dijual sebagai campuran minyak zaiton.

Justeru apakah kita hairan apabila membaca bagaimana kontrektor Bumiputera yang bersunat dan selalu naik umrah telah membuat bangunan sekolah, bilik makmal dan hospital dengan menggunakan barangan tidak berkualiti dan akhirnya bangunan-bangunan ini runtuh rantah.

Semua ini dilakukan kerana mereka hidup mengikut hukum dan budaya kapitalisma. Keuntungan maksima adalah tuhan baru yang sedang disembah. Selama 30 tahun kebelakangan ini tuhan baru ini telah muncul dimerata pelusuk dunia. Tuhan ini akan berada dimana sahaja wujudnya sistem ekonomi kapitalis termasuk di Malaysia.

Tiga puluh tahun dahulu – air, api, jalan raya, hospital, bank, sekolah, universiti, talipon, radio, tv – semua ini adalah milik kita bersama. Semua ini adalah hak milik negara bermakna hak milik orang ramai. Tiba-tiba harta orang ramai ini diswastakan.

Siapa sebenarnya yang menelorkan dan mencadangkan dasar penswastaan ini. Dasar ini dimunculkan oleh pemikir kabal-kabal Illuminati. Para pemikir dari pelbagai ‘think tank’ ini yang telah mengajukan agenda penswastaan kepada Bank Dunia dan IMF sebagai satu usaha untuk apa yang mereka panggil – cara untuk memperbaiki dan mengembangkan ekonomi di negara-negara sedang membangun.

IMF dan Bank Dunia menjadikan penswastaan ini sebagai dasar untuk diterima pakai. Negara Dunia Ketiga yang miskin jika ingin meminjam dana dari bank-bank antarabangsa diwajibkan menjalankan dasar penswastaan. Penswataan bermakna menjualkan harta hak milik orang ramai kepada kaum kapitalis antrabangsa.

Di belakang dasar penswastaan ini ialah para banker dari kabal Illuminati. Para banker yang telah mengumpulkan berbilion kertas dolar memerlukan pasarana pelaboran baru. Hukum ekonomi kapitalis mewajibkan kaum pemodal terus mencari pasaran baru. Di Eropah Barat pasaran telah tepu. Maka kabal Illuminati telah mengarahkan Bank Dunia dan IMF memaksa dibuka seluas mungkin pasaran di negara Dunia Ketiga. Hasilnya kita melihat harta negara kita –air, talipon, tv, jalan raya, hospital, bangunan, bank – semuanya bertukar tangan.

Apabila Perang Dingin tamat lihat apa yang telah terjadi kepada Russia dan Eropah Timur. Negara-negara ini sedang mengamalkan sistem ekonomi sosialis telah diasak dan di serang. Russia telah dipecah-pecahkan. Perang telah dicetuskan di Bosnia, di Kosovo, di Montenegro dan di Chechen – semua ini adalah perancangan licik untuk memaksa harta rakyat di Eropah Timur di jual kepada kaum pemodal antarabangsa.

Sesudah dasar penswastaan di terima pakai – kita mula terdengar apa yang dikatakan – Dunia Tanpa Sempadan. Dunia tanpa sempadan ini ialah agenda Illiminati untuk melupuskan kedaulatan negara. Dunia tanpa sempadan bukan bererti orang Afrika boleh senang-senang masuk ke Eropah. Dunia tanpa sempadan bukan bererti buruh rakyat Pakistan boleh masuk ke Jepun untuk mencari kerja.

Tanpa sempadan hanyalah untuk duit modal masuk ke mana sahaja untuk mencari untung. Modal antarabangsa ini tidak boleh diganggu gugat ketika modal ini sedang mencari keuntungan maksima dimana sahaja dalam dunia ini. Dunia tanpa sempadan ialah untuk para pelaboran antarbangsa bermain ‘tikam dan berjudi’ di pasaran saham negara-negara Dunia Ketiga. Lihat apa yang berlaku di Asia Tenggara pada tahun 1997 dahulu. Lihat bagaimana kaum kapitalis antarabangsa telah menerbus masuk dan menekan negara-negara Asia Tenggara dan akhirnya banyak hospital kita terjual, talipon kita terjual, sistem pendidikan kita terjual.

Lihat Tesco, Carrefour, Giant, Court Mamoth, AIA, ING, Ikea, Burger King, MacDogal, Shell, Esso – semua ini adalah milik pemodal antarabangsa. Semua ini dipaksakan ke atas pasaran kita melalui perjanjian World Trade Organisation (WTO). WTO memaksa negara Dunia Ketiga membuka pasaran untuk pemodal antarabangsa masuk mencari untung.

Perjanjian WTO ini adalah perjanjian terbuka yang berat sebelah – sama seperti perjanjian-perjanjian East India Company yang telah dibuat oleh Sultan Johor dengan Raffles pada tahun 1819 dahulu. Sama seperti perjanjian Sultan Kedah dengan Francis Light pada tahun 1786. Sama seperti Perjanjian Pangkor 1874 yang akhirnya Tanah Melayu jatuh ke tangan British.

Dari zaman penjajah dahulu cita-cita kaum pemodal kapitalis ini untuk memiliki dunia ini tidak pernah padam-padam. Cita-cita kaum pemodal antarabangsa ini untuk menjadikan umat manusia sebagai hamba adalah manifesto New World Order. Kabal-kabal Illuminati saban hari merancang. Hari ini semua strateji telah di rancang. Semua telah di susun. Para banker di belakang Iluminati sedang dalam persediaan akhir untuk melahirkan apa yang mereka katakan – New World Order atau Dunia Bentuk Baru.

Lihatlah nanti bagaimana kabal-kabal Illuminati ini akan memaksa Malaysia untuk menanda tangani Free Trade Agreement. Dalam perjanjian ini tidak ada yang ‘free’. FTA ini akan memaska kita terus membuka semua pasaran negara kita untuk kaum pemodal antarabanga mencari keuntungan maksima.

New World Order ini adalah dunia baru dimana kedaulatan negara tidak wujud lagi. Rancangan NWO ini sedang diatur – Canada, Amerika dan Mexico telah disatukan – kemudian seluruh Selatan Amerika akan dijerut masuk. Eropah sedang bersatu – ini akan menjerut masuk Afrika dan Timur Tengah. Asia akan dikepali oleh Jepun yang akan menjerut semua negara di Asia.

Lihat sekarang telah wujud Asean dan Apec untuk Asia , African Union untuk Afrika dan Union of South American Nations untuk Amerika Latin. Semua ini adalah perancangan Illuminati. Semua ini direstui oleh kaum pemodal antarabangsa. Rancangan akhir mereka ialah untuk memastikan semua rakyat dunia ini akan tunduk kepada kuasa mereka.

Dalam masa yang tidak lama lagi manusia akan di cap dengan microchip. Tak percaya? Bukankah idea ini telah terkeluar dari mulut seorang pegawai polis Malaysia tiga tahun dahulu dan berita ini telah dilaporkan dalam Utusan Malaysia. Microchip ini untuk bayi yang baru lahir – atas alasan untuk mengekori penjahat.

Tetapi hakikatnya microchip ini ialah untuk mengawal semua umat manusia agar tunduk kepada sistem ekonomi kapitalis. Umat manusia akan taat bekerja dari jam 9 hingga 5 – bercuti Sabtu Ahad. Jika sopan dan tekun mereka akan dapat gaji untuk membeli kondo, ipod, Kancil, kasut Prada, beg Luis Vuitton dan pelbagai jenis ‘biji-biji saga’ yang dijanjikan. Sila baca 1984 oleh George Orwell dan tonton filem Metropolis oleh Fritz Lang.

Ini bukan satu dongeng konspirasi. Ini bukan plot sebuah novel yang belum siap. Ini adalah hakikat politik dunia hari ini. Memahami politik dunia hari ini amat penting. Jika kita gagal untuk memahami garis dan strateji Illuminati maka kita tidak akan melawan. Jika tidak bangun melawan maka umat manusia dalam dunia ini akan dijadikan hamba abdi. (TT)

( Tulisan ini boleh diambil untuk kegunaan membuat kebaikan )

Hedge fund managers and punters betting on the fall of the world (you guys who call yourselves bankers and money managers, you know who I am talking about, don’t pretend you don’t) should know better than to allow their existence to become public knowledge. That means no interviews, no publicity, no shining a light into the dark corner of the world where you live. No one likes you. Everyone hates you. You are pariah, the unclean, the class of bottom feeder that we know exist but would rather not think about.

Your status in society is right down there with garbage picker, sin eater, carpetbagger and executioner. We know you exist but polite people don’t talk about it.

You are like the Burakumin in Shinto societies. Outcast, unclean, tainted by your profession. If we put a sign on your forehead or hung a scarlet letter around your neck, people would cover their noses, avert their faces and cross the street to avoid coming in contact with you. There is a reason the executioner’s of old wore hoods. They could not afford to have their identity become common knowledge to the general population. It may have been a good paying job but it didn’t pay enough to insulate them from the village and the people they lived with every day. In kind, the people did not want to know who was under the hood. They did not want to know who of their friends and neighbors were reduced to killing for a living, who could remove their human soul long enough to chop off someone’s head.

In Japan, you became senmin (despised citizen) just by killing animals and processing their flesh. The “evil vapors” of your profession rose up from your work, clung to your skin and tainted your life. In traditional Jewish societies, the preparers and consumers of non-Kosher food had the same taint. In India, it is the garbage handlers.

The Romans, in their declining era, forgot that. They forgot that associating with the negative energies tainted you with its negative poison. Perhaps the truism that if one lives by the sword, one dies by the sword was invented by the Romans.

They stripped the world of entire species and threw them into the ring with humans to battle to the death and bet on the outcome. The handlers, hunters, fighters and executioners became notorious and admired. People flocked to the coliseums to bet upon the life or death of animals and humans alike. It became an integral part of their economic structure. Fortunes were made betting on death. I am sure they were placing bets on the outcome of their own demise as the barbarian hordes descended upon their cities.

In the world of money, where men work in glass and steel towers high above the street level, where the suffering of the world, the death of a planet, the evisceration of a society, the torture, agony and dying of millions is sanitized and cleaned and disconnected from the movement of numbers across a computer screen, where men make billions of dollars while not actually adding anything of value back into the system from which they feed, they have created their own closed senmin villages. Their wealth isolates them from the greater community. They have come to believe that the measure of their success is measured by the numbers in their banks accounts. (perhaps a perversion of the drive to become the best bower bird on the block by collecting a pile of useless blue things that they might attract the best mate, but somehow subverted so that their love of their numbers has derailed their connection to family and village and wife and children. How else could they do what they do and still sleep at night?)

Do not rest easy, oh men in your high towers. The Romans also thought themselves invincible. After all, had they not conquered a planet? Did not phalanxes of slaves and servants and sycophants buffer them from the barbaric outer world? Yet, in the end, all that wealth could not cleanse them of the taint of death and Death, impervious to bribery or seduction, came hunting them and gave them back in kind, what they had sown upon the world.

Perhaps they had forgotten, in their isolation from humans who actually still had souls, that to a majority of the planet, money, wealth and power are useless ideas. Perhaps they thought that the rules and laws and Patterns of the Oneverse could be overwritten if one could control everything.

But “everything” is a very large thing indeed and humans are very small and the Oneverse cannot be denied without consequence.

Perhaps that is why very wealthy men such as Carnegie, Hughes and Gates, in the fading end of their lives, took large chunks of their money and established foundations that have and will outlive their own notoriety. History is a funny thing. Nobody remembers you if you are filthy rich. They will remember what you built or what you destroyed. So if you give back a little of what you have taken, legends of your generosity will outlive your grandchildren.

See. No matter how black your heart has become, the Oneverse offers redemption.

It should come as no surprise that President Obama is dancing deftly around some thorny issues on his trip to China, says Matt Frei, presenter of BBC World News America…. From BBC News. Full story

This site may contain information about: bus-travel. The blog is also related to: flight.

It should come as no surprise that President Obama is dancing deftly around some thorny issues on his trip to China, says Matt Frei, presenter of BBC World News America…. From BBC News. Full story

This site may contain information about: ancient china. The blog is also related to: china photos.

17 år gammal arbetade jag ett år före gymnasiet, anställdes som
“aspirant” på SEB.
Det gick alldeles utmärkt, minns hur jag skrev för hand i många “bankböcker” som folk hade.
Därmed skaffade jag förstås konto i banken.
Just före krisåren från 1990 ägde jag ett par fastigheter i Stockholm med hög belåning, ett litet hyreshus och en villa som var uthyrd.
Räntorna skenade och huspriserna dalade, jag hade rörlig ränta..
Var den inte uppe i 500 procent under en kort period?
Jag kunde ha valt att strunta i det hela, lånen var mer än fastigheternas värde. Det skulle ha lönat sig och gett en årslön ungefär i ren vinst att sluta betala på lånen.
Lämna fastigheterna när KRF knackar på dörren (eller dagarna innan är trevligare)
Men i stället löste jag problemen, jag var i dåligt skick efter en olyckshändelse där jag skadade mig allvarligt och ofta var på sjukhus,
jag lyckades på egen hand ändå sälja fastigheterna och löste in lånen.
Det var min mor som fick mig att ta steget i en stor villrådighet som förstärktes av skadorna jag led av, hon sa helt enkelt:
“Betala banken”.
Och det känns bäst så, hon hade rätt. Hon har alltid förstått vad som är sunt och osunt.
(Jag hade möjligheten att flytta till och bo i Brasilien för gott men det skulle inte ha känts bra att lämna Sverige med skulder och även på annat sätt har det visat sig att beslutet var riktigt.
Inte förrän idag börjar det kännas rätt att helt lämna Sverige)
Runt -1991 bytte jag till “Sparbanken” då min far där kunde få ett konto trots att han var Brasiliansk medborgare och jag kunde få “dispositionsrätt” samt något annat skäl som jag glömt.
Bad SEB att fabricera ett intyg över mina många år som kund och jag fick en fin rekommendation från SEB.
Ska nog scanna in den här senare.
Den var avsedd för att skaffa konton och lån i utlandet.
(Hade hunnit med att förlora rätt mycket pengar på en fond i SEB, “Sesam” tror jag den hette)
Med andra ord har jag varit kund i Sparbanken – Swedbank i ca 18 år och hela tiden haft ett par hundra tusen på konto där som buffert, utöver diverse aktier innan jag åter köpte fastighet – kontant.
Aldrig haft ek. problem och är idag helt skuldfri sånär som på ett litet bottenlån på bara 1/4 av fastighetens värde som jag nyligen ansökte om för att installera en bergvärmepump.
Jag behöver inte pengarna men då jag fått halv förtidspension pga sena sviter efter olyckan och ett par år med “sjukbidrag” 50% så betyder det att jag har rätt till skattefri ers. för bostadskostnad, får räkna 70% av räntan som bo-kostnad vilket ger ett oerhört billigt lån.
Amorteringen blir ju också försumbar på långa fastighetslån.
Jag har alltså “varvat ner” de senaste åren och fått låg taxerad inkomst, bara ca 150.000 kr och valde att ta det lugnt pga besparingar och enkelt leverne fram till ålderspensionen som kan tas ut om ca 10 år
då tax. inkomst ökar (och det skattefria BT minskar fast inte så mycket)
Det måste för en sund människa vara självklart att det är vettigt att ta ett sådant lån på såna villkor och att jag efter att under närmare 40 år som bank-kund aldrig haft problem utan bara utmärkta rekommendationer inte kan förväntas börja missköta mig idag?

Sökte det lilla bottenlånet (5% av de lån jag hade 1990 och löste in)
via nätet (Swedbank) och fick omgående ett avslag.
För låg inkomst.
Sände meddelande via internetbanken, berätttade snabbt om min bakgrund och om mina skattefria bidrag pga en olycka, men har fortfarande efter flera veckor och två påminnelser inte ens fått ett vettigt svar.
Besökte närmaste Swedbank-kontor och berättade hur korkat det hela var upplagt och möttes bara av ren förvirring och dumheter.
Klagade hos “kundombudsmannen” i Swedbank som ska svara
-inom en månad.
Sökte samma lån via nätet på Skandiabanken och fick avslag även där,
MEN ett omgående meddelande att jag skulle kontakta dem via telefonbanken.
Där sa man “du har fin score hos oss men tyvärr så ser autosystemet bara på taxerad inkomst än så länge, vi har skickat dig ett brev, läs det”
(Har haft pengar på ett konto även i Skandiabanken under ca 7 år pga lite bättre ränta där)
I brevet stod det att lånet var beviljat (!) och att jag skulle meddela vilken bindningstid jag önskade, och utbetalningsdag.
Pga banksekretess så meddelas sådant inte via mail eller per telefon (?)
Lite märkligt, men skillnaden mot Swedbank var förstås astronomisk.

Jag har nu flyttat över mina autogiromedgivanden och min lilla statliga inkomst till Skandiabanken och avslutat ett “e-konto” i Swedbank, ser fram emot att avsluta även ett annat konto så snart jag ser att autogiron osv fungerar ok.

Illa behandlad efter 18 år i Swedbank, väl behandlad efter 7 år i Skandiabanken med ungefär lika mycket sparat i båda.

Aldrig mera Swedbank.

LONDON (AFP) – Prime Minister Gordon Brown promised Sunday to introduce legislation to “transform” the policing of Britain’s financial sector when his government sets out its political programme this week.

Brown said a Financial Services Bill would offer tough new powers to regulators to tear up bankers’ contracts if they include excessive pay and bonus deals which might threaten the stability of the financial system.

(File) Finance workers protest against bank bosses in central London earlier this year. (AFP photo)

Some observers blame the bonus culture of the world’s two pre-eminent financial sectors — the City of London and Wall Street — for encouraging excessive risk-taking, which helped to tip the global economy into chaos.

Speaking in a podcast on the Downing Street website ahead of Wednesday’s policy-setting Queen’s Speech in parliament, Brown said Britain had a “bright future” ahead after the economic turmoil of the past year.

He insisted that despite being one of the few major European economies still in recession, Britain had fared well in terms of jobs and repossessions compared with the last slump in the early 1990s.

The main opposition Conservatives have promised to introduce belt-tightening measures if they defeat Brown’s Labour Party in next year’s general election, but Brown said he “optimistic” about the coming period.

He said he believed it could be “one not of austerity but progress”.

Finance minister Alistair Darling said the Financial Services Authority, the financial sector watchdog, would be given new powers to stop bankers collecting excessive bonuses or to cancel pay packages which rewarded undue risk-taking.

Legislation to be unveiled on Wednesday will also enable the FSA to require banks to renegotiate remuneration packages which breach its pay code, and fine those which continue to offer unjustifiable sums.

Brown said: “We will ensure that the banking crisis we have experienced over the last two years should never again come at a cost to the taxpayer.

“This means a transformation of the way the financial sector is policed, with banks themselves and not the taxpayer made to pay for bank failings.”

Darling told the Sunday Telegraph newspaper that bankers must start seeing themselves as “fellow citizens” and said some of the bonuses they had received were viewed by the public as “ludicrous”.

The new rules will come into effect next year if the Bill completes its passage through parliament before the election — which must be held by June 3.

The rules would affect all new contracts and would apply to all British banks, including RBS, Lloyds, Barclays and HSBC as well as the British operations of global investment banks like Goldman Sachs.

Bookmark & Share

Seems silly, that in many instances the borrower has already attempted to achieve various workout accommodations yet failed miserably, yet with the same fact pattern, same borrower, same everything, the ‘third party expert’ can accomplish what was already proposed and refused and in many cases do a lot better.

There are a number of reasons this works out in this manner, but the basic logic that supports the entire approach is that the borrower is the bad guy. Not to be trusted, having breached his word many times. Having breached the agreement making everyone looks bad especially the banker who wrote the loan.

Unfortunately, but true, the breach of trust makes it very difficult for the banker to do business with the borrower especially when the borrower is now asking for large concessions.

As a third party expert, my opinion is regarded with a degree of respect, professionally delivered and supported by my confirmation of the situation which while obviously in favor of my client at least comes to the banker with a degree of clean credibility. I did not breach the agreement nor break any promises; the borrower did, so we can do business despite the borrower’s bad behavior…so it goes.

Furthermore, the third party expert knows how, and what information to deliver and in what form, so the banker can more effectively do his job.

This is not about selling out the client and serving the banker, not at all, it is about doing business with a win-win attitude and full cooperation within that context.

Then add expertise and experience, the kind that seasoned workout specialist can bring to the table and the banker can rely upon and now we have a deal in the making… progress.

Yes, bankers are unfortunately frequently driven by emotion and the defaulting borrower is not the banker’s favorite person. In fact there may be significant ire created by the borrowers default and ensuing stories of turnaround success that never materialize, leaving the banker with the conclusion that the borrower is a liar, trying to get away with something, incompetent, and certainly not to be trusted…How can the borrower expect fair treatment and a successful workout under such circumstances.

There are many additional reasons why a third party expert can accomplish more than the borrower, which goes to the skill and experience of the expert, but the entry point, the difference between the expert and the borrower begins with understanding that the borrower is the bad guy and the expert is the good guy…it only gets better from there, if the expert is truly good at what he does.

anyways.,  a thought just occurred.. here it goess.: mananasdmdmwowndiewelwwwoeowwerwedsaccscccccccc. again. over and over a banker walks into a library and picks book of the shelf titled How To Maximize Profits In The Wake Of The Apocalypse. These and other titles seem to just roll off the tongue at quite importune moments.
“Why couldn’t i have read that book yesterday?” he thinks to himself.. But still he starts reading. The books starts off like this:

“Hey, who the f**k do you think i am.. who the f**k do you think you are? why read on? freedom.. clowning* around.. laddeee daaa daaaa.  Hey kid, you look like a real go-getter type of guys. you wouldnt believe what happened last night.. garbleeededddldv i wasn’t surprised. i love it. keeps things exciting. You know what he did? Damn i wish i knew.. But i don’t really know the guy well enough to ask him what he did. last time i asked him what he killed me. i was dead. really i died of laughter and swam in the ether staring back at us as we really are.. was i in the future..? i guess so.. but i was in the past too. katmandu man.. it was some crazy s**t i saw.. those aliens man. They know whats up.. i got a glimpse..”
“Really?,” … a voice.
“Yeah they put that f***ing probe in everyone who they picked up.. that thing has seen some sick s**t. .. brah.”
“like my new tribal tattoo?”
“hell yeah, i’m jealous man.. thankfully i just got a raised truck, so im still a sick brah too.. see i’m the kinda guy you wish you could be friends with..”
“they’d all be f***ing fascinated with every damn thing you’d have to say.. and those f***ing hippees … tooo.”
“i love hippies..”
i wish i was a hippie.. i’d stop wars man.. people would see me walking around at street markets and be like dude that’s the magical hippie that stops wars. don’t get in that dude’s way.. he’s gotta get to that next war and stop that s**t with his hummus and awesome youtube video links.

“Alright, peace.”

“Wait, not so fast.. are we still at the library?”

“Not sure…. Where’s the banker?”

“we could find him”

“there he goes”

They were off.

Den finansiella krisen illustrerar, anser många, att marknadsekonomins aktörer lätt gör fel när det gäller att ta risker. Det må så vara, men erbjuder nya regleringar hopp om färre misstag framöver? Jeffrey Friedman och Wladimir Kraus förhåller sig tveksamma till det:

One lesson of the financial crisis, then, is that regulators, like bankers, are human. Nobody can flawlessly predict the future, but regulators—like bankers and other businesspeople—have no choice but to try.

There is a difference, however. Competing businesses may pursue a variety of strategies based on divergent risk/reward assessments. … By behaving heterogeneously in order to compete with each other, capitalists spread society’s bets among a variety of ideas about the location of risk and reward.

Capitalists as a group aren’t smarter or better at predicting the future than regulators are, and when capitalists fall victim to the herd mentality, they may homogeneously converge on a mistaken prediction. This is a danger, but regulations aggravate it. Of necessity, a regulation homogenizes capitalists’ behavior. Prudential bank regulation, for instance, imposes one idea about risk on the whole banking system, skewing the various risk/reward calculations of all bankers in a direction the regulators deem safe. If the regulators turn out to be mistaken, as they were in 2001, they put the whole system at risk.

Tänkvärt.

Having been in business for nearly three years now I have discovered a few simple things to help reduce the costs to my business. Some of these simple tips have given me the freedom to do other things with my money AND my time.
1. Utilize Resources
Having one of the most talented web designers I have ever met as a close friend from college saved me thousands in web design fees. Kevin Krefting of Krefting, LLC has done most of my web work for a fraction of the cost of hiring a design company to do the work. I also employed the services of a my very talented sister, Aubrey Rager, to do most of my graphic design work and having a wife in Marketing/Advertising has saved me a bundle in that arena. Now I know that not everyone has the luxury of having those people in their toolbox but don’t be afraid to reach out to talented friends and family members to get things done!
2. Find Free Help
Your local SBA is packed full of very talented business minds that are just dying to bestow their life lessons on other people that are taking the leap into business. Attend free seminars, email trade associations, and you might be surprised how willing others in your industry might be willing to help you learn the ropes.
3. Swap Services
Legal fees are expensive. Office space is a large cost. Printing isn’t cheap. All of these services that you use have needs themselves. Perhaps you can get a significant break on your cleaning service by offing to clean other buildings for your landlord. Maybe your lawyer could use some graphic design work in exchange for some contract work or maybe your printer could use some IT help. Bottom line is don’t be afraid to ask and you might be surprised to find out how easily you can cut your costs down by swapping your products or services to others that you rely on.
4. Get Testimonials
Get great testimonials from your clients and, with their permission, share them on your website, blog and brochures. It’s always best to ask a client for their kind words immediately after you have satisfied their needs. Photos to go along with your testimonial can give it some pop!
5. Get Support From The Businesses You Use
You banker, lawyer, real estate agent, broker, and insurance agent have a plethora of contacts. Ask them to help spread the word about your company. After all, the more your business grows, the more help you will need from them to keep it going!

Start Small. Think Big. Grow Fast.

Gabriel

Religion, Nationality, Rich & poor were a universal categorization/ bucketing that existed from centuries, but we have successfully managed to take it to higher (actually lower) levels.

If we look at ancient India – we had the caste system (bucketing people into different [if I can call it] verticals, which stuck to a person from birth till death – An endogamous group. Each of these verticals could have been created based on the occupation/ economic & social class that a family belonged to. The ‘learned’ may decry this definition) that has split us wide open as a society. We called ourselves ‘Northies’ and ‘Southies’ (grammatically it could have been Northerlies and Southerlies, but since our average adeptness at the language is low, we have accepted it) based on which part of India we hail from.

I remember when I was a kid, there were ‘non-vegetarians’ and ‘vegetarians’ and ‘pure vegetarians (ones who don’t even feast on eggs)’. There was also the ’state-syllabus’ and ‘central syllabus’ classification of us kids who went to school. As if it was not enough, I was also a ‘Brahman kid’ – caste hit me early, but thankfully it was from the society rather than my own family.

I grew up to become a ‘comsci grad (one who is an engineer in Computer sciences)’ from ‘VTU (from colleges associated to a roughly 50000 student strong University in Karnataka).

Over time, when on campus in IIMB, we celebrated the fact that we were ‘bongs(Bengali)’, ‘Tams (Tamils), ‘Mallu (Keralites), ‘Digs (Kannadigas)’, ‘Gults (from Andhra)’, ‘Punjabi’, ‘Dig-Tam (a compromise that occurred between a Kannadiga and a Tamil), ‘Gult-Dig’, ‘Gult-Tam’ and ‘Northies (from all remaining North India captained by Delhi, UP and Bihar). This was a very new concept for me (I have been ignorant). We as a nation believe in ‘Unity in Diversity’ while ironically, we first divide ourselves. We love to mask it as ‘an evolved society who identify that there are inherent differences, yet tolerate each other’. What is true in this mask is that we are inherently different.

After touching a slightly emotional issue of regionalism (we have different levels of fanaticism about this issue), lets move to professions. To be 1 of 180 merit seats who made it to IIMB in 2007, one had to beat .2 million (roughly) in India (Don’t we love that stat?). But, even before the famed summer placements arrived, we were bucketed as ‘IIT (an undergrad from the IITs – even if it is textile engineering)’, ‘NIT (even if it is the one where an ancient, mythical battle was once fought), ‘IT guy (if one worked in Technology before coming into B school)’, ‘fresher’, ‘fin guy’ etc. Post summer placements (which is a ridiculous process of selection as interns by companies), guys picked by a marketing firm become ‘marketing gurus’ (the selection process is actually based on trivial things like which was the last movie one watched) and those by banks – ‘bankers’ (I will resist saying what guys picked by a top management consulting firm are called).

The matter doesn’t end here – after we finish our B school education from the best schools in India, and when we join our jobs, we are again ‘typecasted’ as ‘process consultants’, ‘IT’, ‘banker’, ’strategy consultants’, ‘deck makers’, ’soap sellers’ etc. I agree expertise in a job function is a function of your past experience to an extent. There is also this concept of ‘India consultant (meaning lower price/hour for his services because he/she is specialized in India)’. Maybe this categorization is extreme in India because of the excess supply we have of individuals of average competence. Wasn’t an MBA program from a B school just meant to change the way one thinks about business problems? Where is the incentive for alternate thinking if all one is bothered about is whether you are a ‘DML (guys who make it to the Director’s Meritorious List in an IIM)’ or because you ‘did BA in psychology’ or that ‘you studied in a Dubai school’ which gives you a ‘uniqueness’ factor. It is ridiculous, but true.

So, I for one have been bucketed all my life and so will you, if you are in India. So it doesn’t matter if you are passionate about something here – you must fall into the right buckets to reach your destination.

On a lighter note – I am a ‘brahman’, ‘vegetarian born’, ’state-syllabus’, ‘Southie/ Madrasi’, ‘Dig’, ‘bank summer (lets make it a new noun)’, ‘B2B consultative sales guy’, ‘non-IIT (ooo i am such a handicap), ‘VTU’, ‘non-DML’, ‘Indian MBA’ – I am so ruined.

Now..What buckets are you in?

På väg hem från ICA pratade jag med min fru. Jag hade en tanke om en statlig minnesbank. Poängen var att jag som förälder kan ladda upp bilder, videoklipp och texter med mer. Man väljer sedan fritt för att minnesbanken skall bränna allt på skiva och skicka till den anhörig man valt. Eller om jag som far skulle dö. Då har jag fört över hela min historia till mitt barn på skiva. När min far dog som hemlös i Tampa fick jag ingen respons från amerikanska myndigheter. Det kallar jag brist på information särskilt i ett land som jagar terrorister. Fast USA har ingen moral, de började tidigt slakta indianer. Jag får en känsla av att människan instinktivt vet att det vi håller på med idag leder till undergång. Människan saknar en framtid. Om känslan vore tvärtom skulle år 2009 var en tid med magiska teknikframgångar. Istället föder svenskarna allt fler barn trots enorm arbetslöshet. Vi vet att undergången är nära och garderar oss med många barn, någon måste ju överleva.

Det är ett negativt kretslopp:

- Människor föder mer barn än någonsin. Hur ska jorden klara av sopbergen som växer?

- Det dör människor i svält och sjukdomar. Märkligt, det är 2009 och jag trodde vi kommit längre med dessa problem!

- Företagen förbrukar jordens resurser. Trots att vi alla fått rapporter om jordens globala uppvärmning. Och även om det inte skulle stämma så skadas inte jorden av att vi försöker!

- Genom den samlade fattigdomen minskar kunskapen om saker å ting såsom biologi, teknik, kemi, matematik och fysik!

Jag har bara radat upp enstaka problem som känns misströstande och ger en mörk framtidstro.  Vi måste ta bort kapitalismen helt. Företag skall förbjudas tjäna pengar på jordens resurser som verkligen tillhör oss alla. Alla stora industrier måste stängas helt. Importer av mat skall avslutas. Varje land skall producera sitt eget upphälle. Handel med andra länder skall enbart handla om statliga byten. Med stål får man apelsiner., med mjölk får man bomull, etc. Vapenindustrin skall skrotas totalt och varje land skall ha sina förbundsförvanter vid en attack, inget enskilt land skall känna sig försvarslöst. Ingen människa föds ond och för att minimera möjligheter att snedvridna människor formas skall det läras ut etik och moral i skolorna. Alla jordens religioner skall inte ha någon somhelst politisk koppling. Religion skall vara en hobby som skänker glädje och kärlek. Inte användas för att rättfärdiga mord på andra. Som mål är att religioner helt skall suddas ut och ersättas av att livet är underbart att leva.

Det är denna framtid jag ser, men är väldigt ensam. Frågan är om du fortfarande vill leva ditt liv där banken och kapitalism styr ditt liv.  Snart är det 2010. Vissa skildringar i sci-fi filmer har kommit längre i utveckling. Jag vill inte få folk som läser att vi ska leva som i stenåldern. Det jag menar att vi måste åsidosätta våran obekväma livsstil som faktiskt inte är så bekväm med att ständigt leva i skuld till banker och oseriösa företag som producerar skit, cyklar som går sönder efter några år, mat med onödiga tillsatser. Lägenheter som ombildas till bostadsrätter och till slutligen ägs av banken, mycket smart drag av någon ekonomprelle. Han måste ha tänkt, jag vill äga många fastigheter, hur ska jag göra då. Jo låta folk ta lån och tvinga dem betala ränta på en lägenhet som varit deras sedan barndomen. Framtiden är cash, och människan kan inte med kärlek i sin hjärtan tro på pengar. Människan är mer än så, vi människor måste tro på en framtid utan våld, krig och svält. Jag tror samhället måste rannsakas, alla alternativa miljösäkra återgärder måste vidtas direkt från och med nu. Annars kanske det är försent om det nu redan inte är det.

Heute mal einfach nur eine Wahrheit – ganz ohne Belege:

Opel bettelt um Hilfe, Banken gehen Pleite, die Wirtschaft bricht zusammen. Und wo bist Du???
Du lümmelst auch in dieser schweren Zeit weiterhin beim abgehalfterten Präkariat herum, hilfst irgendwelchen Vorstadtproleten dabei, ihre Katalogschulden zu tilgen, Ihre Flachbildschirme zu leasen und ihren Mietrückstand zu begleichen. Du begibst Dich weiterhin in die Niederungen des Kapitalismus, bettelst Verwandte und Bekannte Deiner Klienten um ein Almosen an, kriechst bei irgendwelchen Banken und Versandhäusern zu Kreuze, flehst um Kredite, um Verzicht auf ausstehende Ratenzahlungen, um am Ende doch nicht zu wissen, ob die Menschen, denen Du so selbstlos hilfst, es schaffen, in Zukunft besser mit ihrem Geld Haus zu halten.

Doch nun Peter, nun ist es soweit. Deine große Stunde könnte gekommen sein. Ich warte Woche für Woche auf die Sendung „Raus aus den Schulden Special: Peter Zwegat rettet Opel“. Und das wird nur der Anfang: Woche für Woche kommen neue Unternehmen und Kreditinstitute hinzu, bis am Ende der Staat selbst von Dir entschuldet und errettet wird.

Wenn Du wirklich so gut bist, dann lass die Menschen die Dich jetzt am meisten brauchen nicht im Stich. Du könntest alles erreichen, Du könntest der alleinige Begründer einer neuen Weltwirtschaftsordnung werden. Banken, Versicherungen, Autokonzerne und sogar die kleine Trinkhalle um die Ecke. Du wirst sie alle retten. Ich weiß es. Auch wenn Du in Deiner unendlichen Bescheidenheit bislang nur den Menschen geholfen hast, um die sich sonst niemand kümmert. Den Ärmsten der Armen, am Rande der Gesellschaft, die sich von zwielichtigen Geschäftspraktiken haben in die Verschuldung treiben lassen. Jetzt ist die Stunde, in der die ganze Welt Dich braucht.

Wer sonst verfügt über Dein Wissen und Deinen Sachverstand?

Auch wenn Du noch zweifelst, im Angesicht der riesigen Aufgaben, die dort auf Dich warten, am Ende wirst Du bei Arcandor, Operl und bei Märklin deinen dicken Edding schwingen, wirst dafür sorgen, dass von nun an vernünftig gewirtschaftet wird. Du, Peter Zwegat, wirst derjenige sein, dem die Kinder kommender Generationen einstmals in Dankbarkeit ergeben sein werden, wenn sie mit ihrer Märklin-Eisenbahn spielen können.

Du kannst alles erreichen, die Welt befreien, von Gier und Unvernunft, du kannst Finanzminister werden, ach was, Bundeskanzler, nein, -präsident. Was sag ich? König, Kaiser, ein neuer, unfehlbarer Herrscher, ein neues Gottesgnadentum der Finanzheilligkeit. Wirtschaft, Gesellschaft, ja sogar die Religion, alles wirst Du in Deinen Bann ziehen. Du bist der Erneuerer, der Einkaufs-Erlöser, der Markt-Messias, der Piepen-Papst.

Ja, Peter Zwegat, das alles mag jetzt verwirrend klingen, es mag Dich verunsichern, doch am Ende, das weiß ich, wirst Du Dich der Herausforderung stellen und eine Welt erschaffen, in der das Wort „Schulden“ nur noch in Geschichtsbüchern zu finden sein wird.

Peter, ich glaube an Dich!!! Es lebe der Zwegatismus!!!

Access to credit can mean the difference between life and death for many businesses. The financial crisis has caused a great deal of change in the banking industry and, unfortunately, this can mean trouble for many businesses. Ask yourself a few questions. Does it appear that your bank is being very cautious about credit commitments? How does your bank decide credit issues? Do you know the risk rating assigned to your company by your banks regulators? What can you do in these uncertain times to improve your chances of getting the credit your business needs? The answers to these questions can dictate the survival of your company.

Commercial banking has changed a great deal in the past couple of years. Financial institutions now see capital preservation as a primary factor in doing business. Many banks use some form of profitability model to determine whether or not a customer adds to or subtracts from existing capital. One common method is called the Risk Adjusted Return on Capital (or RAROC – pronounced “ray-rock”). Essentially, the bank will assess how much a customer brings to the table with interest revenue, fees, and deposits. These are capital additions attributable to the customer. Financial institution regulators require a bank to set aside more capital as a reserve when the risk of loan default increases. As the customer’s profitability and cash flow becomes impaired and more capital must be reserved, the bank is forced to reduce its available capital. The loan loss reserves coupled with any specific costs associated with the relationship are capital reductions. The bank knows how much capital is required to run the business, so this type of profitability model allows the bank to calculate the relative contribution or cost a customer creates.

Knowing how the bank calculates the value of your relationship can be very important. When a line of credit is renewed, it often will pass through a credit committee of some type within the bank. Depending on the amount of the credit, the review may be limited to several credit specialists or it may go to a formal committee with numerous bank officers and in-depth debate of a customer’s financial position. The key to successfully navigating this process lies in preparation. Your banker will put together a package providing information to the credit committee on relevant factors supporting renewal of the credit line. The more he or she knows to support a positive decision, the better your chances. Prepare a written business plan using realistic assumptions and trends. Accurately project your capital needs and cash flow. This meeting is one of the most important that your business will be involved in each year, so make sure that the bank has the best information that you can provide.

What does this mean to the finance executive in business and industry? It can explain why some banks, particularly the larger ones, are focused like seldom before on interest rates, fees, deposits, etc. It can also explain why that drop in cash flow or recent loss on the financial statements from last year is apparently now a much bigger concern than had been anticipated. Many bankers believe that the best way to mitigate problems caused by any downturn in your business is to communicate openly and frequently. Make sure you monitor every covenant required by your loan agreements. If you believe that a covenant breach is likely to occur, be sure to discuss this with your banker as early as possible. Bankers hate surprises. If brought to the banks attention early enough, it is possible that a covenant waiver can be granted by the bank. Although a waiver fee may be assessed or the interest rate may be adjusted, these options are preferable to a loan violation leading to default.

Your best interest will be served by knowing as much as is possible about the banking business. Understanding the bank’s regulatory environment and how banking decisions are made will allow you to put yourself in the banker’s shoes. You know your business better than anyone does. You can improve your chances of getting the credit you need if you can anticipate what the bank will need for good credit decisions. Working collaboratively with your banker to get the most from your relationship is usually the best way to ensure positive results.

Most bankers do not take the time to stay current on accounting issues like XBRL and IFRS. Adoption of both XBRL and IFRS will have major implications on financial statement reporting, and bankers have to understand the changes.

XBRL (eXtensible Business Reporting Language) requires a standard format for all financial statements, so tags are used to map individual general ledger accounts to the pre-determined format.

IFRS (International Financial Reporting Standard) accounting rules represent a generally uniform global approach to capitalization, revenue, and expense recognition. The Securities and Exchange Commission recently reaffirmed its commitment to a convergence of US GAAP to IFRS [1].

Commit yourself to learning the accounting issues that your banker needs to know. Offer to provide the information to your banker as a professional courtesy. I can tell you from experience, the benefits can be well worth the effort.

For a more in-depth discussion of how to be more important to your banker, see the following profile from Cfo.Com:
http://www.cfo.com/article.cfm/13131183/1/c_13131494?f=home_todayinfinance

Footnote:

[1] http://blog.ifrs.com/2009/09/sec-breaks-silence-on-ifrs.html

If you ever have the need or desire to learn the true meaning of money – look to the man behind that very concept .  With credentials far too impressively lengthy to list, Frank J. Hanna III has a vast amount of knowledge on the meaning of money.

Frank J. Hanna III, A leading Catholic philanthropist, entrepreneur, co-founder of the Solidarity Foundation, and author, clearly lays out the meaning of money in his new book, "What Your Money Means and How to Use It Well." The book presents Hanna’s perspective on healthy attitudes towards money and his advice about philanthropic strategies.

Frank J. Hanna, III is not only a merchant banker in Atlanta; and CEO of Hanna Capital, LLC but is also heavily involved in philanthropic ventures.  Hanna’s religious philanthropy is a model for donors of many faith traditions. He has helped found three Catholic schools in Atlanta, is a national leader in school reform, and his philanthropic work and pioneering efforts helped produce Georgia’s first charter school law. Frank J. Hanna III has even served on the President’s Advisory Commission on Educational Excellence for Hispanic Americans. Frank was honored in 2007 by The Philanthropy Roundtable as the recipient of the William E. Simon Prize for Philanthropic Leadership.  Mr. Hanna is also the founder of the Solidarity Foundation, which has been instrumental in many charitable efforts. Among other efforts, He is a trustee of the Papal Foundation, which supports worldwide charitable endeavors under the direction of the Pope. He also donated the world’s oldest extant copy of the Gospels of Luke and John and then gave it to the Vatican.

Frank Hanna III is a man of values and practices what he preaches in his everyday life, he continually gives back to the community; he is a former Sunday School teacher and has coached Little League soccer and basketball.  He received his BBA and JD degrees from the University of Georgia. Growing up around his father’s real estate business help prepare Frank for the business world, which proved to be a good foundation for his many business achievements; including: Serving as CEO of administrative services firm HBR Capital, Ltd. since 1992; CEO of investment firm Hanna Capital, LLC since 2006, Director of the Atlanta-based CompuCredit Corporation since 1999; and he was one of three entrepreneurs profiled in the Acton Institute’s documentary film, The Call of the Entrepreneur.