Board of Business

How is the economy today? From the aspect of stock value, it becomes worst because Dow Jones index are depressed into nearly 6,000. Really low value comparing of the fact last year it stayed on the 14,000. It is the time for G20 to prove their dignity in helping the world to recover from economy crisis. We can see how they act in the G20 summit. As we can see in many news sources, the rich and developing countries announced at Saturday that they will do whatever is necessary needed to fix the global economy. This is really hard action because they are also including supervision of freewheeling hedge funds and the important action such as restoring bank lending by making good consolidation. We all know the power of G20 countries and so on we can put the wish on their summit. Many people are boring with the economy crisis because it has been happening almost a year and lots of people are suffering because of the economy crisis effect until today. Even the new president of United States still need time to realize what he was campaign for, the change of development. Recovery needs time and people need to be patience by following the steps.

AFP

From hero to zero, that is the fact that we can see from Bernard Madoff, the most popular person in the world who has created biggest pyramid model business. He claimed to steal money from many persons or companies. The amount of money they have stolen is almost 60 billion dollar. It is really remarkable to see how he made good circulation of pyramid model in giant level. Now, in the really old age, he will be punished up to 150 years, which means forever for him because of his age. I still don’t know how he could do that mess which affect lots of people and even made a person to commit suicide because of lost his money. This picture below will be the place for him to be the place for his rest life. Many Jew organizations become their victims and it is really bad for him to involve their colleagues and end up in the mess. What I still couldn’t understand is how he could able undetected until the amount of money collected reach more than fifty billions. That was remarkable amount of money for a person to steal. I think he was able to do that because of his experience in monitoring any about stock market. It is really from hero to zero stories.