- Murphy's Law
With the recent turmoil in our political senario, I thought things could have been really really bad.
But after reading this, I could have guessed that there are more grave news yet to come. Barely one week has passed since the announcement of a USD5 billion bailout of Freddie Mac and Fannie May, and today, one of the reputable investment banks has filed for bankcruptcy. Another telltale signs of global economy crisis in the loom. Am I the only one who is having a very pessimistic view of the current world economy at the moment?
One may perceive it as a bad news, but for another, one could look at it as an opportunity, just like this one. I woudl not be suprised to see more companies buying into another ailing companies in the upcoming weeks. Its a shopping spree for the cash-rich companies out there!