5 Million Dollars. 10 Years. This is the story of my journey.
What does Lehman Brothers‘ bankruptcy have to do with wiping a huge part of Hong Kong and Singapore retirees’ life savings? Some of them may have never heard of this Lehman Brothers thing in their entire lives. For all they know, they just got sold these “safe” products that give slightly higher returns of 5% [...]
Scenario A: “They never gave me a chance to prove myself!” – An ex-colleague, after quitting his job following the umpteenth bad performance appraisal. “Sigh. What should I do with him? He can’t even do the small projects right. I can’t even give him bigger projects even if I want to!” – His (now ex)-boss, [...]
Dow plunged more than 500 points–its biggest point drop since 2001 terrorist attacks. Lehman Brothers filed for bankruptcy, listing $613bn of debt–making it the biggest ever in US history. How I wish I had read this Fool-ish advice and bought some serious put options on Lehman! Bank of America bought Merrill Lynch for $50bn [...]