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Financial Crisis - Find Out Who Wanted This Crisis

Financial crisis - find out who wanted this crisis Posted 19 November 2008
The financial crisis is not going to leave people's mind for a very long period of time. But, these times know people who, just as the great magician Houdini, were able not only to extricate themselves from the established situation, but also earn some profit from this.
The London Times published the list of these 10 lucky guys:

1. Andrew Lahdne, manager of hedge fund, located in California, who earned 888% of profit in the previous year, when the company Lahde Capital started a game against the American assets on the real-estate and mortgage market. This year, in September, Mr. Lahde earned so much, that he closed totally his business and retired.

2. John Polson, hedge fund manager, New York. In the current year he outwitted Wall Street and earned $2 billion on playing against the securities related to the real-estate market.

3. Barack Obama, the election period concurred with the financial crisis. In the result, Obama blamed the Bush administration for this crisis. Americans are easy to be manipulated and he managed to win the elections, mainly do to declaring a rigurous fight against the crisis.

4. Gordon Brown, UK Prime Minister. A few months ago he was on the blade of the knife, while now he is taken as the hero - the bank saver.

5. Ronald McDonald. While many restaurant networks are closing due to insolvency, the fast food McDonald's don't manage to count their revenues. This year, McDonald's registered an increase of 2 million costumers monthly in comparison to the previous year. Besides, due to this growth, the company envisages to open 4 thousand more workplaces.

6. Karl Marx.All the libraries in the world have sold by 300% more books with Karl Marx's ideas. Library owners explain that as follows: "We have a new generation of readers who were shocked by the financial crisis and who are obliged to admit that the neoliberalism is a false dream".

7. Jamie Dimon, Executive Director of JPMorgan Chase. With over $900 billion deposits, JP Morgan Chase is currently the biggest American bank after it purchased Bear Stearns and Washington Mutual. On the background of the crisis, the company personnel, including Dimon, has received a $1.15 billion bonus, and are expected to get more by the Christmas. Moreover, Jamie Dimon will become the Minister of Finance in the USA.

8. Lawyers of the juridical office Magic Circle, who's desks are full of lawsuits documents such as Clifford Chance, Linklaters and Allen&Overy after after Lehman Brothers went bankrupt. Now certain lawyers want about $1.5 thousand per hour for consulting on the issue of bankruptcy, insolvency and payment restructuring.

9. Emily Botin, representatives of the Spanish bank Santander. This bank gained on bank business and not on mortgage and due to firm position and attitude towards "exotic" investments. It is now one of the five biggest banks in the world.

10. Bart Beht, CEO of Reckitt Benckiser. It's the largest producer of cleaning agents (including Cilitbang) earned profits of $600 million. Obviously, the success is due to the fact nobody can leave the dishes unwashed.
Maximus
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