Archive - Oct 19, 2008

Financial Meltdown

While some blame the greed of Wall Street investment bankers and the dangers of a totally unregulated system for the current financial crisis, what can't be denied is that lives, and lifestyles, have been suddenly changed across the social spectrum and careers built up over a lifetime have vanished in an instant.

Flashback to year 2003:

Extra Marital Affairs

The 1st Affair:

A married man was having an affair with his secretary.

One day they went her place and made love all afternoon. Exhausted, they fell asleep and woke up at 8 PM.

The man hurriedly dressed and told his lover to take his shoes outside and rub them in the grass and dirt.

He put on his shoes and drove home.

"Where have you been?" his wife demanded.

Tech's Highest paid young CEO's

Topping the list of highest paid CEOs is 43-year-old Nabeel Gareeb of Pakistani origin, CEO of chipmaker MEMC Electronic Materials since April 2002 with a total compensation package of $79.6 million.

Gareeb joined MEMC as CEO in April 2002. Gareeb's appointment came after Texas Pacific Group purchased the company from its German owners in 2001 and recapitalised the business.