Saturday, May 9, 2009

the entry about a short getaway

i am on my way for a short vacation and i am at the lift lobby of the airport when i see this gentleman jamming the lift button repeatedly. voila, under the veil of false impression, he assumes the elevator would come up to our floor faster than it originally might have. it puzzles me as to why some people, myself included on blonde/brain-comatose days, would actually think such methodology works. it's almost as perplexing as how come some people would make a desolate mad dash to board the aircraft at the earliest possible count, only to attempt squeezing through the rest of the passengers along the constricted aisle upon landing. vexing much?!

anyways, insolvency of banks seem to be the phrase du jour, according to the papers i am thumbing through. well, i didn't really ace in finance studies during my varsity days, but it sure as hell doesn't sound like good news to me. first, bailout plans were rolled out. now, more than half the banks in the u.s. are insolvent. what next? (trying to sound a little quick on the uptake here but guessing i am failing miserably.)

the genteel voice over the public announcement system signals its time for me and my ass-plonked-on-cushy-couch-for-longer-than-necessary to board the plane. till the next entry, which should be in two weeks' time from now!

p.s.: i hate twitter. it's for people with way too much time on their hands and a mere outlet to express verbosity. anyone up in arms with me on that?

21 comments:

Lek said...

Another holiday? Wow, you sure are so free these days huh.

Well, not that half the banks in the US is insolvent. I reckon you must be pertaining to the stress tests results, am I right? The tests, as the name connotes, are meant to estimate the amount of capital that banks need to keep running under certain simulated worst-case scenarios, hence, the term "stress". It's an analogy to "acid-test ratios" used in financial analysis. And because these are simulations with assumed probability and statistical distributions, it does not automatically mean that the banks will in fact undergo the stress conditions used in the tests. It's a way of addressing a "what-if-then-what" situation. Hence, as the news states, in a worst-case scenario (which may or may not happen), 10 of the largest US lending banks will need buffer capitals to the tune of US 75 Billion. :-) OK, enough of the lecture. Enjoy your break (and it's just one of the many you've recently had)!!

Anonymous said...

i am so envious, and you're so cute!!!

Anonymous said...

You have my arm (literally, that is). Have a safe trip, yeah. Look forward to hear about your vacation!! Haha

jnkl said...

agree with you..twitter=no life.

tyc said...

have a good trip overseas!! =]

steve said...

happy belated birthday! From the content of your last post regarding shagging neighbours, have you moved out?

chaos said...

Wow, your trip just started while mine is ending soon...haha

Enjoy your trip and take care of yourself!!

ting-tong said...

I think people who rush into the plane usually bring hand-carry luggages and are afraid that there are not enough overhead cabin space for them to store their extras... Some are just being KS... ;)

jnkl said...

hey..ever been to dempsey hill Ben's and Jerry? it's a nice place to chill out though...happy vacation-ing! =)

jnkl said...

hey..ever been to dempsey hill Ben's and Jerry? it's a nice place to chill out though...happy vacation-ing! =)

iruffcookiedough said...

(lek) thanks lek for the brief but enlightening lesson. anyways, this really goes to show i am really not good in this area. haa!

(anon) i am so flattered, thanks. truly. =]

(candleprince) where's that arm already? i've been waiting for two days and two nights!

iruffcookiedough said...

(jnkl) that's a no-brainer. hee. =] agree too!

(tyc) i will definitely make the best of my time here overseas.

(steve) nope, i haven't. am still at the same place where you last peeked. coming back to singaporea anytime soon?

iruffcookiedough said...

(chaos) china must be quite fun too, i am sure. see you in singapore soon!

(ting-tong) yeah, but at the end of the day, they don't really save much time with all the extra ks-ness. my grief with that: just get in line and be patient.

(jnkl) yup yup, been there a couple times already. it's a nice place. therapeutic, nice AND expensive!

chaos said...

it is!! shanghai nice place to shop as well...haha..pity my last day here :(

which part of the world are u in now?

yup, seeya in Sg soon :)

iruffcookiedough said...

(chaos) lai ri fang chang. =]
see you in singapore soon too. take care meanwhile

jnkl said...

so des! which part of the globe are you at now? enjoying your vacation?

Anonymous said...

ah des,

dont forget my B'day gift from SH.
am B'boy in May too :D

km

Rex said...

rolling by...

fufu said...

hey buddy! long time no see.... so where had you been huuh?? show us the nice pictures of the places and of course with you in as well =p miss you pictures so much!!!

jnkl said...

rotting by here. =) see you around des! =)

Anonymous said...

i'm on twitter biatch!