Tuesday, November 4, 2008

Is Najib angry with Nor Yakcop?

Taking the cue from the comment by ben in my post entitled Valuecrap, I must say that ben's got a point.

I would imagine that Najib as MOF1 would have been excited and apprehensive about his first major outing as MOF1 when he made the RM5 billion-to-Valuecrap announcement.

Given that Nor Yakcop aka MOF2, was the bapa Valuecrap, MOF2 must have been the one who made the fateful suggestion to MOF1 that phase 1 of the Economic Stablisation Plan must be to use Valuecrap to prop up the stock market.

And, given the brickbats from the blogosphere and, now, from the likes of Lim Kit Siang and Tony Pua, Najib must be plenty pissed with MOF2.

I would be, if I were him. I'd give him a good imitation of Alex Ferguson's hairdryer treatment and, maybe even give him a cuff and, maybe, a kick in the head for spoiling a perfectly good first outing as MOF1.
http://img.photobucket.com/albums/v392/flipperific/PathofNeo_HeadSmack.jpg.
And, then, if I were him, I would give MOF2 a mop, baldi and Ajax Fabuloso to clean up the fan and everything else that the shit hit and, is hitting...if I were him (not that I would want to...I'd be frightened of RPK coming after me).

5 comments:

NEIL said...

Tell whoever he is to f..k off,don't touch our life saving just becos you want to prop up your cronies stocks.The billions of EPF savings must be safely handle so as to generate incomes for our retirement.

myop101 said...

haha...

good one... if it is me, i will make sure i give him the 5 feet away flying kasut treatment as well...

but on a more serious note, Najib said they will still go ahead with the loan. That is effectively showing to us how the Govt do directly intervene in EPF matters. so much for the investment committee assessment...

i will opt for the 3% reduction in contribution. i have lost whatever little faith i have left in EPF.

Anonymous said...

Listen you dudes I am going to say this just once.
Valucap's Bonds are maturing and they have to sell their assets to redeem the bonds. At a time like this(global economic crisis) it would be catastrophic if Valuecap starts dumping its holding now. The Bursa might fall to below 500 and there will be widespread panic in the market. Banks will start recalling loans and bankruptcies will follow. In short Malaysia's economy WILL COLLAPSE. Now you buggers don't want that to happen do you?

M. Chang

myop101 said...

dear M.Chang,

are you being silly or what? who asked them to sell NOW? they should have a program to sell since 2006.

the fact they didn't makes you wonder why right?

also, can't they beg again for mercy and extend another 3 years? but don't touch our monies...

so yes dude, stop thinking with 1 trackmind. there are more ways than one to skin the cat.

Anonymous said...

Valuecap took a copy from the Hongkie's text.

The Hongkie has since disposed off the shares with handsome returns to the taxpayers.

Meanwhile Valuec(r)ap still holds on to those shares with dear life! What takes?

Greediness or mis-interpret the the next chapter of the Hongkie's text?

Someone used to say that all the top grade minds, whether politics/economics, r all in the private sectors if not in the Southern Dot or oversea.

R we really having best-of-the-worst or 2nd-best running the future of Malaysia?

anomie