Friday, January 16, 2009

Banks Going Low, Low, Low, Low

That's right. As I'm writing right now, the shares of US banks like Citigroup and Bank of America are going down. So much so that leads me to think what will happen to the banks in Singapore? More or less affected by the situation in the US I guess. Just take a look at all the banks around the world. I went to research on the past records of these two US banks and found that they have dropped so drastically from exactly one year ago. Citigroup fell from as high as $30 to less than $4, whereas Bank of America fell from as high as $45 to the present $8, that's more than 80% each! This is madness! (This is SPARTAAA!) And why the hell am I still trying to get a banking job? Who knows I might get retrenched the very next day I join them.

I went to a job agency today because I was told by the consultant that she may have some banking jobs at hand for me. So I went down to the agency today just for a quick chat with her. Diaoz... Then just nice Weiyang had a half-day leave and was in Tampines Ikea, therefore he looked for me for a short meet-up. So I went back to Tampines to meet him for a drink at Mac. Saw his girlfriend's photo on his handphone. Looks like he found gold, based on what he told me. That's great! Nice to see him finally getting a girlfriend. When is my turn? Hahaha!