Two money speculators
Correct me if I'm wrong.
Two currency speculators were having dinner at the same table in KL last night.

MONEY SPECULATORS... Winning big and losing big but whose money?
One is Soros, who used his own money and hedge funds to speculate in the global currency market. He won some and he lost some, but big time.
Today, he has retired as a market player and become a legendary self-made billionaire. With a net worth of US$8.5 billion, he is ranked number 27 in Forbes' list of 400 richest Americans in 2006. With the money, he founded a network of philanthropic organisations that have in total donated more than US$5 billion over the past two decades.
The other is more at home. He used as much as RM30 billion of tax payers' money and colossally lost it all in the Bank Negara's forex scandal between 1992 to 1994.
The chapter has not closed as the money has never been accounted for.
Ten years later, in 2004, the same Malaysian-born money speculator, aka Top Cat, was made a Finance Minister.
Mind you, he is still calling the shots for someone higher who is calling the shots from the back.
I took those pictures last night and, come to think of it, it actually spoiled my dinner that Francis Yeoh has tried hard to impress the crowd with.
More pictures of Soros' dinner talk in LensaMalaysia.
Comments
Make me sick as a Malaysian, pardon me while I go and throw up!
Posted by: cyleow
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December 16, 2006 08:38 AM
One guy donated US$5 billion and Dr M think he is a CROOK while the other screwed Malaysians of RM30 billion and got away with it... go figure! I cry for you, malaysians!
Posted by: cyleow
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December 16, 2006 08:41 AM
Like it or not, somebody got to do the dirty job. In this case is your turn, spoiled dinner or not...
Posted by: twotablet
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December 16, 2006 09:04 AM
So who was the genius told Mahathir that Soros was behind Malaysia Financial crisis?
So all these years I believed the governemnt and our "free" press (I am not talking about FOC "The Sun" paper) that our financial screwup was because of the Jew Soros.
Now suddenly he got enlighten as to who wasn't behind the crisis.
I am sure if TM starts to talk he will find more and more enlightenment on so many things.
Posted by: LittleBird
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December 16, 2006 09:36 AM
Well put, Jeff. At least Soros used his own money. The record of our Finance Minister is not only limited to currency speculation. He had a hand in a few PLC's that has gone bad. After he left Bank Negara (fainted when told about his dismissal) he dabbled in a few companies and these companies later were found to have ran foul of the law.
As for Francis Yeoh trying to impress, I guess he must have picked up the tab for the dinner. He can, because we are all still paying the highest rate for his electricity, thanks to good old "uncle mahathir" who rewarded him the IPP on a silver platter.
LJ
Posted by: longjafaar
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December 16, 2006 10:29 AM
I'm narrating a fictional account that may have some relation to reality.
It happened on Dr Nose I-land long long time/dime ago.
The VP of the isle, a happy go-lucky chap, was chanced upon by his Boss one Monday morn, and Mr Prez asked of the assistant why he looked so happy.
Smiling, the VP replied: I was thanking the Good Lord for the blessed life I live. Just now on thy entry, I was still savouring the happy memories of all the young maidens i had screwed, all thanks to my superior position!"
The following morn, not mundane being Tuesday, VP entered Boss' carpeted Red House penthouse and, sirprise of surprises, caught Mr Prez in his smiling pose. He was loonking at the map of their I-land.
"Hey, Boss, you look chirpy today, what's UP?"
"Oh, my deputy, just as you entered I was looking at this map, and I was and still am so happy that I am lord of all I survey.
"I am especially happy for all my people that they rem,ain in the dark about how I screwed UP the 'hole country the lust decade!"
PS: Any resemblance to personality dead or alive is merely the reader's pigmentation of his/her elevated mind, NOT mine.
Posted by: desiderata
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December 16, 2006 10:47 AM
It is no possible for George Soro to play alone in the 97 games. He invite many friend to play the game. Same thing happens in the pound sterling game in 92-94
However, a "smart" man try to play the 92-94 games using "My Way". And not to forget "My-way" of cornering the world tin market that fail miserably.
Posted by: moo_t
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December 16, 2006 11:18 AM
It looks like a glass of nice red wine he was having ;P
Posted by: chee
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December 16, 2006 11:27 AM
LittleBird,
I assume you did not mean ti this way, and I expect some people to not like or agree with what I am saying but the statement you made above was a biot racial in the since you said "the jew Soros" when used in that contect (which really is not the same as sayign the American so and so, or the something)P is a racist comment, what does his being a Jew have to do with anything, why nto just say the American Soros, or the man Soros, why must his ethnicity be said, that would be the same as me or someone else saying that Malay Abdula. Just my thoughts, even though I am not jewish, I felt offended by that comment.
Posted by: rmo
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December 16, 2006 03:07 PM
Dear rmo,
Me?..was once ignorant of what a Jew really meant till somebody started to sow the seed of hatred towards them for blaming all the crisis in the world.
So suddenly if some one claims to be enlighten by a mere one to one chat for an hour, are this person going to apologise to anyone for unnecessarily dragging in a race being the cause of all the problems. It is the same thing as one started to preach that Chinese is taking advantage of Malays(UMNO) division etc..etc.
I have never seen anyone thru the lens of race, religion, status. All I knew was good and bad.
But thanks to our leaders, past and present, for looking at problem along racial line.
It is as same as someone blaming "a malay abdulla" (quoting you). I am not a racist and never can be one but hoping the person who sow the seed of unneccsary hatreds towards another race should own up and apologize. Should we wait for nine years more?
Posted by: LittleBird
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December 16, 2006 05:36 PM
LittleBird,
First I neverf claimed you were a racist, nor was I trying to imply such a thing from one tiny statement in your text above. I also said that you probably did not mean it in that way, however just becuase one may not mean it, one may not also realize sometimes they might say something slightly off and therefor no harm is meant when it is pointed out. As many times people have pointed out to me at times when I have made a comment or two. However by the "way" you said it it did in fact make it a slur, same to if it had been implied in the same manner with most any other races, if one was to have said the Black Jessie JAckson, or that Jap... IT is not that the word Jew is bad, but in context, if said he is a Jew...that is normal but to say: that Jew Soros or the Jew Soros is considered a deragatory comment, same if I was to say that Negro Jackson. I do not wish to get into a discussion of races or racist problems, I was simply stating a point about one line of text in your otherwise decent comment above. However, all to often here in Malaysia many of us do make comments which do come across a different way in which we meant it to as well. I meant no harm in what I pointed out, perhaps you did not either, thus let us let it drop there. Jeff I do apologize for being way off target here, did not mean to.
JEFF OOI says: I am saddened that after taking so much trouble to come out with a set of rare pictures of juxtaposition -- the two types of currency speculators -- and the blog context is lost in semantic squabbles among my esteemed readers. i GIVE UP!
Posted by: rmo
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December 16, 2006 05:48 PM
wah...isn't that the guy who lost RM30bn in Bank Negara forex scandal?
Melayu mudah lupa....
Posted by: freelunch2020
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December 16, 2006 10:03 PM
at least that guy doesnt look like UMNOputra.
but why gamble with our hard earn money?
at least buy bonds lah, knowing that forex has high risk.
Posted by: Life Feel
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December 16, 2006 10:07 PM
wah...isn't that the guy who lost RM30bn in Bank Negara forex scandal?
Malaysians mudah lupa....
Posted by: freelunch2020
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December 16, 2006 10:08 PM
Jeff, my fault. I let my thoughts to be strayed from your previous entry - Mahathir-Soros: Common ground for global peace.
Cheers!
Posted by: LittleBird
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December 16, 2006 11:03 PM
why not forex? if made huge profits get huge bonuses! of cos he lost and why worry? that's how things work in Malaysia. You get govt getting into contracts that favored the private comps rather than protecting the taxpayers' money. Make profit good, make losses gets bailed. Like that any kuchirat also can be a bizman and forex trader.
Posted by: groo
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December 17, 2006 01:03 AM
How easy it was for Dr. M to say that it was not Soros to blame for the 1997 financial crisis. What next? Anwar Ibrahim is not a homosexual?
Posted by: alazaruss
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December 17, 2006 02:05 AM
Wasted. It is all wasted when it could be good aid for the needy and unfortunate people. They are still waiting for help while sources that could have been better off spent for folks' welfare got wasted and generously forgiven and forgotten.
Posted by: canary
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December 17, 2006 02:08 PM
one guy bet big money on the pound to go up and the other bet the other way. So Soros got our money and he has decided to give it away. But I wonder to whom he has donated all that wealth we gave him to?
In Malaysia, if you screw up big time, you get promoted. If you sacrifice your life for the love of the country, you get screwed up.
Posted by: sydput
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December 17, 2006 09:18 PM
just take it as a test for us and hey, we did survived rite? and if not for that, we do not know that our previous PM is so 'power' to stabilise everything back.
just forgive this guy, he's a foreigner, we doesnt have to care about us. but concentrate on our countrymen, who took our money for some useless project which does not benefit us.
Posted by: lovehurts
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December 18, 2006 10:57 AM
I still remember a river in Jakarta, red with blood.
Posted by: Jefus
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December 19, 2006 07:25 AM