Tuesday, April 10, 2012

back to work...

Holidays over and it's back to work this week.  Actually I should not whine about having to work as many Americans are still struggling without jobs.  US employment data was out Thursday and March new jobs was very weak at 120,000 new jobs.  Markets globally are struggling to digest such a weak number.  Jobs - it's definitely going to be the most important 4-letter word in the upcoming election.

While struggling unemployed is nothing to be taken lightly, seems the old adage 'mo money, mo problems' is playing out here in HK.  Note the biggest story right now is the arrest of the billionaire Kwok brothers.  They are the boys behind HK's biggest property company Sun Hung Kai.  They're accused of graft and apparently the chatter is that their older brother Walter is the one who turned them in.  Estranged eldest brother Walter Kwok was ousted from the company in 2008 after years of conflict.  Urban legend has it that the relationship has been strained since Walter's 1997 kidnapping where the younger brothers may have been a bit slow meeting the ransom.  All very intense stuff.

Other bizarre news is that crazy Maryland lady who says she won the mega-millions lottery but lost the ticket.  Whole story is bizarre with allegations that the ticket was part of a work-place pool while she claims it wasn't.  It all sounds like one crazy lady's antics.  Actually, for her, I do hope it was all a giant publicity stunt because as someone who loses EVERYTHING - could you even imagine??

   

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