Imagine someone would have told you two years ago that mid September 2008 unrivalled stars of Wall Street and international financial markets, e.g. Lehman Brothers, AIG and HBOS, are playing the blues on Wall Street after enjoying years of Viennese waltz. This week such international investors seek shelter as the current global financial gale leaves its mark on all parties. I guess not only your answer, but also the reactions of most analysts from Tokyo to New York would have been something like: "I have got a good gut feeling that you are insane". Such analysts would most probably have advised you to stop panicking and instead immediately to frequent your psychiatrist. Ironically, exactly the same analysts now may have a strange gut feeling and are seemingly at a loss to explain reasons for the sudden backlash in financial globalisation.
In the meantime, above New York, Frankfurt and Tokyo central bankers are steering helicopters with billions of Dollars, Euros and Yen trying to deliver relief by flooding the war chest of panicking financial intermediaries. However, in this situation a deep drag off the printing press does not seem to still the thirst for liquidity in financial markets. At this stage most analysts, including the ones with distinguished gut feelings, cannot get on grips with their animal spirits and are longing for a financial anchor.



May 30, 2009
George form California
Tests for Lower Ranks for various jobs include: urinalysis (drug screening), psychological testing, financial background check, driving record background check, criminal background check, education background check (yes they call or write our former teachers), security background check (they talk to our parents, friends, family, former employers).
The final test is they hire us under a probation period of 3 months to a year as a trial to see if they will want to keep us. During this time they can fire you at anytime for any reason.
American leaders (outside of the US Military of course) seldom if ever take these test or background checks.