150 years after Madoff....

The headline read "Madoff sentenced to 150 years". Having lived and worked up all through his profession , this 71 year old Madoff was sentenced to 150 years in prison. The judgement made sure he will be out of prison in a coffin.

So what will happen 150 years from now to this breed of white colored criminals? They aren't deadly as the breed of terrorist we watch daily, but sure they can with greater intensity, ruin your and my life!

These white color criminals are a new breed of 'smart' adventurers emerging in this integrated world economy. These greedy,well connected business men and money makers are found not only in developed capitalist economies, but all through Russia, India and China.

The new economy provides with abundant possibilities of wealth accumulation and is throwing open opportunities never imagined a few decades ago. Risk is rewarded amply, and adventurers life Madoff can go to the extent of risking their life to accumulate wealth in billions of dollars. Compare this to the conquest of America by the greedy Spanish conquistadors. They were greedy and brutal . They conquered new territories risking their life. But if it were not them there was no America!

The white colored criminals like Madoff are no different from those adventurers in late 15th century. In this new world economy, integrated by money and trade, there will be a few caught and sentenced like Madoff, but many more still survive. These sure will go far enough to swindle money and wealth in even bigger proportions. And in the process bring more legislation and regulations in trade and economy. The good part is that there will be legislation to protect the low-risk takers and the bad is that these white colored criminal has just started their conquest of wealth and money laundering.

This is the lesson from Madoff's $65 Billion attempt and failure.

MJ's music

The news broke out that Michael Jackson is dead. Like for other, it surely took me to the Internet and other online media to know more...to know more about death; the death of his personality. His creativity had died a more than a decade ago.

Although I was not a fan of MJ, I was immensely an admirer of this genius's creativity that he flawlessly displayed in his music and dance. None can match that music. It was the music for a generation I grew up with.

Below is an excerpts from an article published in CNN- Jackson's comeback: What might have been, that sums his music and his life.

"Jackson's was a life and career of staggering talent and towering weirdness, and perhaps the ultimate cautionary tale of the perils of child stardom. We'll leave most of the saga for others to parse, but marvel instead at how Jackson is now something more: the ultimate story of the Hollywood comeback that was never to be -- at least not the way it was planned.
In business, as in life, Jackson did nothing in small measure. "

His music will live forever, and enthrall the hearts of millions more in generation to come. I just want to share the track that I liked the most.

Barack of Arabia

West Asia is a region united by faith and religion. While this substance of unity (read faith) is constantly eroding in West Asia, the initiative by the new US president in a way seems a welcome move. However, this move will also be a likely cause of extreme polarization in West Asia of the self proclaimed faithful on one side and proponents of democracy on other side. History has shown this is an explosive combination!
It is for time to tell the turn of events that will follow.....

Below is an excerpt of the article Barack of Arabia from Indian News Paper Livemint.com

"
US President Barack Obama on Thursday sought “a new beginning” for America’s relations with West Asia. He made an earnest attempt to reach out to a region where the US is much reviled. But we wonder if this earnestness will be reciprocated.
In a land that has seen little pluralism or political liberty, that might not be easy. The region’s autocracies and petro-dictatorships have fuelled instability, only furthering prejudice and hatred. As long as that remains, Muslim West Asia’s relation with anyone will be hard to alter.
Like clockwork, Iran’s Ayatollah Khamenei condemned Obama’s speech, saying that “words, speech and slogan” would not change “the ugly, detested and rough” face of the US. The likes of Osama bin Laden aren’t going to be appeased either.

"