Creativity of Americans

I just wanted to share with you something I came across today at meetings we had with some American investors & financiers. They are bloody creative when it comes to financial instruments.

There is a 'loan' scheme which they call 911 loans (i.e. 911 is the emergency number for the uninitiated). This is a bridging loan provided to good companies incl. tech Cos but it carries up to 15% interest. The interesting part of this is that they also request some shares as payment & make money on the upside. Where else can you find such things? They can also incorporate a special Investors Relations program to 'promote' the Co & its stock to ensure that buyers support the stock, so they make money on the upside. They have so many different things they do here which we can only imagine.

If only we can be as creative with financial instruments in Malaysia.

Creativity in finance, now theres a thought!

Touchdown Los Angeles

Sorry for not posting the last couple of days...impossible to log on to blogger to post.

Anyway just landed in LA on a biz trip also to visit the Consumer Electronics Show in Las Vegas. Supposedly the biggest in the world, I am looking fwd to it. I will post some pictures.

Winter in LA is a breeze, just wore a shirt & it was fine. Must be global warming again. Many years ago when I was first here (1987) even their autumn was cold, now winter is almost like late spring.

Maybe we should all support alternative energy initiatives like Vinod Khosla, only then can we save planet earth. Now there's a man who can do good & make money too.

BTW I am connected to the net on broadband in my hotel room for FREE. Is that great or what? Not like the mega bucks they charge in Malaysian hotels. Perhaps there's a biz model there somewhere. Broadband the hotels of the world for free & offer other services via advertising or travel services or something.

Well have to make this short, jetlagged & its 10 pm, time to catch some zzzzzz.