Thursday, January 7, 2016

CDO - the atomic weapons of the financial world

Short explanation of CDO's (Collateralized debt obligations):
A CDO is a package of many mortgages of different house owners, often even from different banks which these banks can sell off and don't have to display anymore in their balance sheets. But these banks played it in another direction.

Comparing it to Ketchup they played the game this way:

Usually the company only took quality tomatoes (mortgages from solvent customers) for their ketchup. As the time went by, someone had a great idea, why not using some cheaper tomatoes (mortgages from customers who could fail with their payment) and mix it with the better ones - It won't hurt and we still get great reviews (commission for each new mortgage - good to polish our quarterly earnings).

Yes, they did it.

They took more and more of these cheaper tomatoes until they discovered that it would be more efficient to go even one step further. If we just mix it with a few nearly toxic tomatoes (subprimemortgages - customer who will surely fail to pay anytime soon), it won't hurt either.

Doing this toxic mix - it will lead sooner or later to lethality of the customers (and the company).

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Saturday, July 30, 2011

TOP FIVE posts of July 2011

medalImage via WikipediaThe most read posts in July 2011 have been:

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Sunday, February 6, 2011

Supporting a good cause while searching the web!

GoodSearch: You Search...We Give! - Simply donate by searching the web!Today i found a new easy way to raise money for your favorite cause. Just start using Yahoo! powered as your search engine and they'll donate about a penny to your favorite cause every time you do a search!

In addition, do all of your shopping through their online shopping mall,, where you can shop at more than 900 top online retailers (including Amazon, Target, Staples, Best Buy and more!) and a percentage of your purchases will go to the charity or school of your choice.
You pay the same price as you normally would, but a donation goes to your cause!

Here's the web site — You can also read about GoodSearch in the NY Times, Oprah Magazine, CNN, ABC News and the Wall Street Journal.

Thursday, January 27, 2011

Cashgopher lets you earn money for doing nothing on your Computer!

Cashgopher - make money online for doing nothing!
The title sounds too good to be true for you?

I thought the same as i saw the advertisements in my preferred discussion website myLot (by the way, a fun way to earn some extra money too - read my myLot guide if you're interested in discussing almost everything you like!)

So i signed up a few weeks ago and what shall i tell you... it's as simple as it can be.

  1. Download their free CashGopher software
  2. Cashgopher is working in the background when your computer is idle
  3. It tests the website up-time for webmasters who like to know if their websites are accessible from different parts of the world for any given time
  4. A part of this income from these customers will be shared daily with the members who used Cashgopher.
  5. The income from Cashgopher depends on several factors:
    - Location of your country
    - Internet connection speed
    - Computer power
    - your usage habits of the internet
  6. Payout is monthly via Paypal as soon as you reach 10$.
  7. The earning estimate that we can achieve is between 10$ and 1.000 $ if we use Cashgopher each day for a full year.
  8. Increase your income by inviting your friends to use Cashgopher, too and Earn 25% of their income.
If you like what you read just now, simply sign up and start earning some extra cash for letting your computer do the work

Other easy ways to earn you some extra money without spending much time:

With these programs you can earn money on Twitter, Facebook or on your websites/blogs
  • MyLikes (weekly payout from 2$ on, Facebook + Twitter, earn for each click, earn for producing youTube videos),
  • Sponsored Tweets (set your own price/tweet or earn for each click),
  • (pays per tweet),
  • Revtwt (earn for each click on Facebook + Twitter),
  • Twittad (get an ad on your twitter profile background and get paid to show it for up to one month)
  • Twivert (get money for each click)
  • Paid-to-promote (get money for each valid visitor to your blog)
  • myLot (Discuss & Socialize with the myLot community and get on top paid for doing this - How to get the most out of myLot? Read my myLot guide)
  • (earn up to 2.30 $ just for providing e-mail submissions for Tim Bekker's Affiliate programs, a free Clickbank Account is necessary before you sign up to earn additional commissions!)
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Thursday, September 23, 2010

Twitter: How to be followed, retweeted, mentioned by a celebrity!

NEW YORK - MARCH 30:  Actress and author Alyssa MilanoImage by Getty Images via @daylifeTwitter is one of the most powerful marketing & promotion tools anyone could think of! But for using it as a powerful tool, you have to accumulate thousands of followers and interact with hundreds of them. Otherwise you will end up with followers who are not responsive at all to your own tweets. But building up such a huge follower base is a time consuming job and could even get your account suspended by Twitter if you follow and unfollow too fast too many other members!

The easiest way to get noticed your tweets would be to get a Retweet or a Follow from a member with many followers (which would be a celebrity, another possibility for free is mentioned at the end of the post).

My experience in getting a retweet from Alyssa Milano

In March 2010 i found an extraordinary website which combined music and beautiful animations while you moved your mouse to the music! And Alyssa Milano found it so cool that she gave me a Retweet for it.

The first preparation should be to take care
  • how many @-replies the celebrity gets at the moment.
    REASON: As soon as the celebrity made a tweet, hundred of fans will do a retweet of it. This would mess up with your intention that your tweet will be seen by your celebrity in the mentioning-Timeline.
    The best time to send your celebrity a tweet would be when the retweets are dying down to just one per minute (Can take 1/2 - 1 hour after the previous tweet depending on the tweet).
Now you should just tweet your celebrity something like
  • outstanding news,
  • beautiful animations/music or
  • cute videos
  • funny graphics
  • helpful advice for other members
  • funny comment on one of the celeb's tweets.
  • or you take part in

The TwitChange-Celebrity-Charity-Auction

Getting more than a Retweet is possible until Saturday 25th September by a charity event called Twitchange.
Twitchange did setup an Ebay-Account "TwitChange-Auction" and is auctioning the following items of more than 100 celebrities (358 auctions to take part in).

You can bid on
  • Twitter MEGA packages which include a single mention, follow for at least 90 days and a retweet.
For the smaller budget you can bid on
  • a single mention,
  • a retweet or
  • following you for at least 90 days.

At the moment the cheapest prices for
If you have a fat pocket, you might enjoy to bid on these three TOP auctions for a Twitter MEGA Package:
  1. Dana White
  2. Zachary Levi
  3. Jewel Staite
  4. Eva Longoria
You may ask why are there not the celebrities with the most followers on TOP of this list?

The cause for this order in the list is that these celebrities offer a special bonus for the winner of their MEGA Package auction. Most celebrities offer additionally a phone or Skype call, tickets for their shows/events, backstage meetings, signed DVDs/Books/autograms or fashion tips.

For example Dana White offers additionally the complete costs of a journey to his next fight that's why he seems to be ahead with the highest bid of more than 15.000 $.

The Background for this TwitChange-Celebrity-Auction is to raise money for a good cause!

The TwitChange-Auction is for a good cause, that's why so many celebrities take part in it. When you bid and win the auction the spent money will be donated to
This is a charity who takes care that the Miriam Center can be finished to be rebuild. It's a Home for orphans with major life challenges like cerebral palsy or severe autism.

Do you think it's worthwhile to take part in this kind of auction and do you think it will be beneficial to grow your own Twitter account when you buy a mention, retweet or a follow from a celebrity?

Tomorrow you can read on The One Minute Guide - How to get Retweets to thousands of Twitter followers for FREE! (even when you have just 1 Twitter follower)

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