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A visitor looked at the artwork 'Bowl with Eggs' by Jeff Koons at Neue Nationalgalerie in Berlin. Eleven huge sculptures of Koon's cycle 'Celebration' can be seen during Berlin's exhibition series 'Cult of the Artist' at Neue Nationalgalerie from Oct. 31 to Feb. 8. Photo: Alina Novopashina/European Pressphoto Agency

(These comments are taken from "have your say" from BBC news site) A glimpse of views of rest of the world about this financial crisis. some time one can understand the most complicated issue lie hidden between the line.......... So many thanks to BBC who start this service....... When I thnink my great great grand father come to America on a 18th century Boat across Europe a trip that took around 2 months as my great great mother give her own live on that boat with only money for about six month my great great grand father had not only to find work fast but also take care of his 4 children. I am one of the few who graduated from University,major in Accounting & what I have learn sicken me to my stomach as I found out how working individual works to enrich dividen lovers. Marco Lavoie , Edmonton, Canada

The CEO of Ex Great Giant Lehmann Brother.

By BERNIE BECKER and BEN WHITE Published: October 6, 2008 WASHINGTON — Richard S. Fuld Jr. blamed the news media. He blamed the short-sellers. He blamed the government, as well as what he characterized as an “extraordinary run on the bank.” The chief of the now-bankrupt Lehman Brothers, Richard S. Fuld Jr ., told irate members of Congress that all his decisions “were both prudent and appropriate” given the information he had at the time.But the chief executive of Lehman Brothers Holdings, the bankrupt remnant of a once-great investment house, never really blamed himself. Instead, in his first public appearance since Lehman’s collapse, Mr. Fuld said in sworn testimony before a Congressional panel on Monday that while he took full responsibility for the debacle, he believed all his decisions “were both prudent and appropriate” given the information he had at the time. That stance did not sit well with angry members of the House Committee on Oversight and Government Reform, who peppered...

ISLAMIC ECONOMY VS CAPITALISM The whole world is particular about economy which is considered as the main source of life. Every nation and every country strive hard to strengthen their economic situation. When the economy of a country is strong, the country will advance in many other fields like industries, technologies and even military. The strong economy enables a country to take over another country. Little wonder, economy is always the focus of all the world leaders. The Muslim world are also in the race. They are also strengthening their economy. Many via the capitalist system introduced capitalism in their countries, supported by the Western countries. The Muslim forget that Islam has its own economic system which is far better than the capitalist. Under Islamic economy, God is the essence. The capitalist’s main focus is profitability per se. The concept of love and care in undertaking business decision is almost non existing. Economy regarded as good deeds for the ...

Economic crisis of 2008 From Wikipedia, the free encyclopedia In 2008, the possibility of an economic crisis was suggested by several important indicators of economic downturn worldwide. These included high oil prices , which led to both high food prices (due to a dependence of food production on oil production) and global inflation ; a substantial credit crisis leading to the bankruptcy of several large and well established investment banks; increased unemployment ; and the possibility of a global recession developed. High commodity prices Medium term crude oil prices , (not adjusted for inflation) The decade of the 2000s saw a commodities boom , in which the prices of primary commodities rose again after the Great Commodities Depression of 1980-2000. But in 2008, the prices of many commodities, notably oil and food, rose so high as to cause genuine economic damage, threatening stagflation and a reversal of globalisation . [1] In January 2008, oil prices surpassed $100 a barrel ...