Some extent greed follows aspiration, but you are right 'greed' syndrome in todays BD engulfed the whole society beyond the natural instinct. In my understanding it is mainly due to the lawlessness and absence of regulatory control. Share market created a false hope that attracted the millions but where is the regulatory body, can you deny their function? When the shares value due to artificial demand created by some unscrupulous traders or investors made it run to unusual high what did they do, didn't they have any regulations to control excessive manipulating like everywhere else? How Bangladesh Bank allowed commercial banks to use depositors money, even commercial banks were borrowing from call money market to invest in shares. These are all illegal and this is the way (few among many reasons) the whole market were manipulated by the few not only by their greed factor but criminal intention to lynch the small investors. Small investors were only attracted seeing the profit but only to be lynched infront of the whole government and regulatory machinery. Mr. Hoque, you may blame the poor investors for their greed factors but I wonder how you omit or could not figure out the criminal machination of the regulators in connivance with very powerful and influential share manipulators. I wouldn't call you a AL supporter but please think had the regulatory body, legal and banking system were let work according to the law of the country I am confident that this disastar wouldn't have befall on the millions. You blame the poors who trusting government put all their assets, it is your humanity.
Nothing personal. Regards.
--- On Tue, 1/3/11, Akhtarul Hoque (ZADCO SUFEMS) <Akhtar@zadco.ae> wrote:
From: Akhtarul Hoque (ZADCO SUFEMS) <Akhtar@zadco.ae>
Subject: RE: [Diagnose] Share market manipulation and our concious
To:
Cc: "Mohd. Haque" <haquetm83@yahoo.com>
Date: Tuesday, 1 March, 2011, 3:36 AM
I am not a finance man, however I understand the basic of money making. Money alone cannot making money. Without hard labor ( physical or intellectual) value cannot be generated. Most o the people in our country like to make money over night without exerting any labor, this is against the law of nature. The greed is the root cause of our sufferings. Those who has been trying to make money just based on speculation, let them suffer and realize how hard it is to make money. I will just ask the investors in the share market to try one day to earn some money by pulling rickshaw in the street of Dhaka, I am sure all of your sensible friends will understand that the share market is place to cheat each other. Share market in BD is a market of gamblers and all these gamblers should be punished either by govt or by the god. Elites are always antipeople and work for the capitalists. Sorry for some harsh words Regards From: Diagnose@yahoogroups.com [mailto:Diagnose@yahoogroups.com] On Behalf Of Mohd. Haque
Sent: 28 February 2011 05:05 PM
To: alochona@yahoogroups.com; diagnose@yahoogroups.com
Cc: bangla-vision@yahoogroups.com
Subject: [Diagnose] Share market manipulation and our concious Today, when majority of the shares value lost its 35 to 60% value, what economic and investment fundamentals it folows or demonstrates? You and I will have different interpretation of it, that is natural but what is unnatural here is, if I am a current government supporter my interpretation will be something that will not follow any fundamentals and will blame the share traders - they should have understood the share market before they have sold their chicken and goat or pulling their last savings! If you ask Mr. Abul Barakt, Mashiur Rahman, Atiur Rahman, Ibrahim Khalid they will ecoh the same as if the Share market managers or policy makers have no responsibility! Millions when lost their last assets Minister of Finance, DSE and Central Bank's executive macking mockery of the people and their own positions. I called a friend last week, he started wipping and in a broken voice cried- bhalo nai, bhalo nai. Khub kharab din jachey ....... I had to cut short the conversation as I couldn't say much to consol him and become emotional. Everyday Finance minister is macking mockery like the previous AL FM (may Allah bless his soul) at that time one of my just retired relative lost all his cash benefits. During AL's time it repeats and AL keep pretend to cry for people, pro demcracy, pro shadhinota and all else, if you challenge their supporters will call you Rajakar, Paki or even anti liberation. They let millions to go bankrupt and still proudly remain in power it is only possible because most of us sold our soul to the devil himself. Thus failing to show any sympathy to fellow countrymen. These politicians (AL+BNP) with all their machination putting us down and our poets, economists and writers making us believe how good they are for our country! |
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