Aggressivity

ECON 211: Why another Great Depression is unlikely? (16 Sept 2008)

Policymakers now know much more about macroeconomics:

• The Fed knows much better than to let money supply fall so much, especially during a contraction.
• Fiscal policymakers know much better than to raise taxes or cut spending during contraction

Federal deposit insurance makes widespread bank failures very unlikely.
Automatic stabilizers make fiscal policy expansionary during an economic downturn.

CNA: Stock markets plunge as global crisis deepens (18 Sept 2008)

But after the collapse of Lehman Brothers and the forced sale of Merrill Lynch, US media said Morgan Stanley was looking for help after seeing its stock drop another 24 percent Wednesday.
(Note: Lehman Brothers actually weathered the capital crisis of the Great Depression.)

I sure hope ECON 211 is true. I have faith (??) in my lecturer.
Is that the reason why I haven't received any replies from any banks? Except Deutsche which stated that I do not fulfill the pre-requisites because I'm not in my last year of studies :(
I feel pretty uneasy now, AIG is in trouble and so are we. Dad sounds pretty worried. Furthermore, this is probably gonna threaten my rice bowl in the future. But I guess I don't quite feel the impact of it, other than reading/watching it on news everyday. Maybe I'm too far down under.

So, I've been in the doldrums for the past few days BUT decided to channel my excess energy to aggressiveness! I continued spamming firms with my CV. These are the victims:

1. JPMorgan
2. KPMG
3. Deutsche
4. Credit Suisse
5. Stamford Law Corporation
6. WongPartnership
7. KhatterWong
8. Colin Ng & Partners
9. Baker& McKenzie.Wong & Leow
10. Drew & Napier
11. Minter Ellison

WongPartnership and Colin Ng are darn efficient. I sent them an email last night and they replied me early this morning which really made my day. Its not a confirmation reply but sounds positive. Actually, I can't really make up my mind whether he is saying yes or no. He gave me the likely dates and asked me to send him another email when the dates draw nearer. So I rule that as I-don't-know. The other one just asked for the dates, so I shall not keep my hopes too high and take it as a wait-awhile-we-are-still-considering. As for the rest... I'm still checking my email consistently and frequently.

I'm pretty excited to work. I really am. Its only 2 weeks per internship and I wanna work my ass off! I just got that sudden urge and desire to do an internship, I ran down to the post office this morning to submit my application for the 2009 Minter Ellison Rudd Watts internship. Usually, I wouldn't even give a thought about it but last night when I was checking my email, they said that they've extended the deadline for applications till 19th (which is tomorrow) and it sounded really cool! Its one day per week from March to Sept 2009, paid, assigned to a team with a mentor and blah blah blah. Most importantly, its a global law firm! I dismissed the thought of applying initially. Then I started daydreaming for awhile, then I realized I've already done up my CV and cover letter, I just needed to send it. Deciding that its something which would make my morning exciting, I decided to give it a try. Early this morning I got the application form, filled it in, dashed to the post office and begged/pointed a gun/bribed the staff to get the documents sent by tomorrow. AND LUCKY ME their POBox was actually IN THE POST OFFICE I went to! That means, they can immediately slot it in so its delivered right at that minute. MUAHAHAHHAHAHAHAHAHAHAHAHAHA *laughs with contentment.

Then at the corner of my eye, I spotted my rival filling in the same distinct red application form! AHHH!!! Haha ok, its really cheap thrill - the sending and the waiting for a reply game. I doubt I would even get an interview, its just fun trying your luck - its like playing with jackpot. I still got a teeny weeny bit of chance okay!

Gosh, I'm so exhausted. These 2 days have been really hectic.