A concerned Malaysian writes about Malaysian affairs. "You are the Change you Seek" Barack Obama

Friday, August 24, 2007

Make Sure You Borrow in Billions

That way the banks will try and make your life easier as if your company goes bust they too have a major problem to solve.

Better still get the government to issue some letters of support so that it seems the government has given its approval of your multi-billion ringgit project.

Then get a foreign partner who may or may not "understand" how things operate here and once the project kicks off, arrange for an "amicable" parting of ways.

That way, the authorities will revert to the usual practice of giving your company a very soft loan so you can really enjoy the ride all the way to the bank.

But if you borrow a few thousand ringgit and cannot affort a few months housing payments, the banks will surely repossess your property.

Malaysia Truly Boleh!

No comments: