Wednesday, January 21, 2009

Can we do it ?


Ten thousands of people live on the streets of Washington and millions worldwide over the TV screens heard President’s Obama Inaugural Address to promise the regeneration of the US.
During the campaign he constantly emphasized his Slogan ,” It is time to change, Yes we can do it”,…… well now time has come to let actions follow brilliant rhetoric or excellent communication skills, and Mr. Obama missed, in my view, his first major opportunity to put action behind words, he could had perform a small quick intimate ceremony, instead of spending a full work day of his time and millions of dollars of taxpayers money in a ” Oscar Like “ ceremony” ,.. and providing the example to the people that elected him by starting to work right from the first minute and place hands on actions that really matters to our future. In times of crisis You need to take special initiatives as true visionaries lead by example. What do You think ?

Monday, January 19, 2009

RBS sponsors Williams F1 Team 2009


The UK prime Minister Mr. Gordon Brown unveiled today a second bank rescue package including powers for the Bank of England to lend up to £50bn directly to businesses, as he accused the Royal Bank of Scotland of taking ”irresponsible risks” as the bank’s shares collapsed.
His comments came as RBS warned it could report an annual loss of up to £28bn, following the mis-timed acquisition of ABN Amro, the Dutch lender it acquired as part of a €71bn (£63bn) hostile break-up bid in 2007.
”Almost all their losses are in subprime mortgages in America and related to the acquisition of ABN Amro. These are irresponsible risks taken by the bank with people’s money in the UK,” Mr Brown said, adding that the decision to buy ABN ”was wrong”. Source FT Online 19/1/2008.


On the same day Williams is presenting their new 2009 Formula 1 car in Algarve where RBS is still being figured as a main sponsor, is that not a contradiction and, at least not very ethical, when in times of economic downturn and deep banking crisis where the industry is laying people off, with government bailouts,….just ,... To go, …..and keep sending corporate guests around the world for entertainment by still being involved in Motorsport Sponsorship? What do You think ?