Morgan Stanley (NYSE: MS) is a global financial services provider headquartered in New York City, New York, United States. It serves a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 33 countries around the world with 600 offices, with an approximate employee workforce of 45,000.^[2] The company reports US$779 billion as assets under its management^[3].

The corporation, formed by J.P. Morgan & Co. employees Henry S. Morgan, Harold Stanley and others, came into existence on September 16, 1935. In its first year the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The main areas of business for the firm today are Global Wealth Management, Institutional Securities and Investment Management.

The company found itself in the midst of a management crisis in the late 90s^[4] that saw it lose a lot of talent and competence^[5] and ultimately saw the firing of its then CEO Philip Purcell in 2005. Since then Morgan Stanley has been undergoing a massive restructuring which also involved job cuts across various of its businesses.

On September 21, 2008, it was reported that the Federal Reserve allowed Morgan Stanley to change its status from investment bank to bank holding company.^[6]

On September 22, 2008, it was announced that Mitsubishi UFJ Financial Group, Japan's largest bank, plans to take a stake of up to one-fifth in Morgan Stanley as part of a strategic alliance. ^[7]

 

The Solution:

Morgan Stanley

Based on Morgan Stanley formed on September 16, 1935 in New York City, New York, United States of America.

The ZERO POINT Rhythms in 2006, 2007, and 2008.

 

The Problems:

Ex-Nasdaq chairman Bernard Madoff arrested on fraud charge

NEWS WIRE SERVICES

Updated Thursday, December 11th 2008, 11:57 PM

 

Bernard Madoff arrested over alleged $50 billion fraud (Former Nasdaq chairman)
YahooNews ^ | 12/11/08

Posted on Thursday, December 11, 2008   10:14:49 PM by Sammy67

NEW YORK (Reuters) – Bernard Madoff, a long-time fixture and powerful adviser on Wall Street, was arrested and charged on Thursday with allegedly running a $50 billion Ponzi scheme, U.S. authorities said.

The former chairman of the Nasdaq Stock Market who remains a member of Nasdaq OMX Group Inc's nominating committee, is best known as the founder of Bernard L. Madoff Investment Securities LLC, the closely-held market-making firm he founded in 1960.

But the alleged fraud involved a hedge fund he ran from a separate floor of the building where his brokerage is based.

Madoff told senior employees of his firm on Wednesday that "it's all just one big lie" and that it was "basically, a giant Ponzi scheme," with estimated investor losses of about $50 billion, according to a criminal complaint against him.

A Ponzi scheme is a pyramid-type swindle in which very high returns are promised to early investors, who are

(Excerpt) Read more at news.yahoo.com ...

 

Wall Street Crisis

The Problems:

Merrill Lynch & Co., Inc.  

 

Entry for March 20, 2008

The Problems:

CREDIT CRISIS HITS WALL STREET

J.P. Morgan Buys Bear in Fire Sale,
As Fed Widens Credit to Avert Crisis

Ailing Firm Sold
For Just $2 a Share
In U.S.-Backed Deal

By ROBIN SIDEL, DENNIS K. BERMAN, and KATE KELLY

Wall Street Journal

March 17, 2008; Page A1

Pushed to the brink of collapse by the mortgage crisis, Bear Stearns Cos. agreed -- after prodding by the federal government -- to be sold to J.P. Morgan Chase & Co. for the fire-sale price of $2 a share in stock, or about $236 million.

Bear Stearns had a stock-market value of about $3.5 billion as of Friday -- and was worth $20 billion in January 2007. But the crisis of confidence that swept the firm and fueled a customer exodus in recent days left Bear Stearns with a horrible choice: sell the firm -- at any price -- to a big bank willing to assume its trading obligations or file for bankruptcy.

"At the end of the day, what Bear Stearns was looking at was either taking $2 a share or going bust," said one person involved in the negotiations. "Those were the only options."

The Solutions:

The Bear Stearns Companies Inc.

Listing Date 29 Oct 1985

Based on The Bear Stearns Companies Inc.

Listing Date on October 29, 1985 in New York Stock Exchange,

New York, New York

United States

The ZERO POINT Rhythm: In 2006, 2007 and 2008.

Global Financial Crisis - Cycle Analysis
Life Cycle - Business Cycle - Stock Cycle                                       
By Joseph Yung-Yuan Lai                  
                                  

Mr. Joseph Yung-Yuan Lai has written a fascinating book "Global Financial Crisis: Cycle Analysis - Life Cycle - Business Cycle - Stock Cycle" explaining economic events around the globe. He has a firm grasp of the workings of both market economies as well as quasi-authoritarian economies of Asia. He is extremely familiar with details about the operation of the securities market in the United States. He is in addition, well versed n Eastern and Western Astrology. In this book, Mr. Lai introduces us to a new astrological theory that could help to divine the future, a benefit both for individuals as well as for corporations. It is natural for many entities to have an nterest in the forecast of the outcomes of their actions, be it in the area of investment, corporate mergers, to introduction of new products and in such personal affairs as job search, choosing the right stocks in the market and marriage. There exists a plethora of economic models that are designed to guide in one's planning process. Mr. Lai's contention is that while economic models are reasonably accurate in the very short run, their usefulness is limited beyond a period of a month. He cites the failure of forecasters and economists to predict the recession of 1990-91 and the Asian financial crisis of 1997-1998. Mr. Lai has created a new astrological theory called, the New Divination - Natural Theory - Life Cycle is based upon his intuition, ancient Chinese Astrology is based on the lunar system and Western Astrology based on the solar system.

The Natural Theory - Life Cycle can be used to determine the best timing for each individual to undertake important personal
decisions such as marriage, switching jobs and investment in
stocks. Mr. Lai divides Life Cycle into four segments: As Rising
Trend Channel, Flat Trend Channel, Declining Trend Channel,
and Zero Point Rhythm. These patterns of Life Cycle vary from
sixty years, twelve years, three years, one-year, three months
and one-month cycle. In each cycle one fourth of the time i.e.,
three months in a one-year cycle, an individual faces a Zero
Point Rhythm. The Life Cycle segmentation is analogous to the
phases of a Business Cycle i.e., Recovery, Prosperity, Recession
and Trough and four seasons spring, summer, fall and winter.
Mr. Lai stresses that proper timing is important for decisions
to become successful. Decisions taken during one's rising trend
channel will bring good luck while decisions taken during Zero
Point Rhythm will be disastrous. The birth date, time and place
of birth and the influence of the planets Moon, Mars, Mercury,
Jupiter, Venus and Saturn determine a person's Zero Point
Rhythm.

 

The Zero Point Rhythm of corporations depends on the date of
incorporations, the date and place of the opening of their
branch offices or plants. For Stock IPO to be successful in
their pricing strategy it is important to choose the right
offer date as well as the filing date. All entities, individuals
and corporations go through Life Cycle even within the course
of the day. Locating a particular phase of the Life Cycle even
within the course of the day is possible with Mr. Lai's
expertise in the New Divination Theory.

 

Numerous economic events of the past, both relating to the United
States, and the rest of the World are cited by the author to
buttress his Natural Theory. The Stock Market Crash of 1929,
and the deep slump of 1987 in the United States. The long
recession of Japan in the 1990's, the downturn in the economies
of Thailand, South Korea, Indonesia and Malaysia, as well as the
changing fortunes of several leading corporations including the
United States based Long Term Management, is explained in the
context of the Natural Theory Life Cycle hypothesis. In this book,
he also analyzed the Life Cycle of the leaders of nations and the
CEO's of corporations to show that negatives experienced by
individuals, firms and nations are always associated with the Zero
Point Rhythm. The Steep Decline in the New York Stock Exchange
Dow Jones Industrial Average and NASDAQ Composite Index during
the month of April 2000 was also predicted by Mr. Lai.

 

There are many who are comfortable in the use of astrological
factors in their personal decisions making. They would find
support in Mr. Lai's claims. Presumably more people will be
convinced about the efficacy of Mr. Lai's theory after reading
his book. Mr. Lai will be happy to help those who seek his Life
Cycle astrological advises. The New York Times (Sunday, January
2, 2000. Section 14 - The City) in profiling Mr. Lai has made
reference to his use of computers in what stars say about the
stock market. Thus Mr. Lai is able to combine ancient Chinese
wisdom and modern computer tools to forecast the future. However,
Mr. Lai is modest to admit that forecasting needs the use of all
three indicators i.e., Business Cycle, Stock Cycle and Life Cycle.

K. Chandrasekar, Ph.D.
Professor of Economics
School of Management
New York Institute of Technology
New York, NY 10023

 

 

http://www.emediawire.com/releases/2007/8/emw549837.html
 
Discover how Joseph Yung-Yuan Lai uses astrology to predict what
lies ahead in Global Financial Crisis - Cycle Analysis: Life Cycle
- Business Cycle - Stock Cycle

 

FLUSHING, NEW YORK – Global Financial Crisis-Cycle Analysis: Life
Cycle-Business Cycle-Stock Cycle by Joseph Yung-Yuan Lai foretells
financial and personal matters by using the ancient wisdom of
astrological cycles.

 

Can ancient wisdom be used to solve modern problems? Astrologer
and Consultant Joseph Yung-Yuan Lai think so. Our planet has
weather cycles, but our lives have cycles, too, showing us
optimum times for romance, changing jobs or making important
decisions. Business, too, has seasons of prosperity, recovery,
recession and drought. Joseph Yung-Yuan Lai calls this the
Natural Theory—and suggests that life cycles, business cycles,
economic cycles and stock cycles shape our lives, and are key
factors to success.

 

Fortunes run in cycles of twelve years, believes Yung-Yuan Lai,
with their own seasons of growth, fruition, harvest and dormancy.
He painstakingly explains economic events around the globe,
introducing readers to a new astrological theory that could
benefit individuals as much as it could help corporations.
While conventional economic models can guide our decisions,
these models are only accurate for a short run. Joseph Yung-
Yuan Lai's innovative new method has long lasting effects.
Using Chinese Lunar Astrology, Western Solar Astrology, and
his own intuition, Joseph Yung-Yuan Lai has created a forecast
system to help readers in all walks of life.

 

Predicting the stock market and planning your life, says Joseph
Yung-Yuan Lai, isn't just wishing on stars—it's examining them
with an eye to the best cycle for the best action.

 

 

 

For more information, please contact the author at
Email: lifecycle@yahoo.com

 

  

Book Rating as 4.5 STAR 86% positive.
Global Financial Crisis - Cycle Analysis: Life Cycle - Business
Cycle - Stock Cycle,

ISBN: 1-4196-2963-8 is available for sale online at Amazon.com,
Borders.com, BookSurge.com, and through additional wholesale and
retail channels worldwide.

 

ISBN: 1-4196-2963-8
BookSurge Publishing
An Amazon.com Company

 

 

 

Joseph Yung-Yuan Lai is a former Librarian & Chief Librarian for the
American Embassy United States Information Service in Taiwan. Born
in Taiwan, he attended Chuo University School of Law in Tokyo, Japan
and began his study of Astrology in 1960. A citizen of the United
States since 1993, he received a Bachelor of Science Degree in
Business Administration in Finance from the New York Institute of
Technology. He is now an Astrologer and Consultant in Flushing, New
York.

 

The New York Times Reporters visited and interview he predicted New
York Stock Exchange (NYSE) Dow Jones Industrial Average (DJIA) and
NASDAQ Index Declined in spring 2000. It was published in The New
York Times on January 2, 2000 and on April 14, 2000 the proof of
it was 100% accuracy in his prediction. He is serving as an
Astrologer & Consultant in Flushing, New York.

 

Joseph Yung-Yuan Lai is a Consulting Astrologer, Author, Teacher
and Lecturer he is combining Solar and Lunar systems, the first
one in the world to do so. Joseph Yung-Yuan Lai also teaches
classes and private sessions. Especially, specializes in Stocks,
IPO, Mutual Funds, as well as in Romance and Marriage relationships,
and Eastern Miracles Power of Feng Shui (Powerful for Wealth and
Good Fortune).            

 

 

 

 
FOREWORD   . . . . . . . . . . . . . .  xxiii              

 

 

The Problem: The United States Recession in 1990 and 1991
   But, Economists Meet, and Puzzle over a Slump . . . . .  2
The Solution: President George H. W. Bush
     Life Cycle & Stock Cycle . . .. . . .   3
The Problems: 1.) Nobel Prize in Economic Sciences 1997
  "For a new method to determine the value of derivatives" . .  5
The Problems: 2.) Long -Term Capital Management, the fund in which
    Merton and Scholes were partners, needed a $3.6 Billion bailout
    from banks after nearly failing . . . . . 5
The Problems: 3.) Fear of Wider Damage Fueled Long -Term Bailout  . 5
The Problems: 4.) Long -Term Capital Starts Asset Sale  . . . . .  6
The Solutions: 1.) Prof. Robert C. Merton, Partners of Long-Term Capital
    Management, L.P. - Life Cycle & Stock Cycle  . . . .  . . 8
The Solutions: 2.) Prof. Myron S. Scholes, Partners of Long-Term Capital
    Management, L.P. - Life Cycle & Stock Cycle  . . . . . 9
Natural Theory - Life Cycle & Stock Cycle  . . . .. . . .  10
Life Cycle - Business Cycle - Stock Cycle For Corporation . .  11
Global Financial Crisis - Cycle Analysis . . . . . . . . . . . 12

 

 

Time and Calendar. . . . . 15
Solar Time . . . . . . . . . . 15
Julian Day  . . . . . . . 16
Julian Calendars   . . . . . 17
The Julian Period  . . . . . . 17
Julian Day and New Divination - Life Cycle & Stock Cycle  . . 18
The Seasons . . . . . . . . 19
The Solstices  . . . . . . 21
The Equinoxes . . . .. . 21
Latitude and Longitude   . . . . . 22
Time Zone  . . . . . . 22
Day and Year  . . . . . 23
The Moon’s Orbit . . . 24
Phases of the Moon  . . . 24
New Moon  . . . . . . 24
First-Quarter Moon  . . . . 24
Full Moon  . . . . . 25
Last Quarter . . . . . 25
Phases of the Moon . . . . 25
The Lunar Cycle . . . . . 26
The Yin and the Yang . . . . 26
The Chinese New Year . . . . 27
The Twenty-Four Segments of the Lunar Agricultural Almanac . . 28
Scientific Method  . . . . 28
Astrology  . . . .. . . 28
Why do People Believe in Astrology? . . . 29
The New Divination: Natural Theory - Life Cycle & Stock Cycle . 30

 

 

Forecasting .  . . . . . 33
Fundamental Analysis   . . . . . . . . 34
The Disadvantage to Fundamental Analysis  . . . . . 34
Technical Analysis . . . . . . . 34
Cyclical Analysis . . . . . . . 35
Time Cycles . . . . . . 35
Business Cycle and Economic Cycle . . . . 35
Natural Theory: Life Cycle & Stock Cycle  . . 37                                                         
Life Cycle - Business Cycle - Stock Cycle for Corporation  . . 38

 

 

The Problems: 1.) 1929 - The Stock Market Crash . . . . 41                                          
The Solution: New York Stock Exchange (NYSE) -
   Life Cycle & Stock Cycle. . . . . 41
The Dow Jones Industrial Averages 1920 - 1929 . . . . 42
The Dow Jones Industrial Averages 1930 - 1939  . . . 42
New York Stock Exchange (NYSE) - Life Cycle & Stock Cycle . . 43
The Problems: 2.) 1932 - The Great Depression . . . . 43
The Solutions: 1.) New York Stock Exchange (NYSE) -
    Life Cycle & Stock Cycle   . . . . . . . . . . . . 43                 
The Solutions: 2.) President Herbert C. Hoover
    - Life Cycle & Stock Cycle   . . 44
The Great Depression  . . . 44
The Dow Jones Industrial Averages 1930 - 1939  . . 45
The Dow Jones Industrial Averages 1940 - 1949  . . 45
The Dow Jones Industrial Averages 1950 - 1959  . . 46
The Dow Jones Averages 1960 - 1969  . .  . . . . . 46
The Problems: 3.) 1970 - 1970 Recession 11 - month . . 47
The Solution: President Richard Nixon in office
    - Life Cycle & Stock Cycle  . . . 47
The Problems: 4.) 1973 - 1975 Recession 16 - month  . . 47
The Solution: President Richard Nixon - Life Cycle & Stock
    Cycle. . . . . 47 
The Dow Jones Averages 1970 - 1979  . . . . . . . . . .  48
The Problems: 5.) 1973 - 1975 Recession 16 - month . . . 49
The Solution: President Gerald R. Ford in office 
    - Life Cycle & Stock Cycle  , . . 49
The Problems: 6.) 1980 - 1980 Recession 6 - month   . . . 50
The Dow Jones Industrial Averages 1980 - 1989 . . . . . . 51
The Solution: President Jimmy Carter - Life Cycle
Stock Cycle . . . . . 51
The Problem: Chrysler Corporation A Loss of $459.6 Million for
   3rd Quarter of 1979 . .  . . . . 52
The Solutions: 1.) Chrysler Corporation - Life Cycle &
Stock Cycle . . . . 52
The Solutions: 2.) Chrysler Corporation, President Lee Iacocca -
    Life Cycle & Stock Cycle   . . . . . 52  
The Problems: 7.) 1981 - 1982 Recession 18 - month  . . . 53
The Solution: President Ronald W. Regan - Life Cycle &
Stock Cycle . . . . . 54
The Problems: 8.) 1987 - Wall Street Stock Crash . . . 56
The Solution: New York Stock Exchange (NYSE) -
   Life Cycle & Stock Cycle   . . . . . . . . . . . 56
The Dow Jones Industrial Average 1980 - 1989 . . . . 59
The Dow Jones Industrial Average 1990 - 1999 . . . . 59
The Problems: 9.) 1990 - 1991 Recession 10 - month . . 60
The United States Recession in 1990 and 1991
    But, Economists Meet, and Puzzle over a Slump  . . 60
The Solution: President George H. W. Bush -
    Life Cycle & Stock Cycle . . . . . . . . . . . . . 61
President George H. W. Bush - Life Cycle & Stock Cycle . . . 62
The United States Recession in 1990 and 1991
    But, Economists Meet, and Puzzle over a Slump  . . . 63
The Dow Jones Industrial Average 1990 - 1999  . . . . . . . 64  
The Dow Jones Industrial Average 2000 - 2006  . . . . . . . 65  

Chapter 5 - ASIAN FINANCIAL CRISIS . . . . . . 67

The Problems: ASIA, WHAT HAPPENED? . . . . . . 67

 

 

The Problems: Japan’s Bubble Economy, What Happened?   . . . 67
The Solutions: 1.) Japan, Emperor Akihito in office -
    Life Cycle & Stock Cycle    . . . . . . . . . . . . . . . 68
The Solutions: 2.) Emperor Akihito - Life Cycle & Stock Cycle . . 68
The Solutions: 3.) Prime Minister Ryutaro Hashimoto -
    Life Cycle & Stock Cycle   . . . . . . . . . . . . . . . . . . 69
The Solutions: 4.) Prime Minister Hashimoto in office - Life  Cycle . 70
Hashimoto to Step Down Following Electoral Rout  . . 71
Japan Sliding into Recession  . . . . . . 72
The Problem: Hokkaido Takushoku Bank Files for Bankruptcy  . . 72
The Solutions: 1.) Hokkaido Takushoku Bank -
    Life Cycle & Stock Cycle  .  . . . . . . . . . . . . . . . . 73
The Solutions: 2.) Hokkaido Takushoku Bank - Chairman,
Hirotak Fujino -   Life Cycle & Stock Cycle . . . . . . . . . .  73    
Hokkaido Takushoku Group Non-Bank Files for Bankruptcy . . . . 73
Tokyo Stocks Fall 884 Points, Post Year's Largest Drop . . . . 73
The Problem: Yamaichi Securities Co., Ltd. 
   Shuts Doors; Worst Postwar Business Failure   . . . . . . . 74
The Solution: Yamaichi Securities Co., Ltd. - President, Atsuo Miki 
   Life Cycle & Stock Cycle  . . . . . . . . . . . . . 74
Yamaichi Securities Co., Ltd. To Cease Operations  . . . 75
In Fact, Client Assets Held by Yamaichi Fall 52%
    At End of November 1997  . . . . . . . . . . . . . . . 76
Yamaichi Securities Co., Ltd. Set To Close in April 1998   . . . 76
Pessimism on Japan's Economy Sends Dollar Soaring To Near 133 Yen . .77
U. S. Dollar vs. Japanese Yen - 1996  . . . . . . . . . . . . 77
U. S. Dollar vs. Japanese Yen - 1997 .. . . . . . . . . . . 77
Japan Bankruptcy Debt Hits Record High In 1997 . . . . . . .  78
Sakura Bank (8314) To Shut Down 23 Overseas Bases . . . . . 79
The Problem: JAL (9201) Dips Deep Into Reserves
    To Write Off Accumulated Losses   .  . . . . . . . . 80
The Solution: Japan Airlines, President Akira Kondo -
    Life Cycle & Stock Cycle   . . . . . . . . . . . . . . 80
In Fact, JAL (9201) Top Executives to Quit Due to Huge Lose  . . 81
The Problem: Tokyo Tomin Bank (8339)
    Expects 22 Billion Yen Pretax Loss in FY-1997 . . . . . . 81
The Solutions: 1.) Tokyo Tomin Bank, President Hiroge Nishizawa -
  Life Cycle & Stock Cycle  . . . . . . . . . 81
The Solutions: 2.) Tokyo Tomin Bank, President Hiroge Nishizawa
    in office - Life Cycle / Stock Cycle   .  . . . . . 82

 

 

The Problem: Thailand - It’s Headed for Recession  . . . . 83                         
The Solutions: 1.) Thailand, King Bhumibol Adulyadei -
    Life Cycle & Stock Cycle  . . . . . . 83
The Solutions: 2.) King Bhumibol Adulyadj in office
    Life Cycle & Stock Cycle  . . . . . . . . . . . . . . . . 83
In Fact, World Bank Approves $350 Million Loan for Thailand  . . 84
Thailand, King Bhumibol Adulyadej in office Life Cycle &
Stock Cycle  . . . . 85
Thailand Asks Japanese Banks to Continue Loans . . . . . 85
Thai Government Urges Japanese Banks to Convert Loan to Yen  . . 85
Bank of Thailand Project $4 Billion 1997 C/A Deficit  . . . 86
Thailand Seeks To Renegotiate IMF Package Terms  . . . . 86
    Total Thai 1997 Car Sales Drop By 38 Percent - Toyota . . . 88
Bank of Thailand Posted Currency Losses of $4.2 Billion for 1997 . . 88

 

 

The Problem: Indonesia, What’s Wrong? . . . . . 88
The Solution: President Suharto - Life Cycle & Stock Cycle . . 89
Presidnt Suhato - Life Cycle & Stock Cycle  . . . 90 
Indonesian Capital Ravaged   . . . . . 90
Foreigners flee Jakarta; 165 dead  . . . . . 92
Indonesia's Parliament to Ask Suharto to Resign . . . . 94
Indonesia Suharto: Not to Resign Amid Crisis  . . . . . 96
Suharto Steps Down After 32 Years in Power  . . . . . . 96
Suharto Quits In Indonesia, Vice President Takes Over  . . . 100
Report: More than 150,000 fled Indonesia riots .  . . . . 102

 

 

The Problem: Malaysia - What’s happened? . . . . . . . 103
The Solution: The Union of Malaysia - Life Cycle & Stock Cycle . . 103
The Problem: South Asia   .. . . . . . 104
The Problem: Malaysia's Banking Woes Public Bank Bhd.  . . 104
The Solution: Public Bank Bhd. - Life Cycle & Stock Cycle   . . . 104
Malaysia, Stock Exchange Took Control of Halim Securities after
    Broker Defaulted On A $2.7 Million Payment To
    The Exchange's Clearing House   . .  . . . . . 105

 

 

The Problem: South Korea:  Is Asian Tigers?
    Is Asian Miracles? What’s wrong?   . . . . . . . . 105
The Solutions: 1.) South Korea- Life Cycle & Stock Cycle  . . 105
The Solutions: 2.) President Kim Young-Sam in office -
    Life Cycle & Stock Cycle   . . . . . . . . . . . . . . . 106                                                                                                     
The Solutions: 3.) President Kim Young-Sam - Life Cycle & Stock Cycle . . 106
The Solutions: 4.) President Kim Dae-jung - Life Cycle & Stock Cycle  . . 106
The Solutions: 5.) President Kim Dae-jung in office - Life Cycle  . . 107
IMF, 13 Nations Speed Aid to South Korea  . . . . . . . . . . 108
South Korean Won Dips below 2,000 to Dollar on Credit Downgrades . . . 108
World Bank Lends Troubled South Korea $3 Billion   . . . 108
The Problems: South Korea, 156 out of 510 Listed Record Losses in 1997 . 109
The Solution: Hanjin Engineering & Construction -
    Life Cycle & Stock Cycle  . . . . . . . 109
The Problem: South Korea Hyundai Group plans Takeover of Kia Motors . . 110
The Solution: Kia Motors - Life Cycle & Stock Cycle . . . . 111
South Korea: Jobless Exceed 1 Million for first time  . . . 111
  
HONG KONG  . . . . . . . .  112                                                                              

 

The Problem: Hong Kong, Asian Tigers, What’s wrong?  . 112
The Problem: Hong Kong Falls into Recession  . . 112
The Solution: Hong Kong Handover to China - Life Cycle & Stock Cycle   113
The Problem: Hong Kong Launches Airport Inquiry  . . . . 114
The Solution: Hong Kong New Airport - Life Cycle & Stock Cycle . 114
Asian Stocks Fall Sharply; Hang Seng Dips below 10,000   . . 115
Hang Seng Index   . . . . . . 116
The Problem: Peregrine Investment Holdings Ltd., Bankruptcy  . . . 116
The Solution: Peregrine Investment Holdings Ltd., -
    Life Cycle & Stock Cycle   . . . . . . 117
The Problem: Hong Kong, Swire Pacific Said
   Its Profits Fell 13% to $863 Million in 1997   . . 117
The Solution: Hong Kong, Swire Pacific - Life Cycle & Stock Cycle  . 118
Hong Kong: Maria's, a Bakery and Restaurant Chain, Closed Its Doors  . 118
Hong Kong Tourist arrivals shrank by 24.9% to 2.2 Million  in the first quarter 1998  . . . . . . 118

Hong Kong Faces Recession . . . . . .  118
The Problem: Hong Kong Orders Inquiry into Airport Mess   . . . 120
The Solution: Hong Kong New Airport - Life Cycle . . . .  121
Hong Kong Jobless Rate Climbs   . . . . . . . . . . . . . . . 122
Hong Kong Cheung Kong Interim Net Down 78 percent  . . . , , . 122
Hong Kong Falls into Recession, Recession Declared in Hong Kong  . . 123

 

CHINA  . . . . . . . . . . . . . .  124  
          
The Problem: China's Exports Slow As Asia Crisis Hits . . . . . 124
The Problem: China to Cut Four Million Civil Service Jobs  . . 125
The Solutions: 1.) China - Life Cycle & Stock Cycle   . . . . . 126
The Solutions: 2.) China, President Jiang Zemin in office - 
    Life Cycle & Stock Cycle   . . . . . . 127
The Solutions: 3.) President, Jiang Zemin - Life Cycle & Stock Cycle . 128
China Project Canceled    . . . . . . . . . . 128
Zhu's Medicine for China Needs Spending Sweetener  . . . . 128
Zhu Rongji Nominated New Chinese Premier  . . . . . . 129
China's Zhu to Overhaul Economy as Premier . . . . . 130
Jiangxi Copper to Lay off 1,000 in China   . . . . . . . 132
The Problem: The Shanghai Bubble . . . .. . . . . 132                                                             
The Problem: Moody's: China Bank Closings Likely  . . 133
The Problem: China's Leaders Face Economic Reality  . . 134
The Problem: China Central Bank Says Foreign Debt Sank GITIC .  136
Beijing Plans Mass Closings of Investment - Trust Companies  . . 136
The Solution: China, President Jiang Zemin in office
   Life Cycle & Stock Cycle   . . . . . . . 137

 

 

The Problem: Taiwan Stocks End Sharply Lower
    On Hong Kong, Tokyo Falls  . . . . . . . . , . . . . . 137
The Solution: Taiwan, President Lee Teng-hui - 
    Life Cycle & Stock Cycle   . . . . . . . . . . . 138
FEATURE - Taiwan as Asia financial savior?  . . . . . . 138
Taiwan stocks end down due to U.S., Japan woes  . . . . . 140

 

 

The Problem: WALL STREET Gerry Tsai's "The Magic Is Gone," Why? . . 143
The Solution: Gerald Tsai - Life Cycle & Stock Cycle . . . 143
The Problem: Chrysler Corporation, What's Wrong? . . . . . . 144
The Solution: Chrysler Corporation - Life Cycle & Stock Cycle . . . 144
The Problems: 1.) What's wrong? WANG Laboratories . . . . . . 144
The Problems: 2.) Wang's Continuing Trouble   . . . . . . . . , 144
The Solution: Dr. An Wang, CEO & Chairman     
WANG Laboratories, Inc. - Life Cycle & Stock Cycle . . . . 144
The Problem: Donald Trump, Trump Shuttle Become
    the USAir Shuttle, Why?  . . . . . . . . . 145
The Solution: Donald Trump - Life Cycle & Stock Cycle  . . . 145
Trump Shuttle Will Become the USAir Shuttle  . . . . . 146
The Problem: Maxwell’s Empire; U.K. - How It Grew,
    How It Fell Charming Big Banks Out of Billions  . . . 146
Maxwell's Empire . . . . . . . . . . . . . . . . . 147
About Robert Maxwell . . . . . . . . . . . . . . . 147
The Solutions: Robert Maxwell - Life Cycle & Stock Cycle  . . . 147
In Fact, Kevin Maxwell Is Declared Bankrupt by British Court . . 148
The Problems: IBM, What’s wrong?                                                     
The Problems: 1.) IBM Posts $8.04 Billion 2nd-Period Loss,
    alves Dividend, Plans 35,000 Job Cuts  . . . . . . . . . 148
The Problems: 2.) What's wrong?  IBM, Lowest Close
    Since The Mid-1970's $41  . . . . . . . . . . . . . . . . . . . 148
The Solutions: 1.) IBM Incorporated - Life Cycle & Stock Cycle  . . 149
The Solutions: 2.) IBM Senior Vice President, Terry R. Lautenbach -    
    Life Cycle & Stock Cycle   . . . . . . 149
The Solutions: 3.) IBM, CEO / Chairman, John F. Akers -  
    Life Cycle & Stock Cycle   . . . . . . . . . . . . . 149
The Solutions: 4.) IBM, Senior Vice President, Carl J. Conti -  
    Life Cycle & Stock Cycle . . . . . . . . , . . . . 149
The Solutions: 5.) IBM, President Jack D. Kuehler - 
    Life Cycle & Stock Cycle  . . . . . . . . . . . . . . . 150
The Solutions: 6.) IBM, Chairman / CEO - Louis Gerstner, Jr. -
    Life Cycle & Stock Cycle   . . . . . . , . . . . 150
The Problem: The Macy's Bankruptcy, Why?  . . . . . 151
Macy Says It Will Close 8 Stores, Including in New York Area  . . 151
The Solution: R. H. Macy & Company Chairman Edward S. 
    Finkelestein - Life Cycle & Stock Cycle . . . . 151
The Problem: SYNERGEN Halts Tests; Stock Dives . . . . . 151
The Solution: Synergen, CEO Jon S. Saxe - Life Cycle & Stock Cycle . . 152
The Problems: 1.) American Heritage Mutual Fund  . . . . . 153
The Problems: 2.) American Heritage Mutual Fund
    Heiko's Black Tuesday . . . . . . . . . . . . . . . . . 153
The Problems: 3.) American Heritage-The Steadman (Worst Fund) 1995 . . 154
The Solution: American Heritage Fund Manager
    Heiko Thieme - Life Cycle & Stock Cycle  . . . . . . . . . 156
The Problem: Spyglass, Inc.  What's Wrong? . . . . . . . . . . 156
The Solution: Spyglass IPO Offered Date - Life Cycle & Stock Cycle . . 156
Spyglass declares loss, beats estimated . . . . . . . . . . . 157
The United States, Bankruptcies at Record High  . . . 158
The Problem: Nomura Securities Co., Ltd.
    What’s wrong? Ex-Nomura President Arrested . . . . . 158
The Solutions: 1.) Nomura Securities Co., Ltd. Chairman, 
    Mashashi Suzuki - Life Cycle & Stock Cycle . . . . . 158                                                                         
The Solutions: 2.) Nomura Securities Co., Ltd. President -
    Hideo Sakamaki - Life Cycle & Stock Cycle  . . . . . 158
The Problem: What's Wrong? Yamaichi Announces Closure  .. . 159                                                                        
The Solution: Yamaichi Securities Co., Ltd. President, Atsuo Miki -
    Life Cycle & Stock Cycle . .  . . . . . . . . 160
Yamaichi Securities Co., Ltd. Announces Closure . . . . . 160
The Problem: Boeing Posts First Annual Loss in Half a Century . . . 161
The Solution: The Boeing Company - Life Cycle & Stock Cycle  . . . . 162
The Problem: Mitsubishi Electric (6503) To Shut
    Some Semiconductor Production Lines  . . . . . . . . . . . . 163
The Solution: Mitsubishi Electric Co., Ltd. Vice President
    Kazuya Yabu - Life Cycle & Stock Cycle  . .. . . . . . . . . 163
The Problem: Mitsubishi Gas (4182) Expects
    FY- 1998 Pretax Profit to Fall 30%  . . . . . . . . . . . . . 164
The Solutions: 1. Mitsubishi Gas Chemical Co., Ltd. Chairman,
    Reiji Nishikawa - Life Cycle & Stock Cycle . . . . . . . . . . 164
The Solutions: 2.) Mitsubishi Gas Chemical Co., Ltd. President,  
    Akira Oohira - Life Cycle & Stock Cycle . . . . . . . . . . . 164
The Problems: Major Japanese Banks Dispose of
    ¥10 Trillion Yen in Bad Lending In FY- 1997 . . . . . . . . . 165
The Solution: Bank of Tokyo - Mitsubishi, President
   Tasuku Takagaki - Life Cycle & Stock Cycle . . . . . . . . . 166
The Problem: Japan, Marubeni Corp. (8002)
   To Record First Net Loss in 46 Years  . . . .  . . . . . . . 167
The Solution: Marubeni Corp., President Iwao Toriumi -
   Life Cycle & Stock Cycle . . . . . . . . . . . . . . . . . . 167
The Problem: One of the nation's proudest names,
   Mitsubishi, presents a rather sad demonstration of 
   what is wrong with Japan these days?  Is A Setting Sun?  . . 168
The Solution: Mitsubishi Electric Co., Ltd. Vice President / Director
   Global Marketing Department - Kazuya Yabu
   Life Cycle & Stock Cycle . . . . . . . . . . . . . . . . . . . 171
The Problems: Japanese Corporate Net Profits Slide
   24.5% in FY- 1997: Nikkei Survey  . . . . . . . . . . . . 171
The Solutions: 1.) Itochu Corporation, Vice President
   Takashi Yamamura - Life Cycle & Stock Cycle  . . . . . . 172
The Solutions: 2.) Hazama Corporation - Life Cycle & Stock Cycle . 173
The Solutions: 3.) Shimizu Corporation, Vice President
   Kiuya Ogawa - Life Cycle & Stock Cycle . . . . . . . .  174
The Problem: Kyoto Kintetsu Department Store
   To Cut Payrolls By 15%  . . . . . . . . . . . . . . . 174
The Solution: Kyoto Kintetsu Department Store - President,
   Sigeo Inagaki - Life Cycle & Stock Cycle . . . . . . . . 174
The Problem: Daiwa Securities (8601), Nikko to Reduce 

   FY-1997 Dividends Due To Poor Earnings . . . . . . . . 175
The Solution: Daiwa Securities Co., Ltd. - Life Cycle & Stock Cycle  . 175
The Problem: Daiei Sees 1st Parent Pretax Loss since 1971 Listing  . . 176
The Solution: Super Daiei Inc. President
   Mitsujiro Motomatsu - Life Cycle & Stock Cycle  . . . 176
The Problem: Xerox Earnings Tumble by 59% . . . . . . . . 177
The Solution: The Xerox Corporation changed name
   from Haloid Xerox Inc. - Life Cycle & Stock Cycle  . . . 178
The Problem: Top Japan Banks' Latent Stock Profit Drops 75% . . 178
The Solution: Long-Term Credit Bank of Japan
   Takao Masuzawa, Chairman - Life Cycle & Stock Cycle  . . . 178
World Economy Is As Interconnected Today As In 1913  . . . . 179
The Problem: Major Japanese Banks Face Depressed    
   Earnings in FY- 1998   . . . . . . . . . 180
The Solution: Sumitomo Bank, Vice President -   
   Takayuki Osui - Life Cycle & Stock Cycle . . . . . 180
Japanese workers on Dole Grow to Record 2.43 Million   . . 181
Employment in Japan's Securities Industry Falls 41% from 1991 . . . 181
The Problem: Japan's Hanshin Bank to Absorb Troubled Midori Bank  . . 182
The Solution: Japan's Hanshin Bank Chairman Keiichido
   Yano - Life Cycle & Stock Cycle  . . . . . . 183  
JAPAN'S REAL CRISIS  . . . . . . . . . . . . . . 183
The Problem: Nissan Motor Plans to Sell 2 Factories,
But Output Levels To Remain Unchanged . . . . . . . . . 187
The Solution: Nissan Motor Co., Ltd. - Life Cycle & Stock Cycle . . . 188
The Problem: Mitsubishi, Mitsui Report Lower Profits;
   Marubeni Marks Net Loss for FY-1997 . . . . . . . 180                                                                       
The Solution: Mitsubishi Corporation, President Minoru Makihara - 
   Life Cycle & Stock Cycle / . . . . . . . . . . . . . 189
The Solution: Marubeni Corporation, President Iwao Toriumi -
   Life Cycle & Stock Cycle  . . . . . . . 189
The Problem: Eight Japanese Banks Declare
  Total 11 Trillion Yen in Bad Debt   . . . . 190
The Solution: Bank of Tokyo - Mitsubishi, President
Tasuku Takagaki - Life Cycle & Stock Cycle   . . . 191
Japanese Banks Write Off 287 Billion Yen
   In Asian Debt in FY-1997  . . . . . 191
Tokyo Foreign Exchange:
   Dollar Posts 81 - Month High vs. Yen . . . . . 192 
Tokyo Foreign Exchange:
  7 - Year High for Dollar - Yen   . . . . . . 192
South Korea, Stock Index Tumbles to 11 - Year Low to 331.90  . . 193
Tokyo Foreign Exchange: Dollar Flat vs. Yen,        
   Consolidates Below 139 Yen   . . . . 193                                                                          
The Problem: Nikon Suffers 58% Net Profit Fall in FY - 1997 . . . 194
The Solution: Nikon Corporation, President Shioichiro    
   Yoshida - Life Cycle & Stock Cycle . . . . . . . . . 195
Nikko Chief Says Brokerage Will Close 20 Overseas Units in 1998 . . 195
Yen Hits New 7 - Year Low
   Market Sees Dollar Rise to 142 This Week  . . . . . 196

Dollar Touches 7 - Year High in Tokyo

   On Japan's Economic Gloom   . . . . . . . . . . . . . 196
Foreign Exchange: Dollar Soars to Near 8 - Year High vs. Yen  . . 197
Dollar Briefly Surges Above 145 Yen in Tokyo   . . . 198
Yen Falls To Near 8 - Year Low on Japan's
   Weak Economic Outlook  . . . . . . . . . . , . . . 198
Japan Risks a "Great Depression" - MIT's Dornbusch  . . . 199
Japan Declares Obuchi Premier   . . . . . . . . . .  200
Japan Declares Obuchi Name Premier 'Reconstruction' Cabinet . . 202                    
Japan Picks Ex-Minister to Back Up Miyazawa
   at Minister of Finance   . . . . . . . . . . 203
Japanese Companies Rush To Sell U.S. Properties  . . .  . 204
Is Asia in a Depression? Hong Kong: Recession or Depression? . . . 205
THE ASIAN CRUNCH  . . . . . . 206
Is beginning to hurt the U.S.?  . . . . . . 206
Rockwell May Cut 4,800 Workers  . . . . . . 206
The Problems: 1.) Russia Suspends Rouble Trade, Panic Looms  . 207
The Problems: 2.) Bank of America Reports
Big Trading Losses in Russia   . . . . . 209
The Solutions: 1.) Russia President Boris Yeltsin -
   Life Cycle & Stock Cycle   . . . . . . . .  210
The Solutions: 2.) Russia President Yeltsin in office -
   Life Cycle & Stock Cycle  . . . . . . . . 210
The Problem: Tokyo Market Report Stocks:
   End Lowest in 12 Years; Domestic, Foreign Jitters  . . .  210
The Solutions: 1.) Japan Primer Minister Keizo Obuchi in office -
   Life Cycle & Stock Cycle . . . . . . . . . . . . . 210
The Solutions: 2.) Japan Emperor Akihito - 
    Life Cycle & Stock Cycle   . . . . . 212
Dow Plunges 357 as Crisis in World Markets Deepens . . 212
The Problem: Tokyo Stocks: Close at 12 Year Low . . 215
The Problem: Tokyo Nikkei Average Closes
    Down 779.55 Points or 5.78 Percent  . . . . . . .  216
The Solution: Tokyo Stock Exchange -
    Life Cycle & Stock Cycle   . . . . . . . . . 217
The Problem: Nomura Securities U.S. Unit
   Seen Posting $275 Million Loss   . . . . . . 218
The Solution: Nomura Securities International Inc.
   Life Cycle & Stock Cycle   . . . . . . . . . 218
The Problem: Nomura Securities Co., Ltd. (8604)
   Likely To Suffer 150 Billion Yen Interim Net Loss  . . 219
The Solutions: 1.) Nomura Securities Co., Ltd. President 
   Ujiie Junichi - Life Cycle & Stock Cycle  . . . . . 219      
The Solutions: 2.) Nomura Securities Co., Ltd. President in office
    Ujiie Junichi - Life Cycle & Stock Cycle . . . . 220      

 

 

The Asian Financial Crisis One Year Later  . . . . . . 221
The Problems: Financial Crisis in Asia, WHY? . . . . 223
The Problems: Japan's Bubble Economies, What's Wrong? . . 223
The Solutions: 1.) Emperor Akihito in office - 
   Life Cycle & Stock Cycle . . . . . . 224
The Solutions: 2.) Emperor Akihito - Life Cycle & Stock Cycle . . 224
The Solutions: 3.) Prime Minister Ryutaro Hashimoto -
    Life Cycle & Stock Cycle   . . . . . . . . . . . . . . 224
The Solutions: 4.) Prime Minister Hashimoto in office
    Life Cycle & Stock Cycle  . . . . . . . . . . . .  225
Hashimoto to Step down Following Electoral Rout . .  226
The Dow Fell 299.43 points  . . . . . . . . . . . . . 226
Life Cycle - Business Cycle - Stock Cycle
    For Corporation, and For Global Economy   . . . . . . 228
Global Financial Crisis: Cycle Analysis - Life Cycle &
    Stock Cycle  . . 229
What Do the Stars Say? Boot Up and See   . . . . . 231
What Do the Stars Say? Boot Up and Find Out  . . . 232
THE DOW'S WILD RIDE  . . . . . . . . . . . . . . . 233
THE NASDAQ'S WILD RIDE . . . . . . . . . . . . . . 234

Notes    . . . . . . . . . . . . . . . . . . . . . 235