I don't know how anyone does business in china - so damn corrupt.
Yeah, not like Wall St
Wall Street = Exchhange
China = State
So if you wanna compare those then compare China to the US.
And no, the US is not even close when it comes to corruption. Everyone who has lives in China for some time and did business will gurantee you that.
I "gurantee" you are wrong:
http://en.wikipedia.org/wiki/Wall_Street is the financial district of New York City,[2] named after and centered on the eight-block-long, 0.7 miles (1.1 km) long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial sector (even if financial firms are not physically located there), or signifying New York-based financial interests.
Doesnt matter one bit.
Compare Wall Street to the Chinese financial sector. OK.
or
Compare China to the US. OK.
But dont do those goofy wannabe comparisons while whining about the so evil Wall Street.
If you wanna compare then compare Wall Street with the Chinese financial sector.
Becoming insulting. Thats all you got? LOL!
In terms of friedcat and ASICMINER we were talking about the corruption that usual businesses in china face EVERYDAY and the threats that is imposing to ASICMINER. Such corruption is simply not happening in the US. In china there is simply no jurisdiction that you can rely on. That means that a random functionary of the communist party can force you to pay him his new pool or tomorrow you wont be doing business anymore.
To complain and whine about evil wall street may or may not be justified, but in this context of ASICMINER and doing business in china it is simply annoying and missplaced.