Kindliness rekindled

Late night studying. Can't believe I'll be going through that phase again. When it comes to knowledge, we humans are at the bottom of the food chain. Don't you think so?

However, I'm not inclined to make another pointless babbling of the endless, never-ending chapter of another tiring college exam period. Last night, I decided to study in one of the auditoriums made available for students during the exam month. Apart from a few Arab lads chatting with the we-run-the-town attitude, everything else seems fine and bearable.

What stood out was actually this one particular girl who was studying with her bunch of friends. Its not that she's pretty or anything (One of her friend is actually pretty cute with that Korean-looking resemblance), but what happened afterwards was.

She and her friends left the auditorium approximately one hour before I did. When the guards came knocking for their daily chores of masa-untuk-menghalau-budak, I packed up to leave. Then I stumbled upon a purse lying on the floor. I did not know what went through my mind, but I quickly put it into my bag.

"Hey I found a purse. Let's take the money and buy ourselves some Gucci bags"

Now this was the part where syaitonirrojim came to my ears and whispered,

"Take it!"

Before you judge me, please go through the remainder of the story alright? 

I got into the car and started the engine. And till then I remain undecided about what to do with this purse. That guilt feeling started to beleaguered me like the first time you lied to your parents when you sneak out. I mean, we all do that right?

I always remind myself about karma. Buat baik dibalas baik, buat jahat maka buruklah balasannya. So I browsed through the purse, looking for a number. Found a sim pack so I made a few calls. At first nobody answered, then a text message came ;

"Who is this?? why did u call my 012?"

Thank god the owner texted back. I carefully arranged my words and told her that I was the person studying behind her and that she left her purse there bla bla bla. So we agreed to meet up at her residence so I can hand her the purse personally. (If its a guy I don't think I would do this). Btw, there she was, standing at the gate in her pyjamas.

I handed her the purse, she asked for my name as how a normal first meet up would be. Couldn't tell whether she was shocked or relieved at that time. (And maybe sad also to know the guy who saved her purse wasn't that handsome as how she might thought).  

Okay skip everything altogether. What I felt afterwards was this eccentric sense of joy and glad that I controlled myself from committing a foul act, and that I managed to help a person in trouble (A cute girl if I should add). 

"Come and let's be good to each other"

After what you've read, don't judge me for bragging about me helping a helpless girl whatsoever. What I'm trying to say here is I realized that it wasn't that hard to constrain yourself from doing bad things. You just have to find a trigger in that smart brain of yours to know that if you do bad, it will come back to you eventually.

So, let's come and spread the love and kindliness that we thought the society has now lost. Because it hasn't. 

-No love is lost-

Moral Hazard

Daily classes from morning to the evening , limited parking lots annexed with blazing hot weather is an endurance test for every students at any point in time. Honestly, with this worrying attitude of procrastinating, entering classes early is a rare occasion for me. 

Well, this post is not mainly about grumbling on how typical college life would be. Perhaps it is on what I found when I was browsing through the news feeds on Times Mobile (It is what I normally do when I find the subjects in class particularly boring and unmanageable, pardon me for that). I stumbled upon a short article commenting on moral hazard.

The term moral hazard you will quite likely find it more often used in the financial world. Moral hazard is defined in the books as a situation where there is a tendency to take undue risks because the costs are not borne by the party taking the risk yada yada yadaaa. 

Don't get the idea? Let's put it in a simple way, just imagine a rich kid getting $50 bucks for his daily expenses. This kid wouldn't bother to save a tiny bit of the 50 bucks everyday coz he knows his parents will give more if he runs out of money. (Please enlighten me if there's a better example than this)

 

"I want my $50!"

Here's an extract from Times on JPMorgan Chase & Co and its CEO, Jamie Dimon ;

(For those who may not know, JPMorgan Chase is an American multinational banking corporation dealing largely in financial securities, investments and retail banking. If you want to know more you are welcomed to utilize the good function of Google.)

"....What if the loss had been larger? What if JPMorganChase were teetering on the brink of failure? Well, we would have to bail it out, of course. The financial system simply could not handle the collapse of one of its six largest institutionsof higher earning ; the economy would once again crash.

The term of art when a bank reaches the size where it is too big to fail is moral hazard. That means bankers will tend to act less responsibly if they know the government won't allow them to go under, if there are no real risks in risk...."

This article was referred to the loss this corporation made in the very sort of proprietary casino gambling that led to the financial crisis 2008. Okay, if the terms are getting too jargon, you may not bother more. 

What I'm trying to say is moral hazard is not an attitude we would only find within the confines of office spaces and men with black suits. We all have it too, and unknowingly, we could have done it in our everyday life ; being irresponsible.