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Barack Obama

Election results: And the winner is…

by Carl Frederik Waage Beck on juni 8, 2009

The results are in, and the winner of Saviour 2009 is…….. (drumroll) Barack Obama!!!
Below is a detailed view of the votes:

When I initially started thinking about the idea of making an election as part of the exhibition in Brorsons church, I had no idea that reality would catch up and highlight the importance of personal responsibility.
As the votes where being cast on this site and by many on May 28th at the reception in Brorsons, 60 Iraqi refugees where sheltering in the crypt and in the organ loft of the church.

Their presence reminds us all that even though we can elect leaders to guide us through the rough patches, we still all have an obligation to “Do unto others as you would have them do unto you”.

These words where repeated by Obama last thursday in Cairo. Maybe this is why so many voted for him.
Take the time to watch the whole speech. The words are spoken at 52:10.

Best regards, Carl

“The Colorful Statesman” from Artworks by Carl Frederik Waage Beck

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The Danish FSA is currently looking into the case of Roskilde Bank which went backrupt in August 2008.
Niels Valentin Hansen acted as the CEO of Roskilde Bank before the books were opened and it became apparent to all that the bank was going to crash lest the Danish Central Bank step in.

“Red Banker” from Artworks by Carl Frederik Waage Beck

It has long been common practice in danish banks Including Roskilde Bank to offer favourable loans to clients who chose to invest by buying stock in the bank. This was a very nice way of propping up the share price of the bank, and the option-based compensation schemes offered to CEOs meant that this practice was obviously not frowned upon by the bank management.

January 18th saw the agreement of a new DKK 100 bn bank-bailout plan as well as a ban on any new stock-option schemes.
Yesterday, February 4th. Barack Obama signaled a similar move in Washington.

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