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Print 47 comment(s) - last by bldckstark.. on May 4 at 8:24 PM

Regional manager sets up bank loan without company permission

Gigabyte recently made shocking headlines when it announced that it would be leaving the partnership it had created with long time rival ASUS. Originally, the plan was to create a joint venture, where the two companies could cooperate on developing and manufacturing new products. Called Gigabyte United, the joint venture would have allowed both companies to share and take advantage of the other's resources.

This week, Gigabyte announced that it had lost roughly $5 million USD due to an internal scandal committed by one of its regional managers. Chang Chaosong, factory manager at Ningbo Gigabyte Technology in China, allegedly listed Gigabyte as a guarantor for a bank loan towards a third party loan. By being a guarantor, Gigabyte would be liable to repay the loan if the third party did not repay it.

Unfortunately for Gigabyte, the company or person in question that borrowed the money from the bank did not repay the borrowed money, and Gigabyte was held accountable for the loss. What shocked company officials however, was the fact that Chang did not request company permission before setting up the transaction.

Gigabyte is currently investigating Chang's actions and where and why the transaction was setup in the first place. Chang is no longer with Gigabyte.



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RE: Funny
By UserDoesNotExist on 4/29/2007 12:41:59 AM , Rating: 2
To those disagreeing with Dactyl:

The media is not 100% behind Israel. Just look at how many times you see pictures of armed Israeli guards busting down a door and Palestinian mothers crying over their dead children. Quite a bit. Now look at how many times you see pictures of crying Israelis whose families have been bombed by Palestinians or pictures of Palestinian militias. Not so much. I've found that the front-page pictures in a newspaper tends to be the best indicator of the political leanings of the editor. Pictures have a powerful impact, and people reading a newspaper usually aren't looking at bias in the selection of pictures, which leads to pictures being an excellent way to influence your audience without making them realize it. Ditto for movies, but that's an entirely different discussion.

As for the Muslim thing, it is not the responsibility of the newspaper to report how great Muslims are, which is entirely subjective whereas responsible journalism strives for objectivity. That might be suitable for an editorial, but not for the main news section. Presenting such things as facts is a form of propaganda, just like running supposedly factual articles about how all Muslims want to eat Christian babies is propaganda. Two different sides of the same coin. It is also not the responsibility of the media to try to "balance" the news of its own accord, for the same reason. This is a subtle form of population brainwashing. It's no accident that governments in totalitarian regimes always take over the media immediately (usually before they're even in power): being able to filter the news through your own political bias is the most powerful form of brainwashing there is, and it is the responsibility of democratic journalists to try to avoid this filtering of the news as much as possible.

Finally, this reminds me of the media coverage surrounding the incident that happened in Minneapolis. Basically, a bunch of imams tried to act like terrorists so that they would be apprehended by airport security and be able to file complaints of discrimination. Doing things like shouting phrases used by terrorists in the middle of a crowded area, talking loudly about how America deserves to suffer for the hanging of Saddam, sitting in seats near the exits that weren't assigned to them and refusing to leave them, and requesting heavily reinforced seat beat extensions and laying them besides their feet. This was only reported in the press near Minneapolis at first and slowly trickled out from there via word of mouth. I remember reading an old copy of the Star Tribune at a Starbuck's and being shocked that I hadn't heard of it before. I lived in Fargo, only 4 hours away, and this was mentioned nowhere in that day's Forum. Yes, we do have a newspaper in Fargo, hahaha, very funny. Nor was it mentioned in the Times or the Journal. You'd think this would be a pretty newsworthy item everywhere, especially since at the time it appeared that they were terrorists attempting to hijack the plane. Also, Lord knows how much the media loves to give any publicity chaser *cough*jackthompson*cough* their 15 seconds in the spotlight. But not this one, for some strange reason.

*Total Aside* I hate Bill O'Reilly. I know this has nothing to do with the topic, but I've had a hard day and I feel the need to vent, hence the already bloated size of this post. That man is not a conservative! Just read his first book, it's class warfare at its finest. He does twist it into some pseudo-conservative slant, but a half-lie is the most dangerous lie of all.


RE: Funny
By GoVNN on 4/29/2007 4:57:01 PM , Rating: 2
The fact that the entire mass media is owned by Jews is hardly debatable. Internets - thanks.
http://realnews247.com/who_rules_america_updated_2...


RE: Funny
By Lord Evermore on 4/29/2007 8:29:49 PM , Rating: 2
HA HA.


RE: Funny
By ceman on 4/30/2007 1:26:44 PM , Rating: 2
Wow what a scary website. No advertising on any of the pages? http://realnews247.com Check out the front page and consider the source... GoVNN (pause) are you a facist anti-semite?


RE: Funny
By GoVNN on 4/30/2007 1:54:09 PM , Rating: 2
That website isn't the source. The source is reality. Try Google if you want to challenge the data, but like I said - the FACT of jewish media control is not debatable. That's what that word "fact" means.


RE: Funny
By bldckstark on 5/4/2007 8:24:06 PM , Rating: 2
Wow, what a site. I searched Minnesota Imam and got no results. I searched google with the same phrase and got 195,000 hits. Talk about censorship. Do these guys work for Yahoo?


"The Space Elevator will be built about 50 years after everyone stops laughing" -- Sir Arthur C. Clarke

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