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"...even the wicked get worse than they deserve." - Willa Cather, One of Ours

Monday, June 14, 2004

Business is Booming in Iraq...

Iraq & Iraqi`s
...for the lawyers at least.
I was a little boy in school when I learned that some vaccines are made of the same germs of illness, but in small or light dosage.

So today I was taking our lawyer to do some business in companies registry office when he told me that nobody can imagine the number of private companies being established and registered these days, they are more than lawyers can register and more than private chartered accountants can do accounting. So I told the man about the idea that as well as the car bombs and random assassinations negatively can affect our lives, it’s got a positive affect too. Because we are [becoming] immune against such disease (terrorism). At the same time we were passing the crowded area of “Tahreer Sq.” where a bomb car were just exploded and it was still crowded just like nothing happened.

[...]

After I got out of Tahreer Sq. and avoided traffic jam I passed the building of Baghdad Stock Exchange...my partner said last Friday about it “its going to be opened this month and they practiced a test exchange last Saturday, and there was a great job done by the coalition helping the Iraqis old team to reopen as soon as possible”. Laws was changed, a new board of directors without government representatives, a new place, a new techniques of exchange, and of course many more job opportunities for the market staff and for brokers companies and for the investors.

[...]

...I will keep the site visitors informed about what’s new in ISX (and thats Iraq Stock eXchange)reopening and its all on http://www.isx-iq.net/ .
The electricity is still pretty shaky, but this is good news of some sort.

It is also telling of the CPA's priorities.

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