顾名思义，次级房贷（Subprime Mortgage）比“一级”房贷低了一等；假设财务状况或借贷纪录无法通过一般贷款筛选，则可求助于次级房贷。尽管次级房贷可提供方便给这些“纪录不良”者，不过利率都比传统房贷高。

当银行吸取大批次级房贷后，总不成抱着这一大叠房贷欠单，等着贷款人每月偿还贷款；因此，银行会把收集回来的房贷重新包装，将之转换成房贷型证券（Mortgage-backed Securities），尤其是贷款抵押债券 （Collateralized Debt Obligations，CDO），再转卖给投资者。如此，银行又可重新获得现金周转，投资者则有多一项投资选择。

这些贷款抵押债券可带给投资者超出一般的回酬，成为近年来备受欢迎的投资工具。因此，一旦贷款者无法偿还贷款或逾期不还，就直接连累整个投资链，拖累许多投资公司及基金公司的投资表现。

Recently the petrol price keep on increase, it increase more than 60% since 2000. but most of my friend still prefer to buy car due to failure of our public transport.
Then question come into my mind. Should we wait for hybrid car since it is more competitive as environment friendly and petrol saving? Even though […]

到底谁是槟州新中华小拆校事件的祸首？这时候我又想起那口口声声说代表我们六百万华社的人在哪里？为什么没看到他们出来为我们说话？全到那去啦？对他们这样的态度失望，还好还有一班热心人士坚持着我们的理念 “不管怎样，华小一间也不能少 ！”[…]

MAS (Malaysia Air Lines) recruit one foreigner as management staff with RM 7525 per day, and the funny thing is the foreigner said “me is not the one who get this salary package, it only a standard package la�?.

Recently Proton come out a new “model” car call “Chancellor”, target market are high-ranking Government officers, corporate heads and senior executives.