tag:blogger.com,1999:blog-1117143362420450584.post3315889382448157387..comments2008-10-23T10:40:11.004+11:00Tom McLeodhttp://www.blogger.com/profile/14251335392371547161noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1117143362420450584.post-47547007725772789522008-10-23T09:48:00.000+11:002008-10-23T09:48:00.000+11:00As a genuine call for outside help, SOS or MayDay seeks help from anybody that is able to assist. And assistance is genuine and altruistically provided, with other placing themselves in danger to help others.<BR/><BR/>If the GDC concept takes off, the call is received where exactly? Certainly I do not consider it should be broadcast as it will probably become self-fulfilling, triggering exactly the sort of knee-jerk, panic based reaction that we have recently seen in world markets - ie far from the objective reaction suggested and where preservation of one's own position takes precedence over saving the entity making the distress call. While the wording suggests that "Immediate management attention and remedial action is required.", markets will probably not give management the time to effect anything of the sort.<BR/><BR/>Thus, the GDC is most likely to be an internal distress call to rally the organisation's resources - get baling before we sink!Tom Wilsonnoreply@blogger.com