A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Bill Gross,the legendary Bond Investor labelled Collaterised Debt Obligations or CDOs as Bank’s ‘Egregious Concoctions’ ‘Egregious’ is an adjective that means ‘Outstandingly Bad’ The CDOs and the Credit Default Swaps or CDSs are the Devils that are will devastatingly demonize the Financial World in 2009…Outstandings at over US $ 650 Trillion….yes Trillion !….are over Ten […]
CDOs are Banks ‘Egregious Concoctions’ Read More »
A very Interesting article on Page 13 in DNA today got my attention…It concerns the Billionaire Mark Zuckerberg,Founder of Facebook…Apparently he paid off US $ 65 Million to two former Harvard Mates,ConnectU founders Tyler and Cameron Winklevoss for swiping their idea that led to Facebook It seems Tyler and Winklevoss had retained Zuckerberg in 2003 to
I’ve been reading R Jagannathan’s Columns in the DNA more frequently than before…As Editor of DNA,he is fearlessly and without favour coming across strongly in his Opinions…..does not hesitate to pen them while calling a spade a spade…surely a big burden to bear in these vested times ! I’ve met R jagannathan in a professional capacity before
Will Satyam Investigations deliberately reach a Dead End !? Read More »
42 Players were up for auction in this Second Edition of the IPL Cricket T-20 in India….A lot of them were just not bid for As was expected,English players,Kevin Pietersen (Base Price of US $ 1.35 m) and Andrew Flintoff (Base Price of US $ 950K) were snapped up for a record US 1.55 Million apiece by Bangalore and
A year ago,USA’s biggest bank ,Bank of America quoted at US $ 43.Yesterday is sank below US $ 4 and recovered to close at US $4.84…down 66 % in January alone this year Market Cap has sunk below US $ 31 Billion…Bloomberg puts it rather tongue in cheek…One share of Bank of America will not even buy you
Bank of America…Bubble ?…Bankrupt ?….Breaking Down ?….Going ? …Going?….Gone? Read More »
Very Cleverly,as is also not mandatory,Firstsource Solutions has avoided stating the Reserves position for the Nine Months ended December 31,2008 in both their Consolidated and the Standalone Results Firstsource Solutions has a current Equity of Rs 428 crs and had Consolidated Reserves of Rs 313 crs and Standalone Reserves of Rs 201 crs as at March