fuller version of this article of mine appeard in retuers under this heading: The Meltdown’ What to do? As a colleague in the office told me, if you want to fail and you are expecting a storm, fail first! So some of the “early birds” got protection, and then the protection vanished! The […]
Aig, lehman, Bear sterns, Paulson, Ben Bernanke, Fed, ….if these words have been ringing in your head, and you do not understand what really happened, join me! There are many like us …so as usual I searched and a friend obliged. So here is the link – please read it: http://freakonomics.blogs.nytimes.com/2008/09/18/diamond-and-kashyap-on-the-recent-financial-upheavals/?em I hope you like […]
Is the United States of America a capiatlist state, a communist state or a socialist country? The answer is obvious is it not? It is a capitalist country…well er so you thought. When Lehman, AIG, Merrill, etc. were distributing high salaries all of them looked like they believed in capitalism. Surely they would have said […]
Mohan Chand Sharma a senior police officer has been shot dead by terrorist. Of course a few tears will be shed for him, the delhi police, the delhi state government and the central government will issue statements. Some money will be paid to his widow and slowly all be forgotten. Does his wife feel at […]
What a move by the US regulator and followed by the European regulator. Great. Now you cannot short sell. However, please remember you can always buy put options and make money. Unless regulators around the world allow free markets to play, there is no cribbing about how the market behaves. If somebody has short sold […]
We love Americans, do we not? We use American branded shoes, cola, potato wafers, we even eat Italian Pizza in an American joint. Then we eat vada pav in another American joint. Then we drink American cola. Then we go to an American hospital, take American medicines to cure ourselves. Recently we have stopped using […]
The heavens are falling!! Heavens are falling!! Such a headlines will surely catch your attention, will it not? Media TRP / clicks are a function of excitement in the market – not a bull run or a bear run. Similarly brokers revenues are a function of frenzied activity by the client. Not just a buy […]