The Reserve Bank of India has just issued (I mean I just saw it at 9.30pm) a circular signed by its CGM – Alpana Killawala. This says the investigation of the cobrapost.com episode (where they had showed bankers talking about money laundering) will be over by 31st March, 2013. Great. The investigation will exonerate […]
I wish I could do an article like that in India. I have always been screaming that we do not have enough good quality publicly available data. Does not matter whether I am talking about investing, saving, spending,….read this data driven article by Motley Fool http://www.fool.com/investing/general/2012/06/15/4-shocking-examples-of-the-decline-of-the-middle-.aspx
Are the Indian promoters who destroy shareholder wealth the worst in the world? Or are there some who are worse than that? In the American context there were AIG, Citibank, Goldman Sachs, Lehman, Freddie Mac, Fannie Mae… or should we talk about the worst environmental disaster by BP? Well well, the list is long is […]