As soon as a bomb goes off…you hear the same news and views. We have 33 channels and one news..so you see the same faces and the same dialogues. People who deal with the police forces realise that the police force is nowhere near competent to solve the attacks. Forget stopping the new ones – […]
For those of you who do not use what is parroting – it is repeating some cliche statements without understanding what it means. It also includes those statements which some of them may have no clue what it means. Let us take some statements which I hear…and some which are on the media: 1. Sir […]
Last week I met with a very senior person in a very very big bank. It took almost 10 minutes of security check before I reached him. As usual I asked him “How come your bank which has such a high training budget not spend any money on teaching personal finance to YOUR OWN EMPLOYEES?” […]
2 companies I know and have dealt with are going through a crisis. For obvious reasons their names are held back. Both these organisations are very aggressively run and run by the founder himself. Both the founders are about 50 years of age and have created a good name for themselves. Most of the employee […]
Everybody is happy that V Ramakrishnan has got the Nobel prize. Let us make a list of happy people. Tamilians are happy that he is the 3rd Tamilian who has won the Nobel prize. Physics students are happy because Mr. Ramakrishnan is a student of physics. Biologists are happy because he won it for Chemistry. […]
Today we will se how the other (vociferous!) distributors will react: These are the smaller distributors who were getting 2% (atleast) to about 4% as marketing fee. However this money was coming from the client – and many clients did not know about it. However many distributors were giving all their ‘income’ back to the […]
This is the headline that Jonathan Weil used in his article in Bloomberg. You must read the full article. Here is a summary: Freddie had accumulated $ 34.3 billion (yes Billion) of paper losses, but excluded them from calculation of regulatory capital. All Freddie had to do was say the losses were “temporary” and they […]