If you think that there is excessive corruption only in South Asian countries like India or other third world countries, think again. The corruption in United States is at times 1000s of times worse. Here it is more institutionalized. I present to you one such institution – The Federal Reserve Board of New York. The purported […]
This is a good read. Via CNN. For the American economy – and for many other developed economies – the elephant in the room is the amount of money paid to bankers over the last five years. In the United States, the sum stands at an astounding $2.2 trillion. Extrapolating over the coming decade, the […]
As US markets are closed for Labor Day, it got ugly in Europe today. The news got more gloomy over the weekend and today. Greece’s second bailout is in trouble Italy troubles deepened DAX was down more than 5% today. According to Belgian Nieuwsblad, the CEO of Belgium’s biggest bank has just resigned. Zero Hedge […]
Not just Amazon, DISH is going to start competing with Netflix. DISH also bidding for HULU. Netflix, the stock, is a toast. (Via Bloomberg) Dish Network Corp. (DISH), the second largest U.S. satellite-TV provider, will introduce a Blockbuster streaming-movie service to compete with Netflix Inc. (NFLX) next month, according to a person with direct knowledge […]
The other day I asked one caller on how he is accessing podcasts posted on TeluGlobe. It appears that he is listening to them directly using the web browser via TeluGlobe site. This is a good way. The trouble with this is older episodes cannot be seen immediately unless you seek older posts or […]
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Mohan’s Note: This podcast is sponsored by Audible.com®, a leading provider of spoken audio information and entertainment. Listen to audiobooks whenever and wherever you want. Please visit the sponsor site for a free audiobook and a free 14-day trial. ———- Apple అధినేత Steve Jobs అనారోగ్య కారణాల వల్ల పదవీ విరమణ చేస్తున్న సందర్భంలో జాబ్స్ ను అభినందిస్తూ నేను […]
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Remember this colorful exchange between Senator Carl Levin (D-MI) and Dan Starks of Goldman Sachs, who described in an internal e-mail that the securities Goldman sold was (on Timberwolf) is “one shitty deal?” Watch this video on YouTube ————- Watch this video on YouTube Well now, chickens are coming home to roost and Goldman could […]
Just a brief satirical take on news for the week ending on Friday, Sept 2. Just for fun. http://media.blubrry.com/mmgl/teluglobe.com/wp-content/uploads/2011/09/Satire-News-of-the-Week-811-09-02.mp3Podcast: Play in new window | Download (Duration: 3:16 — 3.0MB) | EmbedSubscribe: RSS
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The month of August accounted for zero job growth in the USA.(HuffPo) The U.S. economy added no new jobs in August as the unemployment rate stayed steady at 9.1 percent, the Bureau of Labor Statistics reported on Friday, the most concrete sign yet that the recovery has stalled out and a double-dip recession may well […]
Mohan’s Note: This podcast is sponsored by Audible.com®, a leading provider of spoken audio information and entertainment. Listen to audiobooks whenever and wherever you want. Please visit the sponsor site for a free audiobook and a free 14-day trial. In this part 2 of my first interview with Sri Jonnavittula, he answered such questions as […]
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Mohan’s Note: This podcast is sponsored by Audible.com®, a leading provider of spoken audio information and entertainment. Listen to audiobooks whenever and wherever you want. Please visit the sponsor site for a free audiobook and a free 14-day trial. Famous Telugu lyricist, poet, orator, and movie director Sri Jonnavittula Ramalingeswara Rao garu rarely gives interviews. […]
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I often get asked about where to invest savings. I express opinions on markets, but I don’t dish out investment advice. i.e. I won’t tell you what to do with your money. I can point to some information that I believe is credible – like this gentleman’s advice on what to do with your money. […]
Definition of Orwellian: “Orwellian” describes the situation, idea, or societal condition that George Orwell identified as being destructive to the welfare of a free society. It connotes an attitude and a policy of control by propaganda, surveillance, misinformation, denial of truth, and manipulation of the past, including the “unperson” — a person whose past existence […]
**** Just reposting this popular podcast from a year ago – in case you’ve missed it earlier ***** I have already posted the script of my fake encounter with the fictional Shopping Subba Rao in an earlier post. Call this work crooked social commentary or comedy – Kanaka Prasad and I were correct in thinking […]
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“Never believe in anything until it has been officially denied” – unknown. After days of denying speculation that Bank of America needs more capital, Bank of America did the expected – it raised capital. No ala carte. They went straight to Buffet and gave him a sweet deal. Uncle Buffet knows that sooner or later […]
