Matt Taibbi Gets His Revenge on Goldman Shills
Back in May 2009, I talked a lot about Matt Taibbi’s article in Rolling Stone magazine, in which he called Goldman Sachs a “Vampire Squid.”…
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Interview With Yandamuri Veerendranath
As I grew up, I am not reading as much Telugu literature – especially Telugu fiction. But, as a teenager I read just about everything…
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Senators Gone Too Far on Goldman!
The readers of this blog know how much I love Goldman!! I watched some part of the ‘Goldman hearings’ yesterday. A lot of these senators’…
Stock Market Outlook
If it appears from my writings that I am heavily into stock market, that would be true in the past. But, currently I am in…
A Buffet of Derivatives in the New Financial Regulation Bill?
Remember the phrase by Mr. Buffet, “Financial weapons of mass destruction?” Not only that, several times he mocked investment bankers for little or no value…
My Hat Tip to Chakravarthy
For some time I have been planning to write this note of appreciation for Chakravarthy garu. I wanted to spend enough time to make sure…
Early Days of Fake News
I am a big fan of The Daily Show with Jon Stewart. Of course, that’s why one of TeluGlobe’s categories is “Fake News.” I think…
Sex Scandal in the Middle of the Goldman Fraud Case?
His name is Fabrice Toure. He is in the central figure in the Government’s fraud case against Goldman Sachs. He was only 27 when Goldman…
His Cure is Worse than the Disease
I think Senator Dodd’s bill on Financial Reform is no-good, very-bad, ugly bill! I have been investing/trading stocks and options (derivatives) for nearly 20 years….
Is Hitler a Leftist?
Here is a myth: During our debate last week, in a reference to the following depiction of political ideology (by Jesse) Chakravarthy said, “Hitler is…
Boycott Arizona
Let us pause for a moment on the virtues of free markets, progressivism etc. There is more fundamental problem in this country: the rise of…
Black and Bold
Ladies and gentlemen, this is what speaking truth to the power looks like. Watch William Black’s congressional testimony. While he was ripping Lehman, Fuld was…
World Economy At Cross Roads
Adam Smith and Karl Marx are two thinkers that shaped the post-monarchical political framework for the societies. More on these origins later… [Edited inset: I…
Is Nightly News Relevant Anymore?
Watch this news and tell me if you have any faith in the traditional news channels. By faith, I mean, if you trust them to…
Understanding Fraud Through Analogies
A complicated story is better understood with a rightly constructed analogy. Goldman’s selling CDOs and shorting them at the same time might be too complicated…