I know I should be doing this every time we have a new contributor joins TeluGlobe (I promise that I will do this more regularly here after.) I welcome Bhanu Prakash garu to the pool of TeluGlobe. Here is a small auto-blurb on Bhanu Prakash by Bhanu Prakash. I am an electronics engineer by education. […]
Do yo want to know how fraud and corruption happens at the behest of the government, in United States? The issue is how to channel money from tax-payer to a pseudo banking organization without having to raise alarm bells. In this case, the Government agency in focus is FDIC. Of course, you can expect a […]
The problems in Greece have exposed structural problems associated with Euro as a currency. Several parallels are drawn between Greece and Bear Sterns: Greece problems are to sovereign debt as Bear Sterns problems are to mortgage debt. I am watching this unfolding crisis with disgust over two things: a) Wall Street corruption that has a […]
As I have alerted earlier on this blog that the epicenter of a new financial storm is currently centered in PIIGS countries – specifically, Greece. The problem is simple – Greece borrowed heavily for Olympics related spending and other growth. About 30 Bil Euros of that debt is due or needs to be rolled over […]
Here is a nonsensical rant from a right-wing nut and a CNBS host Larry Kudlow. According to this ‘recovered’ drug addict and yet to recover ‘BS’ addict, all tax cuts are good, unions are bad. Bailouts are a necessary evil as long as they prop markets which were not fundamentally justified being at the levels […]
Yikes… Mid-Atlantic states barely dug themselves out of the 30+ inch piles from last Fri-Sat snow. Many streets are only operating in as single lanes. More is on the way (it is already here in DC). We are pretty much snowed in for the last 5 days. Another 10-20 inches is expected tonight and tomorrow. […]
They claim to be the smartest, better than the best. yada yada yada. May be, they are better than the best at keeping the right people in right places. Ladies and gentlemen, “Goldmen” and their Sachs are everywhere there is power. Goldman Sachs is the power. [media id=33]
Mark Faber doesn’t need introduction. A smart, no, very smart investor. Listen to what he has to say.
Recent slide in markets is mainly attributed to the implosion of economies in PIGS (Portugal, Ireland, Greece and Spain). While this is going on,rumor is that Goldman is incurring significant losses YTD (year-to-date) on carry trade and may have to place stop-loss orders. One might ask, “What is a carry-trade?” I was going to explain. […]
Gretchen Morgenson of NY Times is a great business reporter. She is one of the few financial reporters who went against the market hype during the dot com does real work. In her latest NY Times piece (Testy Conflict With Goldman Helped Push A.I.G. to Edge) she exposed Goldman Sach’s sleazy maneuvers that may have […]
Jeff Dunham is a ventriloquist. Achmed, the Dead Terrorist is among is great acts. This video is one of the most watched videos on YouTube: over 106 million and counting! I might have been counted there at least 6 times. This is hilarious and fun. Enjoy. [media id=32 width=480 height=360]
These pictures are not taken by me. They were uploaded to Washington Post by various DC area residents. I downloaded some of them from Washington Post. [nggallery id=5]
Northeaster United States, got hit with a major winter storm. This epic storm dumped 18-30 inches of snow in the DC area. Presideent Obama called referred to the storm as “snomegeddon.” Expect major disruptions in many aspects of life along the the east coast for the next several days. If you are like me, who […]
February 11, marks the 36th death anniversary of late Sri Ghantasala. Though we will never forget him, I just wanted to remind you about him on this occasion with this podcast of an old MMGL archive.
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I have been a big follower of ‘The Onion’ and ‘The Daily Show’ for years. On today’s Mohana Murali Gaana Lahari, I took Kanaka Prasad’s help and tried to file a Jon Stewart – Aasif Mandvi style fake report on a gruesome murder that happened in Andhra Pradesh. I will put that report for podcast […]
