One my earliest memories of my life in US is my indoctrination by my University of Tennessee classmates about College Football, the Super Bowl, and, most importantly, Super Bowl ads. This Sunday I am rooting for Colts. Did you ask why? Dumb question. Of course! Payton Manning. He is a Tennessee Volunteer like myself. Go […]
This person has been living in their house without making a mortgage payment for nearly a year and a half, and the bank – it’s one of the “Big Three” – HAS NOT FORECLOSED. [Big three: Bank of America, JP Morgan Chase and Citigroup]
If you haven’t noticed the recent turmoil in world financial markets, you haven’t been paying attention. Oh yes, it will affect you in one way or the other. Wonder what is happening? In July 2007 it all started with was souring debt and derivatives related to sub-prime mortgages. Essentially, corporate debt and its derivatives. Now, […]
CNBC is notorious for its cheer leading for markets when they are going up. They even go to the extent to discredit any voices of reason for urging caution against insanity in markets. They got to cheer for DOW 10,000 – twice. Well, they must be devastated to see the magic line cross again today, […]
Few people with vested interest in financial markets openly say things that are worth listening to. Mr. Mohamad El-Erian of Pimco is one of the few financial gurus with some integrity left. He is telling us to be cautious in financial markets. Why? You can read more on his thoughts at Bloomberg, “Mind the Gap.” […]
Jon Stewart recently weighed in on Toyota’s problems in his own style. Watch this funny clip. It would be even more funny if it weren’t true. Look to the end for really good punch line about Toyota CEO. The Daily Show With Jon Stewart Mon – Thurs 11p / 10c Toyotathon of Death www.thedailyshow.com Daily […]
I wasn’t really worried until this latest recall news on Toyota Prius has come out. Software problems? Brake problems? This is an eerie reality to android cars in Hollywood movies that take control of the driver and kill him/her. Stopping distance is what I am currently covering in the transportation engineering class I am teaching. […]
Dylan Ratigan was one of the very few sane reporters on CNBS. He was shown the door for reasons not disclosed. However, he came back to host a morning show, “Morning Meeting” on MSNBC about 10 months ago. Listeners of Mohana Murali GaanaLahari know that I strongly believe that President Obama only talks tough and […]
The tradition of Punxsutawney Phil, the groundhog, forecasting the length of the reminder of winter by looking (or not looking) at his own shadow has been a ‘tradition’ in the USA for over one hundred years. This silly tradition on February 2nd has become something to look forward to during the bitter cold days of […]
I have great respect for Mr. Paul Volker, former Chairman of the Federal Reserve Board. He is widely credited for saving the US financial system from an environment where inflation was 13.5% in 1981 to about 3.3% in two years. He did not bow to business or political pressures and gave the economy the tough […]
Well, this is how winter looks around my place. I took most of these pictures in and around the trail in Ellanor C. Lawrence Park, Fairfax, VA. Some pictures were taken on Dec 20, under 26 inches of snow, and some were taken on Jan 31, under about 6 inches of snow. It is pleasant […]
One of the Daily Show’s classic satires on Goldman Sachs. Throw yourself under the trembling Goldman Sachs pyramid to cushion the blow for them. children first, they are the softest!! It would be funny, if it weren’t true. The Daily Show With Jon Stewart Mon – Thurs 11p / 10c Pyramid Economy www.thedailyshow.com Daily Show […]
In the next few weeks we will be hearing a lot about sovereign debt crisis for Greece. Debt crisis is derivatives crisis. Derivatives are Greek – a lot of Greek! I found this simple chart at Zero-Hedge and it explains the ramifications in a decision tree, and in simple English.
I took these pictures in Delhi in March 2009. Big animals in big city. I thought it will give you a kick. This is for all the kids and the kids in you. Enjoy! 🙂 [Too bad my camera battery was dead, or I could have take more pics!] [nggallery id=3]
Until I arrived in US, I had no clear idea on what “four seasons” really meant. Well, it took one full year for me realize the beauty of four seasons, which we never experience in India. Here is how a trail in Ellanor C. Lawrence Park, where I regularly walk, jog or bike. These are […]
