I hope you got a chance to listen to my conversation with Vijay in part 1 of this podcast episode. In this part, you can hear the conversation Sri Ravindra Reddy and I had on the topic of development in the coastal vis-a-vis the development in the Telangana regions of Andhra Pradesh. [As some people […]
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Those who have been following US financial markets for a long time know one thing for sure: markets are manipulated by the money interests. Many savvy investors I know and follow have suspected collusion and conspiracy between the banks and the powers that be. If you are among them, you would be right. Geithner and […]
Two more Indian students have been assaulted in Melbourne, Australia. This is the latest in a series of attacks there targeting people from India. A group of attackers allegedly made racist comments before kicking and punching the students on Monday. One victim was taken to hospital and underwent surgery. Police have charged five men over […]
If you watched news in US for a long time, you probably have an idea when Tom Brokaw or Dan Rather tossed to the reported and how the reporter filed a report. They all have a standard template. A template that is perhaps cooked-up in some ‘reputed school of journalism.’ All these news reports look […]
Wall Street, the movie (released in 1987) Oliver Stone’s powerful narrative on the sleazy shenanigans of the Wall Street money machine. Who will forget the famous three words from this movie’s lead character Gordon Gekko (played by Michael Douglas) “Greed is good?” This phrase has echoed in the money halls of Wall Street and around […]
Now that Bernanke is confirmed for another term at the helm of the Fed, some pundits will have you believe that the stocks are safe. It doesn’t matter if he shares a major portion of the blame for current deflationary environment. Anyway, as a market contrarian I look for extreme sentiments on markets. Back in […]
A typical Desi’s choice of primary car in US is a Japanese model. Accord is at believed to be at the top of the list of most owned cars by Desis in US. Toyota Camry is perhaps a close second. You heard the news. Toyota is not only recalling 2.3 million vehicles, but entirely stopped […]
Apple’s iPad is here. తెలుగోళ్ళకి పండగే పండగ. iPod వచ్చినప్పుడు తెగ జోకులేసేవాడిని. “ఐ పాడా? అదేం పేరు, అయ్యో పాడు లాగ?” అని అడిగినట్లు, ఆపైన “పాడు అంటే పాడుద్ది అందుకే పెట్టారేమో ఆ పేరు…’ అని సరిపెట్టుకున్నట్లు. ఇప్పుడేమో iPad. I can imagine Telugu parents’ conversations with their kids. “ఏంటది? ఎయ్ పేడా?” Haa haa. haaa. BTW, please take the following poll. I created […]
“మన నాన్న” గా మనందరికీ ఆత్మీయుడు అయిన శ్రీ గుమ్మడి వెంకటేశ్వర రావు గారు మనకిక లేరు. Sri Gummadi Venkateswara Rao is no more. Many of us remember him as an endearing father figure. I met Sri Gummadi garu in person and hosted him at TANA 2007. Not only that, I had the honor of being a part of […]
Two years of business school education, and decades of experience in dealing with worthless securities is not enough to understand the complexities behind AIG bailout. Bernanke, one of the architects of the bailout, once expressed “outrage” over AIG executives getting bonuses. Today and this week both Bernanke and AIG will be in the news a […]
The rush for MBA degree and a job as a ‘manager’ was and is as original to America as an apple pie. A well educated hero in Telugu movies of good ole days is a medical doctor or an engineer. Now, the lead character in Telugu movies are often MBA graduates. If you thought an […]
I have copied and pasted the mail as it arrived in my mail box. The name of the person is irrelevant. If this is how this person first introduces himself to you, would you give him/her a job? I wouldn’t. Why?
It has been widely reported that Goldman Sachs got a sweet-heart deal from the bailout arm of the US Treasury, courtesy the then Treasury Secretary Paulson and the NY Fed Chairman, Tim Giethner. Tomorrow’s hearings on Capital Hill about AIG bailout has already shed a lot of light on the skeletons in Goldman’s closet. I […]
The caption says it all. Me thinks that a Bharata Ratna is likely for Rehman in the next 10 years. Congratulations, Maestro Padmabhushans!
This event by itself may not unsettle the credit markets like the news of Lehman Brothers bankruptcy filing did. But it epitomizes the symptoms of this country’s corrupt financial system where excessive credit and leverage has pretty much sucked every last penny out of the system – especially from the hardworking middle class.
