Vikram Pandit and Indra Nooyi are the two most prominent executives of Indian origin at Fortune 500 companies. From what I have read, Indra is doing a fantastic job as the CEO of Pepsi. On the other hand, Pandit caught the ‘I am a banker, and therefore I am special!’ bug. Today he was out […]
Ah! Goldman Sachs games and shenanigans explained in 10 min. [media id=59 width=500 height=370]
From Doonsbury:
TeluGlobe is an ambitious project, the goal of which is to create a social network for Telugu people with a global perspective. I am not expecting this place to be meant solely for serious discussions. I expect visitors to kick their shoes, relax while listening to music and/or have some fun. I am one of […]
Earlier today I was having a chat with Kanaka Prasad. The issue of education (adult and kids) came up in our discussion. A bit later I went to a recruiting event organized by our University, where I talked a bit about degree requirements in our program etc. I came back to my office and checked […]
Stop being naive in believing that the stock market is ‘efficient’ and all those nonsensical theories developed by some crackpot economists. In a LESS manipulated market, you may have a chance at making money in ‘investing’ or ‘trading’ securities. You might ask, “what about making money in the current market environment?” To that I say, […]
If you are watching the economic developments around the world through the tainted glasses provided by CNBS, you would think that everything in the world is just fine. Economic utopia is around the corner, yada yada yada. What else do you expect from a TV network that panders to the financial shills, a la, mutual […]
If you are following a lot of news on the economy lately, you would have read headlines saying something or other got “unexpectedly” worse. Some headlines this week: Jobless claims unexpectedly rose last week (today) New home sales unexpectedly plunged in January (earlier this week) Consumer confidence unexpectedly plunges to a 43-year low (yesterday) Durable […]
At the top. 43% of the Hindus make more than 100,000+. Check it out for yourself (Source: Good.is).
The purpose of this post is two-fold. To give some background on my earlier blogging (or its predecessor: bulletin board life) on the subject of economy and financial markets; and To lead you into a phenomenal video produced by PBS Frontline on this subject as a sequel to this post. I have been educating myself […]
There is a valid place for the financial sector in the economy. But it should be the cart pulled by a horse called manufacturing economy. Not the other way round as it has been in the last 7 to 10 years. In other words, the economic activity has to be based on production and sale […]
The legend has it, “Those who fail to learn from history are doomed to repeat it.” [Something like that.] Bill On financial matters, Bill Black is one of the guys always worth listening to. He was a successful bank regulators who handled the Savings and Loan debacle in late 80s and early 90s. In this […]
This is the third and concluding part of the 3-part interview with Sri Nalamotu Chakravarthy on “Who we are as Telugu people.” In this part Chakravarthy talked about Harihara Rayalu’s bravery, Reddy Raajulu, Velama Kingdom, Musunuri Nayakas. How Pratapa Rudra and hence the Kakateeyas fell. Also toucched were war ethics of Hindu and Muslim rulers. […]
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Basavaraju Venkata Padmanabha Rao popularly known as Padmanabham: 20 August 1931 – 20 Feb 2010. In his 65-year old film career, he made millions laugh and at times cry as an actor. One of the most significant gifts he gave the Telugu community is introducing SP Balasubrahmanyam in his production, Sri Sri Sri MaryadaRaamanna. The […]
CitiBank’s stock price revisited the level at which a massive secondary was issued in late 2009 ($3:15). The secondary was issued so that they can get out of TARP and issue bonuses. Now it recovered some. Is Citibank in trouble again? The following is via Seeking Alpha: Seen on a recent Citibank (C) statement: “Effective […]
