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 […]
Every one knows about Prince of Persia (POP). We used to play this in DOS version 15 years ago and slowly it has evolved into XBOX, XBOX 360, PS2, PSP, PS3 and finally Hollywood movie. I can’t wait to see this movie. Watch the trailer. [media id=30 width=480 height=360]
Scrolling text on your TV at times writes comedy by itself. Here is a screen capture of TV9 News. Take a look at the highlighted text. “The TV serial RuthuRaagaalu (misspelled) will celebrate 12th anniversary, despite any obstructions by police?” I thought this is funny.
There’s a new way to get things done -Just ask Siri No more endless clicking on links and pages to get things done on the Internet. Delegate the work to Siri and relax while Siri takes care of it for you. Need a table for 2 at your favorite restaurant next Thursday? Just ask Siri. […]
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 […]
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]
[Via – Dragos Roua] Habits are a very precious asset. They allow us to drive cars or ride a bike, to speak new languages or to predictably behave in society. But they can also become a burden. Or, even worse, an addiction. Think about smoking and you’ll understand what I mean. Knowing how to break […]
[Via – Lifehacker] Nowadays, we can do so much photo editing after the fact that we often don’t realize what a difference framing makes. Despite what you may think, stepping forward will probably be better than cropping later (or digital zoom) when taking photos. Helen Bradley explains on her Pro Photo Blog: If there is […]
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, […]
Hindu Gods have made their way into U.S. mail, with an Atlanta based company headed by an Indian American launching a series of legally valid custom-made postage stamps. The first of these 44 cent stamps featuring Sri Krishna, Shiva-Parvathi, Lakshmi, Lord Venkateshwara, Murugan, Vinayaka and Sai Baba were issued last month.
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 […]
