The Shorts Did It!!
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…
Business
The Giant Vampire Squid in 10 Minutes
Ah! Goldman Sachs games and shenanigans explained in 10 min. [media id=59 width=500 height=370]
Market Manipulation: Exhibit 1 Stock Action on Feb 25, 2010
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…
Greece: A View from Inside (News Reel)
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…
Unexpectedly a Lot of “Unexpected” News
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…
Go-Go-90s: Introduction (1 of 3)
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…
Goldman Disects Hedge Fund Holdings
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….
Credit Card Protections in Effect
[Via – ConsumerReports] Today the bulk of the consumer protections of the Credit Card Act of 2009 go into effect. They usher in some strong…
Zero, Nada, Zip: That Would be the Number of Arrests
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…
Adios, CitiBank
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…
This is Sad but May be How it Begins
This is not a major news event – but significant, nonetheless. If you take anything to an extreme, what we will be left with is…
Citibank didn’t have Enough
Citibank neither had enough, nor do they think that they gave us, the citizens enough of their crap. In the Mexican peso crisis of 1994-1995…
Goldman Invoved in Greece’s Crisis
Tachedda kothi vanamella cherise (or Ta chedina koti vanamella jerise / cherise depending on how you pronounce it in telugu). Goldman apparently helped Greece to…
How Government Benevolence Contributes to Teenage Unemployment
Teenage unemployment is at 25.5%, an all time high since government started tracking these numbers in 1948. An estimated 1.64 million kids between ages 16…
Another Major Shock to the World Economies?
I am not a ‘chicken-little’ or an alarmist of any kind. But, when I see disturbing developments that are going to affect our livelihood and…
Podcast: Play in new window | Download (Duration: 5:44 — 2.9MB) | Embed
Subscribe: RSS