Humpty Dumpty was Pushed
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…
In The News
One of Many Different Faces of Fraud (The “Healthy” Bank)
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]
Financial Markets: What is Happening?
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…
DOW 10000, The Redux
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…
Hindu Gods On U.S. Stamps
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…
El-Erian: Mind the Gap
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…
Ratigan on Obama’s Olive Branch
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…
Groundhog Day! Six more weeks of Winter :(
Groundhog Day is a holiday celebrated on February 2. It is held in the United States and Canada. According to folklore, if a groundhog emerging…
Volker: How to Fix the Financial System (Must Read)
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…
Help on Toyota Recall For Sticking Accelerators
[Via – ConsumerReports] In the ongoing saga of Toyota recalls, the company last night recalled another 2.3 million vehicles for potentially sticking accelerators. This recall…
Windows 7 upgrades Vista laptops to lower battery life
[Via – The Register] Laptop owners upgrading their Windows XP and Windows Vista machines to Windows 7 are complaining that Microsoft’s new OS has severely…
Greek in Plain English: To Bailout or Not to Bailout
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…
Shhhhh…. Don’t Tell Anyone
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…
Republic Day Present to Indian Students in Australia
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…
Fake Reporter Illustrates How Real News is Done
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…