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News
Doing the God’s Work
Remember the infamous slip of tongue by Goldman’s CEO Lloyd Blankfine that Goldman is doing “God’s work?” This PBS report sheds some light on that “God’s work.” You will know what front-running is. Pay particular attention to what former insider Nomi Prins and hedge fund manager Jeff Macky are saying. I agree with Jeff’s defense […]
Will Volker Rule Rule?
Finally the only economist on this planet who has really succeeded in battling dire economic conditions with a series of tough measure is having his say in regulating US financial institutions. The following is an excerpt from Mr. Volker’s interview with the Financial Times on Feb 11th. Excerpts: “The implication for Goldman Sachs or any […]
Facebook Chat Now Available Everywhere
We believe you should be able to connect with your Facebook friends everywhere. We’re happy to announce that now you can with Facebook Chat. Starting today, the more than two billion chat messages sent on the site every day can be sent from your favorite desktop instant messaging client. By integrating Facebook Chat with your […]
iPhone Explorer
Want to put your iPhone or iPod Touch in disk mode? Use an iPhone as a flash drive? iPhone Explorer is an iPhone browser for Mac that lets you browse the files and folders on your iPhone as if it were a normal USB flash drive or pen drive. You can use the very easy […]
The Lone Warrior Against Sleazy Banks
It seems to me that Elizabeth Warren, Chairwoman of Congressional Oversight Panel is the only person fighting for the consumer against the sleazy business practices of big banks. See this interview and notice how CNBS anchors, whose job is to shill for Wall Street money interests, come out as apologists for those unconscionable business practices […]
Greece Bailout
Today the Eurozone leaders have announced some sort of a rescue plan for debt burdened Greece. The pledge failed to calm fears. Experts I follow are warning that this sovereign debt storm will not stop with Greece, Spain or Portugal. It is expected to spread to entire Europe and affect US and all economies in […]
Welcome, Bhanu Prakash
I know I should be doing this every time we have a new contributor joins TeluGlobe (I promise that I will do this more regularly here after.) I welcome Bhanu Prakash garu to the pool of TeluGlobe. Here is a small auto-blurb on Bhanu Prakash by Bhanu Prakash. I am an electronics engineer by education. […]
Volvo’s Pedestrian Detection and Avoidance System
Volvo is coming up with a pedestrian detection system and avoidance system which avoids the accidents involving pedestrians. The cool thing about this system is that the car will stop if the driver fails to detect a pedestrian in front. Volvos are known as “TANKS” for providing safety to the occupants. They pioneered the seat […]
Recycle Old Tees into Cozy Computer Clothing
Once upon a time, it was your statement to the world — a show of school pride, a taste for graphic design, a photo of your favorite singer’s mug shot. These days, it probably sits unworn in storage. Here’s your chance to transform your old, favorite t-shirt into wearable duds for your laptop.
Google Buzz
No setup needed Automatically follow the people you email and chat with the most in Gmail. Share publicly or privately Publish your ideas to the world or just to your closest friends. Inbox integration Comments get sent right to your inbox so it’s easy to keep the conversation going. Photo friendly See thumbnails with each […]
American Style Fraud: With Government Blessings
Do yo want to know how fraud and corruption happens at the behest of the government, in United States? The issue is how to channel money from tax-payer to a pseudo banking organization without having to raise alarm bells. In this case, the Government agency in focus is FDIC. Of course, you can expect a […]
Toyota Issues
I hope most of the folks are not affected by the Toyota recall. The news surfaced five months back . For all their excellence Toyota lost car making in the last few years. The pressure of becoming number one probably forced them to cut corners. Click here for an interesting read on the behind the […]
BBC Report: Is Euro Crumbling?
The problems in Greece have exposed structural problems associated with Euro as a currency. Several parallels are drawn between Greece and Bear Sterns: Greece problems are to sovereign debt as Bear Sterns problems are to mortgage debt. I am watching this unfolding crisis with disgust over two things: a) Wall Street corruption that has a […]
BBC Report: ABCs of Greece Economic Problems
As I have alerted earlier on this blog that the epicenter of a new financial storm is currently centered in PIIGS countries – specifically, Greece. The problem is simple – Greece borrowed heavily for Olympics related spending and other growth. About 30 Bil Euros of that debt is due or needs to be rolled over […]