Although at the moment the financial markets seem okay, there is still an undertone of pessimism. When thinking of the … More
Category: Business
Bear-ly Alive
Bear Sterns the 5th largest investment bank cracked under the credit crisis that is affecting the financial markets, it got … More
S&P says subprime mess end in sight
S&P says writedowns from subprime-tied securities will probably rise to $285 billion, or $20 billion more than S&P forecast two … More
Vodafone's Sarin on India
Vodafone’s Arun Sarin is originally from a small village in central India. He left for the US to attend graduate … More
Building the Ambani Empire
What timing, I finished reading Polyester Prince on Feb 10th and on Feb 11th the Reliance Power IPO from Anil … More
Microsoft bids for Yahoo
Many people are wondering what the name of the new company will be if the deal goes through…in reality who … More
Credit Risk-y Business
Its been a crazy two weeks in the financial markets, let’s recap: – SocGen announces a USD 7.1 billion fraud … More
What is $7.14 Billion?
The amount that Soc Gen should have told analysts was due to write-off’s related to subprime loans. Instead Soc Gen … More
Stan O'No Neal
Stanley “Stan” O’Neal joined Merrill Lynch in 1986 and after various positions took he over as CEO and Chairman of … More