Citi's Vikram Pandit

New York Magazine recently ran an exceptional piece on the back story of Pandit’s rise to the top job at … More

GM's 5 year plan

As part of getting federal money, GM released its 5 year restructuring plan this week (download PDF). I briefly scanned the 100+ page document and … More

Doesn't Look Favorable

Doesn’t Look Favorable = DLF. India’s largest real estate developer DLF announced their 3rd quarter earnings this past week and it … More

Debt Spiral

Debt is the new four letter word. Debt is affecting everyone from Mr. Consumer to private equity firms like Carlyle. … More

Losing Season

It’s earnings season in India, but most companies aren’t earning a dime so I like to call it “losing season.” … More

Hyderabad Blues

The implosion of Hyderabad based Satyam has got everyone talking about “the scam” and asking how it was allowed to … More

Satyam has a new cook

Cook as in cooking the books. Satyam is the 4 largest IT major in India and was started by Rama … More

Here We Go Again…GMAC style

GMAC, the automobile financing company spun off from General Motors, finally received USD 6 billion from the US Government via … More

What I learned in 2008

As I’ve said before, 2008 was a year to forget. In 2008, I learned that a “Triple A” rated financial … More