ExpertDabbler

Kudos to:
To Ada-paavi, for his josiyam that Morgan Stanley and Goldman Sachs will soon transform themselves to full fledged banks. He told me about a week ago and it is turning out to be true today!

Volga vilirundhu Gangai varai:
This book is a tamil translation of Volga se Ganga. This is a masterpiece and will remain for long in my memory. I had my own doubts before opening the book. The author, Rahul Sankrityayan was a Marxist, and I also thought he had too strong a faith in the Aryan Invasion Theory. Despite those, I still think it requires a ‘soorathanam’ to write a book like this.

‘Ente Keralam’ restaurant:
Agreed it is expensive, but the food they serve makes it well worth the money. It’s high time some of the mokkai three star/five star hotels learn how to cook from these specialty guys.

Lessons from:
USA is fast becoming into USSRA - United Socialist States for the Rich in America would be more apt.

Qualitatively, I do not see much difference between free color TV, free 2 acre land, reservation to IAS officer kids, 60,000 Cr. farm subsidy in India and the seven hundred billion bail out package in US.

Lehman was my first big client. Some of the names of the applications I worked on include: Global Credit Risk, Firm Risk, etc. I only wish they had something like Lehman Risk, Tax payer’s money risk etc.

When ten people commit a crime, it is easy to implement law and order and punish those ten. When only ten people obey the law, it is much more pragmatic to redefine what is right and wrong and punish the same ten people who obeyed the law in the first place. That is what governments do. This is what happens be it US or India. The issues vary, but the end result is the same.

via Ada-paavi

This entry was posted on Monday, September 22nd, 2008 at 3:06 am and is filed under Other's blogs, Credit crises. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.