A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Check out the takeover story of Cambridge Solutions in Business Standard of yesterday http://www.business-standard.com/india/storypage.php?autono=336391 Now check out the Trading Pattern on the BSE in Cambridge Solutions from Last week September 2008 till date Cambridge Solutions on the BSE Date Close (Rs) Volume No of Shares No of Trades Turnover (Rs) 22 September 2008 43.40 6290 70 …
How would you like to Bet on other People’s Debts !? ….Will they Pay or will they not !?…USA has this great Gambling Product that goes by the terminology of CREDIT DEBT SWAPS or CDS for short Just read the frightening revelation that the Exposure currently on CDS is US $ 54.6 Trillion…that’s over three and …
Spooky CDS Exposure of US $ 54.6 Trillion…yes, Trillion ! Read More »
Our Sensex Reached an intra-day high of 21206.77 on January 10,2008 this year,but had registered ahighest closing of 20873.33 just two days earlier on January 8,2008 To gauge the Erosion in Equity on the Bombay Stock Exchange from January 8,2008 to September 30,2008 just have a look at the Indices Table Below…Buffett just commented that USA is …
FY 2000/1 Being Repeated….Huge Erosion in Equity in 2008 till Date Read More »
On Thursday,September 18,2008 in a hastily and urgently convened meeting in the Conference Room of the House Speaker,Nancy Pelosi,both the Federal Reserve Chairman,Ben Bernanke and the Treasury Secretary ,Henry Paulson presented the Proposed US $ 700 Billion Financial Bail-out Plan for the First Time to Congressional Leaders Some Participants leaked out that Ben Bernanke starkly …
Hindsight it’s easy to point fingers of Blame at just about everybody but yourself ! But just review this historical evidence in USA of the excessive and irrational liberalisation in the Financial Sector by the Regulators and make your own judgement 1996: The US Fed Chairman at the Time,Alan Greenspan warns of “Irrational Exuberance” 1998 : …
USA was building a House of Cards last ten years ! Read More »
Washington Mutual (WaMu) ,one of USA’s biggest Banks was forcibly taken over by the regulator,FDIC yesterday and sold off for US $ 1.9 Billion to J P Morgan even while the Chairman and CEO of the Bank was on a flight in Mid Air…The quick move was to prevent a collapse as Depositors had already began …