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Fed Chairman,Ben Bernanke scares all !

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 …

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Indo US Nuclear Deal ratified by the USA President,Bush on Gandhi Jayanti

Stark Reality this !…..The US Senate passed the Indo Nuclear Deal by a resounding 86 to 13 Vote on October 1,2008 …..Next Day was Gandhi Jayanti and the USA President,George Bush ratified the Deal….Mahatma Gandhi stood for Ahimsa and Non Violence…was it just a stark coincidence or was it what James Redfield,a modern day thinker, termed as “Synchronicity” in …

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Time to get greedy says Investment Guru, Warren Buffett

Living Investment Legend,Warren Buffett has just committed US $ 8 Billion to the Two Big ‘G’s”,Goldman Sachs and General Electric (GE) Hey Mr Buffett ! I’m also a “G” ! Buffett has been a fan of General Electric for decades…Interestingly the Indo US Nuclear Deal too has just been passed and GE is expected to get orders from India for …

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On DOW Cue,SENSEX Set to Crash as Market Opens in the Morning

It’s just past 3.30 am in the morning here in Mumbai and I’ve just been witnessing Panic on Wall Street as the DOW reacted violently to record it’s worst Points Fall,closing 778 Points (7%) down at 10365 on the Bail-out Package of US $ 700 billion being rejected by the US House of Representatives On Cue,Sensex …

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Sensex closes down near 4% at 12596…”Allah Ke Bande “…Keep the Faith !

Thanks M Square for initiating this Song for me earlier today….Since then I’ve been Humming Kailash Kher’s ” Allah ke Bande “ whole of this afternoon watching the Sensex drop to close near 4% down losing 506 points at 12596…..Can’t help sharing these lyrics with allof you…so hum along with me and keep the Faith…just replaced “Parinda” with …

Sensex closes down near 4% at 12596…”Allah Ke Bande “…Keep the Faith ! Read More »

USA was building a House of Cards last ten years !

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 : …

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