Archive for September 2008
Shhh…say nothing.
Posted by: Subrata Majumdar on: September 28, 2008
As someone pushing close to forty, I confess to watching Tom and Jerry. I also invariably spend my Sunday afternoons with a friend and am often compelled to watch Doremon along with my friend’s ten year old daughter. Between Tom & Jerry and Doremon I like the former. And I spent some time to [...]
Putting things in perspective
Posted by: Subrata Majumdar on: September 22, 2008
Fund to provide liquidity to mortgage backed paper: $ 700 billionadd Funds pledged to Fannie and Freddie : $ 200 billionadd Funds to buy out AIG: $ 85 billionadd Funds stuck in the Bear Sterns bailout: $ 29 billion
Total funds pledged by the Fed in current crisis = $ 1.014 billion trillionSize of India’s 2008 [...]
Fed’s Financial Prudence
Posted by: Subrata Majumdar on: September 22, 2008
A lot has been made of the Federal Reserve’s bail out of American Insurance Group (AIG), Freddie and Fannie and the announcement last week of the “several hundreds of billion dollar” fund to purchase illiquid securities. The markets worldwide heaved a sigh of relief after a week that shook the very foundation of [...]
Shed a Tear for Lehman
Posted by: Subrata Majumdar on: September 17, 2008
Ever since Michael Douglas, as the effervescent Gordon Gekko in the film Wall Street, took the microphone in the Telda Papers Annual Meeting and espoused the “Greed is Good. Greed clears the mind…” principle, Wall Street CEOs have subscribed to that with all heart. Lehman Brothers is not an isolated case of infliction [...]
My Professional Blog
- Now on Facebook! October 28, 2009
- Life After the Recession: The New World Order October 19, 2009
- Beta October 16, 2009
Recent Comments