Musings of a Random Life

Archive for the ‘capitalism’ Category

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 [...]

Those who live by the sword…

Posted by: Subrata Majumdar on: February 6, 2008

Two disgruntled employees of Patni Computer Systems, an Indian technology outsourcing company, has filed litigation that they were grossly underpaid, contravening their employment contract when brought over to the US on an H1-B visa. This may come as a surprise to some but is something that has been going on for quite a while [...]