Sovereign Debt Crisis: Investors Bet on Prospect of 'Greek Accident' - CNBC
This is called CDS, derivatives and many good name. I call them casino's and betting. This needs to controlled. No one has the right to tell and bet on others bankruptcy.
Why people should pay for those who are playing casino's. Let them play casino's. Please don't call it banking.
Keep the banking, only banking clean of all garbage.
Make investment banking, and all its instruments a separate system, and clearly mention their risk as casino's. Those who want to play, no one can stop them to play with their own money.
These people should not be allowed to play with retirees money, pension funds, university money and insurance money and governemnt money and tax payers money.
Let them play with their own money.
The best solution for Greece and Euro, is to default.
Let the banker take hit and haircut on their debt.
Tax payers should not be made to pay for luxury of bankers and banking.
Thursday, June 16, 2011
Default will not be a trigger for next melt down.
Greek PM to Reshuffle Cabinet; IMF 'Concerned' - CNBC
Will Greece be trigger point?
No I don't think so?
It will not be a trigger for next melt down, it is already discounted in market. It is smaller than Lehman default? The strigger needs to be bigger. There is nothing to worry? If it default, then it is best thing now. If not then it will default in next year or so. Present situation of Europe is much better than USA. The toxic is in the system there and financial system.
European default in general will not be trigger for next meltdown? After Greece........ Irland...... Spain.........Portugal...........Italy. One at a time. Still no problem. They all will default in next three to five years time, if not now. Let us clean it.
Global meltdown trigger can only come from USA, I am waiting for AIG or Goldman, they will be the trigger for collapse.
In my opinion Fed will go for next round of easing and then let us wait for more.
This will be 3 to 5 years. And best job guarantee is War?
War is coming? Libya is one, Yemen next, then Syria and yes Sudan. This how to create jobs for 10% unemployeed US.
Arab world has started changing but now, this is turn of Europe to change.
Greece, Space and many more more regime will change.
Will Greece be trigger point?
No I don't think so?
It will not be a trigger for next melt down, it is already discounted in market. It is smaller than Lehman default? The strigger needs to be bigger. There is nothing to worry? If it default, then it is best thing now. If not then it will default in next year or so. Present situation of Europe is much better than USA. The toxic is in the system there and financial system.
European default in general will not be trigger for next meltdown? After Greece........ Irland...... Spain.........Portugal...........Italy. One at a time. Still no problem. They all will default in next three to five years time, if not now. Let us clean it.
Global meltdown trigger can only come from USA, I am waiting for AIG or Goldman, they will be the trigger for collapse.
In my opinion Fed will go for next round of easing and then let us wait for more.
This will be 3 to 5 years. And best job guarantee is War?
War is coming? Libya is one, Yemen next, then Syria and yes Sudan. This how to create jobs for 10% unemployeed US.
Arab world has started changing but now, this is turn of Europe to change.
Greece, Space and many more more regime will change.
Wednesday, June 15, 2011
The best option for Greece is to default
Euro Debt Crisis: Greece Crippled by Protests, Strike Over Austerity - CNBC
Greece are already junk grade CCC and nothing more to lose. The best option today for them is to default. Dubai defaulted and restryctured and now moving slowly so is Iceland. in 1996 currency crisis Indonesia along with other nations used the gimmick.
Why the nation and peoples pay for the American Mess? Let there be default, give the bond holder including the master of the ring Goldman big haircut. It will take some time but Greece will be soon out of crisis.
Default will help Greece to come out of the crisis soon. If we look at history of default then, Argentina and many more defaulted. The bond holder who paid for corruption and luxury must be held responsible and given good haircut on their value.
Why future generations pay for the crisis?
No to mess? No to Printing Press? No to Printing money worth nothing.
For the bright future and safe and secure tommorrow for the next generation best solution is default.
The bond holder must pay for their risk?
This is only way out.
Greece are already junk grade CCC and nothing more to lose. The best option today for them is to default. Dubai defaulted and restryctured and now moving slowly so is Iceland. in 1996 currency crisis Indonesia along with other nations used the gimmick.
Why the nation and peoples pay for the American Mess? Let there be default, give the bond holder including the master of the ring Goldman big haircut. It will take some time but Greece will be soon out of crisis.
Default will help Greece to come out of the crisis soon. If we look at history of default then, Argentina and many more defaulted. The bond holder who paid for corruption and luxury must be held responsible and given good haircut on their value.
Why future generations pay for the crisis?
No to mess? No to Printing Press? No to Printing money worth nothing.
For the bright future and safe and secure tommorrow for the next generation best solution is default.
The bond holder must pay for their risk?
This is only way out.
Black Day For Indian Industry and Development of West Bangal
The Singur Drama - Justice or Injustice - Development or Backwardness
Revenge will never deliver anything, it will only deliver revenge. Those with good heart and good intentions never go for revenge.
Today is very sad day for West Bangal, it will start a long road to injustice. If west bengal people voted for development, Mamata Di with Pranob Da can not deliver it. In my career, I saw and experienced Tata's very closely and worked with their many social veentures.
I can say 100% and I am more confident no one Indian industrial house has the record as good as of Tata's to deliver the society, the most wanted justice.
Tata Trust and Tata Brand in general are known for their social commitment for last more than 150 years. This is more than the life span of Da and Di together. Tata's changed life of people through out the nation.
I remember very well when I was doing my MBA from Pune University, we visited Tata Motors and saw how their HRM work. I am really surprised to see how much care they take about their people. The man who was heading HRM knows workers with names, their kids and what they doing. What are the problems they are facing in society and always eager to solve it.
After my MBA, I was with the team which launched Tata Select Equity ( first socially responsible and shariah compliant fund of India.). I worked on many projects fully supported by Sir Ratan Tata Trust and Sir Dorabaji Tata Trust. I know how much they care about the society and problems society facing for livelyhood.
Unfortunately this is worst of decision by Di and Da. It will take West Bengal to 19th Century.
What is the record of Di and Da? Do they really have anything to show, except derailed Railway? From profit making to losses? Apart from shounting what else Di can do?
This will not be justice to anyone, it will start long battle between the state all powerfull and those who care for peoples of nation, definitely Tata.
Tata's has impeachable record of , no one can take it by legislation. This is long judicial battle. The battle which may take 25 years may be more, only my next generation will see if at all it happens, who wins.
Brand of Tata will win Hearts, because it is in Hearts of Indian. It is brand of India. No one can defeat it.
Revenge will never deliver anything, it will only deliver revenge. Those with good heart and good intentions never go for revenge.
Today is very sad day for West Bangal, it will start a long road to injustice. If west bengal people voted for development, Mamata Di with Pranob Da can not deliver it. In my career, I saw and experienced Tata's very closely and worked with their many social veentures.
I can say 100% and I am more confident no one Indian industrial house has the record as good as of Tata's to deliver the society, the most wanted justice.
Tata Trust and Tata Brand in general are known for their social commitment for last more than 150 years. This is more than the life span of Da and Di together. Tata's changed life of people through out the nation.
I remember very well when I was doing my MBA from Pune University, we visited Tata Motors and saw how their HRM work. I am really surprised to see how much care they take about their people. The man who was heading HRM knows workers with names, their kids and what they doing. What are the problems they are facing in society and always eager to solve it.
After my MBA, I was with the team which launched Tata Select Equity ( first socially responsible and shariah compliant fund of India.). I worked on many projects fully supported by Sir Ratan Tata Trust and Sir Dorabaji Tata Trust. I know how much they care about the society and problems society facing for livelyhood.
Unfortunately this is worst of decision by Di and Da. It will take West Bengal to 19th Century.
What is the record of Di and Da? Do they really have anything to show, except derailed Railway? From profit making to losses? Apart from shounting what else Di can do?
This will not be justice to anyone, it will start long battle between the state all powerfull and those who care for peoples of nation, definitely Tata.
Tata's has impeachable record of , no one can take it by legislation. This is long judicial battle. The battle which may take 25 years may be more, only my next generation will see if at all it happens, who wins.
Brand of Tata will win Hearts, because it is in Hearts of Indian. It is brand of India. No one can defeat it.
Monday, June 13, 2011
Govt favoured RIL in gas contract: CAG
Govt favoured RIL in gas contract: CAG
Is this the first time? If we look at history of reliance and Dhirubhai Ambani, during licence raj. This is history of GOD father, GOD father of reliance, their fooprint in corridores of power. Past and present government has always helped them over others.
Even before they can acquire land for Jamnagar refinery, IPO came, which is approved by government. UTI invested 850 crore(8.5 in it, it is pre IPO subscription. No one really sure and it ws debated during UTI US64 debacle which government rescued.
The famous rivary between Reliance and Bombay Dying and assault on Nusli Wadia was well known. For sure no one really known the 8500 companies which are the persons acting on consent in reliance who are they?
These 8500 private comapnies are source of corruption and used for channelling benefits and money to the their political GOD father.
The c
Is this the first time? If we look at history of reliance and Dhirubhai Ambani, during licence raj. This is history of GOD father, GOD father of reliance, their fooprint in corridores of power. Past and present government has always helped them over others.
Even before they can acquire land for Jamnagar refinery, IPO came, which is approved by government. UTI invested 850 crore(8.5 in it, it is pre IPO subscription. No one really sure and it ws debated during UTI US64 debacle which government rescued.
The famous rivary between Reliance and Bombay Dying and assault on Nusli Wadia was well known. For sure no one really known the 8500 companies which are the persons acting on consent in reliance who are they?
These 8500 private comapnies are source of corruption and used for channelling benefits and money to the their political GOD father.
The c
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