Tuesday, October 18, 2011

Prashant Bhushan: The man everyone loves to hate , I respect and Love because of his straight talk

Prashant Bhushan: The man everyone loves to hate:

and I admire and loves.

'via Blog this'

Many people may hate him. Does that mean he is wrong? No, he is not wrong? In this world you will find very few people who are straight and talk justice. Those who talk for change are hated most. This is called history.

I love him, because of his cause. He fought whole life for this? If he is suddenly out of favor from any one does not mean that he is wrong.
Advocates of change needs people who stand firm on their feet and stand tall? If many hates him? There may be many who admires him and loves him.

Those who hate him does not understand philosophy of peace. The peace can not come without justice. Nation needs to stand tall for justice for those who can not afford and can not get it.

So I support and love Prashant Bhushan, Medha Patkar and Arundhati Roy. This does not mean I support all their views. These should be enough space in society to dis agree on certain issues, that does not make a person to be hated.
Make a point to love.

Baapu to fought for country, got Killed and many hated him that time, and still many hates him. The history shows, those who speak truth are hated by those who do not want change and peace in the society.

Friday, October 7, 2011

Girls are still killed

How much civilised are we

This is horror story of developing India. In this so called developed world we are killing daughters.
Islam has given them right and stopped the practice 1450 years ago. But still today we are living in world of Jahiliya.

I wrote before about India's Missing Girl Child. Where are we really going. What is the future of such society?

These are big questions and there is need to answer this?

The status of women in Islam.

Thursday, September 15, 2011

They Call it Trading, I call it gambling.


UBS Trader in $2 Billion Loss on Unauthorized Trade

Switzerland's UBS said on Thursday it had discovered unauthorized trading by a trader in its investment bank had caused a loss of some $2 billion.

"The matter is still being investigated, but UBS's current estimate of the loss on the trades is in the range of $2 billion," the bank said in a brief statement just before the stock market opened."It is possible that this could lead UBS to report a loss for the third quarter of 2011.No client positions were affected."
UBS shares immediately tumbled 8 percent at the open and were trading down 5.8 percent at 10.30 francs at 0714 GMT, compared with a flat European banking sector index [.SX7P  127.23    1.40  (+1.11%)   ] .

"It is amazing that this is still possible," said ZKB trading analyst Claude Zehnder. "They obviously have a problem with risk management. Even when the amount isn't so high it is once more a loss of confidence that casts UBS in a poor light."
"With this they are losing a lot of credit that they had regained with effort," he added.
UBS had started to see client confidence return this year after it had to be rescued by the Swiss state in 2008 following massive losses on toxic assets held by its investment bank.




UBS AG announced last month it is to axe 3,500 jobs to shave 2 billion Swiss francs ($2.3 billion) off annual costs as it joins rival investment banks in reversing the post-crisis hiring binge and preparing for a tough few years.
Investment banks worldwide have been hit by slow trading due to the debt problems in the euro zone and United States, as well as regulations aimed at forcing banks to hold more capital to protect them from future shocks after the 2008 global financial crisis.




UBS expects to book a restructuring charge due to the job cuts of some 550 million francs, and around 450 million francs of this will be booked in the second half of the year, with the majority recognized in the third quarter.