Warren Buffett held a press conference on Saturday in Omaha, Neb. He answered questions about the trading scandal with David Sokol and Lubrizol. The public has been really focused on this story. No surprise, really. David Sokol was on the short list of people who could take over for Buffett when he […]
Legalizing Online Gambling In The USA
I would like to take this opportunity to commend Barney Frank, the United States House Representative for Massachusetts. Frank has been proactive in the fight to legalize online gambling. With the economy the way it is, legalizing online gambling is essential. According to “The Safe And Secure Internet Gambling Initiative” this would create 32,000 jobs, […]
Tales from India- Superstition rules the roost
India is making significant advancements in various areas of scientific development. Be it in the field of satellite or atomic research, exploration of space or underwater, rocketry or mission to moon, everywhere India has left a stamp of scientific temper that is in construct of our modern nation. However, that is one side of the […]
GM Restructuring Really Looking Smart
Fitz Henderson deserves credit for seizing the moment. He is adroitly using the bankruptcy process to create a new GM that will be a global powerhouse. My read on the situation is that the Obama Administration is giving Mr. Henderson the political cover that he needs to unfold the clean-sheet restructuring plan of the consummate […]
Attack on cricket in Pak; ICC statement disappointing
Earlier, the Australia cancelled the cricket tours to Pakistan and following the attack on the Sri Lankan team in Pakistan, Cricket Australia Chief Executive James Sutherland said on Wednesday that Australia would be ready to host matches in the 2011 World Cup. One fails to understand why Australia cancelled the tour earlier, and later, just […]
Focus on AIG After Lehman Brothers Inc Collapse on Wall Street
The trading session on September 16, 2008 was again choppy. The charts suggest that there is some buying force coming from investors betting on a short term technical rebound after the previous day of free fall triggered by the collapse of Investment Giant, Lehman Brothers Inc. At this time, the market is already lacking positive […]