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ThinkDifferent
Groupie
Joined: 29/Oct/2007
Location: India
Online Status: Offline
Posts: 68
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   Posted: 07/Mar/2008 at 8:08pm |
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Brilliant!!!
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I am an Amateur in Stocks.
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stocktin
Senior Member
Joined: 14/Jan/2008
Location: India
Online Status: Offline
Posts: 208
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Posted: 07/Mar/2008 at 8:54pm |
Kulmanji,
You are phenomenal! I must ask Garden Court to keep open all night next time.
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taggy
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 08/Mar/2008 at 2:21pm |
The Laal Street Journal
To cut a Long story Short
MBAs will need to work hard now?
(TLSJ reporter)
| Is the subprime crisis taking its toll on IIM recruitments this year? Early indications suggest that the number of positions offered by global investment banks to students in Indian Institutes of Management (IIMs) are slowing down. |
excerpted from ET Global investment banks going slow on IIM hiring?
TLSJ conducted a random survey about this latest trend. Here are some interesting findings:
1. 66% readers were concerned that who will prepare those 'structured finance' deals, recommend 'swaps', 'exotic toxic derivatives' to clients.
2. 34% people surveyed were of the opinion that MBAs from IIM should instead add real GDP to Indian economy by working in core sector industry.
3. Microsoft is worried for a different reason: If those MBAs don't join iBankers who will buy their liecensed version of PowerPoint presentation software?
4. Tie manufacturers & Suit makers as well as branded shoe makers see slowdown in sales.
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Life can only be understood backwards—but it must be lived forwards
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 09/Mar/2008 at 8:09am |
The Laal Street Journal
To cut a Long story Short
Losses of the Bosses
(TLSJ reporter)
Due to readers' concern TLSJ contacted the offices of concerned owners/promoters to understand the situation.
To our surprise no one seems perturbed because of this loss though we couldn't directly reach couple of them. However, our sources say that all have confirmed that this is just a notional reduction of wealth. Thankfully they do not trade shares owned by them in FnO segment which could have resulted in booking of actual losses to the tune of at least US$340 Bn (considering 5x leverage) to meet mark-to-market margin calls.
Edited by kulman - 09/Mar/2008 at 8:18am
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Life can only be understood backwards—but it must be lived forwards
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 11/Mar/2008 at 9:23am |
The Laal Street Journal
To cut a Long story Short
It's a bit unfair: Ms Chameli
(TLSJ reporter)
In an exclusive chat with TLSJ on this news, Ms. Chameli had this to say:
"I'm extremely dissatified with such hypocrisy. It's not only in the West but even in emerging economies like India. The tragedy is that no one tries to understand the importance of our profession, which your readers may know is oldest in the world. Why punish that poor governor? If Fed is printing & distributing easy Dollars, why this fuss when people spend on their basic needs.
Having said that from business point of view, I don't foresee any slowdown in activity as we are fairly recession-proof. As a policy decision however, I have decided not to do business with Investment Bankers as they want to enjoy both ways and when it comes to settle my fees, they point fingers to their client."
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Life can only be understood backwards—but it must be lived forwards
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 12/Mar/2008 at 5:01pm |
The Laal Street Journal
To cut a Long story Short
Wah bhai wah!
(TLSJ reporter)
Hexaware Technologies Ltd has informed BSE that RiskTech, a leading provider of Enterprise Risk Management and Risk Technology services, on March 11, 2008 announced a number of key market expansion achievements. RiskTech has won four new consulting and implementation contracts in Europe Asia-Pacific and Middle-East. The contracts are in the area of credit risk and operational risk technology. All four clients are either regional or global "Tier-1" banks aiming for Implementing advanced risk management frameworks and achieving Basel II compliance.
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All efforts of TLSJ reporters to contact the management today were futile. Perhaps it is do with the query we tried to ask the Hexaware team: "If you have Risk Management solutions for others why don't you have one for your own Fx Derivatives Trading on the pretext of hedging?"
Edited by kulman - 12/Mar/2008 at 5:03pm
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Life can only be understood backwards—but it must be lived forwards
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 13/Mar/2008 at 3:46pm |
The Laal Street Journal
To cut a Long story Short
CFO jailed
(TLSJ reporter)
Bengaluru: CFO of a large organisation was jailed for beating the company security guard today afternoon. Police reports suggest that while returning from lunch the security guard saluted the CFO & said in Kannanda: "Saar, Yen Samachara?". The CFO got so angry that he started punching the guard all over the body. The guard has been admitted in a local hospital for treatment & is believed to be in serious condition.
TLSJ's investigative reporters have learnt that the trigger for CFO's anger might be 'knock-out' levels breaching in exotic toxic Fx Derivatives in Japanese currency.
As per last reports, CFO has been released on bail of INR 5,000 (equivalent to USD 123.50 or JPY 12,350)
Edited by kulman - 13/Mar/2008 at 3:51pm
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Life can only be understood backwards—but it must be lived forwards
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
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Posted: 13/Mar/2008 at 5:08pm |
LOL Kulmanji….you are one of a kind! Absolutely unique creative ability! There is a big company based in North India (Index Stock), whose Yen stops are yet not done!
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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