Quantitative Easing… made easy for at least 1.2 million people!

After watching this cartoon by Omid Malekan, QE2 must be clear - at least conceptually - to the 1.2 million viewers who've watched the video on YouTube! If that hasn't worked for you, try following Felix Salmon on Reuters to see why Quantitative Easing may not quite be the solution to solving America's 'burning' issues/problem/s - job … Continue reading Quantitative Easing… made easy for at least 1.2 million people!

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Reasons to reject re-appointment of Mr Bernanke… except for one!

It may be that a Republican has won in Massachusetts. Even so, it may be imperative to reappoint Mr Bernanke as Chairman of the US Fed Reserve because alternative candidates are worse qualified for this position. (This reeks of the old adage, "a known devil is better than an unknown angel".) Better stated... 'Better the devil you know, … Continue reading Reasons to reject re-appointment of Mr Bernanke… except for one!

PIN is sin… says Credit Card company… go figure!

Try figuring this out, and you're caught in a maze. Indeed, I'm amazed at the lack of transparency that prevails through the entire credit card industry... and we, as consumers, are all caught in the quagmire, getting sucked deeper with no way out... except to carry cash! But, think about it, if you are out … Continue reading PIN is sin… says Credit Card company… go figure!

He wanted to be a “Quant”…

In the late 90s, my close buddy quit his well-paid job of 'research scientist' with a leading oil company. He wanted to be a "quant". Lured, not by the money; that would follow (and plenty of it, although not quite as much as the obscene figures that Wall Street traders take home), but by the … Continue reading He wanted to be a “Quant”…

Ad Agency layoffs

In Spring 2008, when I referred to layoffs at marketing companies and ad agencies, some smart alecks scoffed at my words, merrily mocking me and my writing. Numerous people holding jobs then dropped pearls of wisdom... "Network, get yet another degree (since my MBA does not seem to cut it), or better still, change your … Continue reading Ad Agency layoffs

Laugh, or cry… Yahoo! Finance User Comments… 090309

How you would react to the following, I wouldn't dare predict, but I just fell off the chair, laughing! "Cancel your credit card before you die..........(hilarious!) Now some people are really stupid!!!! Be sure and cancel your credit cards before you die. This is so priceless, and so, so easy to see happening, customer service … Continue reading Laugh, or cry… Yahoo! Finance User Comments… 090309

Ex-leaders of lending, once again at the forefront!

Express regret and thou shalt be absolved of blame. So what, you cannot be held responsible for the turmoil, despite ranking high within the nexus of all those who must bear responsibility for the present debacle in the financial world; a  disruption that not only affects past borrowers of home-loans, but also those who hold … Continue reading Ex-leaders of lending, once again at the forefront!

Till death do us part…

That is the note on which the marrying couple's vows end... oh yes, not to forget the kiss that binds both partners. But, when either one of the couple dies, the marriage "contract" ends. However, I'm now referring to debt after death, which can be akin to the kiss of death... this happy couple's story … Continue reading Till death do us part…

Recent quotes, pleas… from leaders in banking!

Hear this: "Don't give up on us... give us a chance to execute.": Vikram Pandit, Citigroup. "We're Americans first and bankers second.": John Stumpf, Wells Fargo  & Co. "I feel more like corporal of the universe, not captain of the universe at this moment.": Ken Lewis, Bank of America. "As an industry, we clearly made … Continue reading Recent quotes, pleas… from leaders in banking!

What shall I write about… New York, or Mumbai?

Not just my fingers, but even the cells in my brain seem numbed by this wintry cold. Yes, the last time I tried to write was on January 1st but, ironically, poodwaddle seems to have stopped ticking for me since then. Could it just be writer's block? Well... I'll soon find out. Today, after almost … Continue reading What shall I write about… New York, or Mumbai?