Showing posts with label Credit Crisis. Show all posts
Showing posts with label Credit Crisis. Show all posts
Tuesday, February 09, 2010
Friday, March 13, 2009
Kick A*s: Jon Stewart vs Jim Cramer
Jon Stewart vs Jim Cramer: It was fun to watch and it was very honest both side (I think).
Watch full unedited interview (with strong language).
I don’t think there’s any way Stewart is more knowledgeable than Cramer on markets, he’s just in the position of not being caught spouting garbage for the last several years. I like the fact that Jon made it a serious episode of it and hats of to Cramer for comming on and exposing the whole fiancial debacle. There would’nt have been a better way to handle the feud in which jon has repeatedly said that it was about the whole system.
and Impact of this-- to early to tell but already some noise about this on CNN
Remember Jon stewart's role in throwing CNN's Crossfire
Watch full unedited interview (with strong language).
I don’t think there’s any way Stewart is more knowledgeable than Cramer on markets, he’s just in the position of not being caught spouting garbage for the last several years. I like the fact that Jon made it a serious episode of it and hats of to Cramer for comming on and exposing the whole fiancial debacle. There would’nt have been a better way to handle the feud in which jon has repeatedly said that it was about the whole system.
and Impact of this-- to early to tell but already some noise about this on CNN
Remember Jon stewart's role in throwing CNN's Crossfire
Monday, February 23, 2009
Tuesday, January 13, 2009
Oracle of Alan Greenspan
71 people have died as a direct or indirect consequence of Greenspan's policies, actions or advices,.. Source: Alan Greenspan's body count
Tuesday, October 07, 2008
Indian Banks are not affected by Credit Crisis..!
Yes Indian banks are not affected by global Credit Crisis but you should know -- Indian Bank Accounts - Are your deposits insured?
Indian financial sector will be largely unaffected in any direct manner on account of deteriorating global markets.
Indian financial sector will be largely unaffected in any direct manner on account of deteriorating global markets.
Remember 60s/70s during Indian banking crisis, India goverment nationalized banks. Today that's happening in developed world. Ofcourse I don't think nationalizing assets will solve all problems but I do believe free market cannot regulate itself with third-public-eye.
Also Thanks to (ReserveBank of India)RBI's stringent regulatory requirements that require banks in India to maintain a cash reserve ratio of 9%, a statutory liquidity ratio of 25% and a capital adequacy ratio of 9% - measures to ensure a bank is not highly leveraged and is adequately capitalised.
Banks in Indian often complain that the regulatory cost of doing business in India is one of the highest anywhere in the world but given the unravelling of the credit crisis, they will have the central bank to thank for India being relatively unscathed.
Also Thanks to (ReserveBank of India)RBI's stringent regulatory requirements that require banks in India to maintain a cash reserve ratio of 9%, a statutory liquidity ratio of 25% and a capital adequacy ratio of 9% - measures to ensure a bank is not highly leveraged and is adequately capitalised.
Banks in Indian often complain that the regulatory cost of doing business in India is one of the highest anywhere in the world but given the unravelling of the credit crisis, they will have the central bank to thank for India being relatively unscathed.
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