Citigroup CEO Vikram Pandit, who just butchered 4,200 jobs the other day for so-called expense management reasons, got about $26.7 million in stock (1.094 million shares) on January 22, 2008, according to the bank’s regulatory filings with the Securities and Exchange Commission. Vikram Pandit also received options on three million Citigroup shares, with strike prices ranging from […]
U.S. Presidential candidate Barack Obama trounced rivals Hillary Clinton and John Edwards in the Democratic primaries in South Carolina. Obama got 55% of the votes while Hillary secured 27% and Edwards 18%. Following his decisive victory in South Carolina, Obama said: Tonight, the cynics that said what began in the snows of Iowa was just an […]
Microsoft chairman Bill Gates and his wife Melinda Gates are giving $27 million through their charitable foundation to assist Indian farmers in developing micro-irrigation techniques. The grant is being routed through International Development Enterprises. The goal of the project is to assist up to 250,000 smallholder farm families—1.75 million people—in 14 states of India and boost […]
Infosys Technologies Limited is considered a paragon of virtue among Indian businesses. That of course is fiction. You don’t believe us? Go look at Infosys’ IPO documents dating back to the early 1990s. What did Infosys tell you they were raising money for in the IPO prospectus? Did the company do as promised in the […]
If you thought Ajith’s Billa was bad, you ain’t seen real bad until you’ve seen Vikram’s Bheema. Bheema achieves the odious distinction of having nothing going for it. Not the story. Not the acting. Not the music. Not the dances. And definitely not the action scenes. Dooming this worthless piece of garbage from the get-go, […]
Frankly, we think Bobby Jindal stinks. At least, Jindal’s views on abortion do. We also think Jindal is a phony, a Christian fanatic (or at least pretends to be in a state where religion is very important to its citizens) and lacks the experience to handle a complex task like governing a backward and corrupt […]