* You failed to stem the tide of good American jobs being outsourced to the Indian coolies * You failed to protect us on 9/11 * You failed to capture Osama Bin Laden * You failed to understand how badly the Guantanamo prison and the rendition policy of transporting abductees to third countries for torture […]
Strange is the world. Denizens in the badlands of Bihar are forever worried to death about kidnapping of family and close relatives while their counterparts in the canyons of Manhattan are presently in a tizzy about dognapping (kidnapping of their dogs). As we were poring over our copy of the latest issue (Jan 5, 2009) […]
Disgusting. The FBI today arrested Illinois Governor Rod Blagojevich (Democrat) for among other things conspiring to sell or trade President Elect Barack Obama’s Senate seat. Power for $$? President-Elect Obama resigned his Senate seat on November 16 after his victory in the presidential elections. Under Illinois law, the state Governor has the authority to name another […]
This is beyond pathetic. In an act of monumental folly, the U.S. government is throwing the Vikram Pandit-led Citigroup a $306 billion lifeline following the collapse of its shares last week. This is on top of the $25 billion the government has already put into Citigroup under the TARP (Troubled asset Relief Program) initiative. The […]
Citigroup’s shares fell sharply for the second day in a row. On Thursday, Citigroup shares fell over 26% to $4.71, marking the second day the bank’s shares have dropped so sharply. In intra-day trading, Citigroup’s shares fell as low as $4.39. The stock fell 23% the previous day. Here are the two big questions now: […]
Shares of the Vikram Pandit-headed Citigroup fell a record 23% to $6.40 on Wednesday, a 13-year low. We don’t see how Vikram Pandit, a greedy desi butcher, can survive for long in his post with the stock in free fall and the loss of investor confidence. Pandit: Clueless? Since Vikram Pandit took over as CEO […]