SearchIndia.com is a supporter of Barack Obama in the belief that, although not the best, he’s the lesser evil. Of course, our dream candidate is consumer activist Ralph Nader but sadly the man’s got no chance. As Americans, we’re considerably distressed at the decline wrought by years of Republican plutocrats at the helm. Today, America stands at […]
So, you think U.S. Treasury Secretary Henry Paulson is a smart fellow because he’s in the news all the time lately following the collapse of the U.S. financial system. As the heavens was falling over America, here’s what this dodo had to say over the last few months: It’s a safe banking system, a sound […]
Here’s the market capitalization of Indian software bellwether Infosys (INFY) and some legendary U.S. firms. Infosys (founded in 1981) – $13.69 billion GM (1908) – $2.77 billion Ford (1903) – $4.5 billion Morgan Stanley (1935) – $10.28 billion Source: Wall Street Journal, Wiki
Former Goldman Sachs banker and U.S. Assistant Secretary of the Treasury for International Economics and Development Neel Kashkari, 35, will oversee the $700 billion tax-payer bailout of financial institutions triggered by greedy Wall Street swines. On October 6, 2008, the U.S. Treasury Department named Neel Kashkari Interim Assistant Secretary of the Treasury for Financial Stability. In […]
The latest move by the crooked politicians in Washington to purchase the bad assets of U.S. financial giants for a mind-boggling sum of over $700 billion, the bailout of AIG, Fannie Mae and Freddie Mac, the golden parachutes of fatcat failed CEOs and earlier moves to successfully tighten bankruptcy rules prove beyond doubt – to even […]
Ever since we read John Kennedy Toole’s brilliant book The Confederacy of Dunces, we’ve wanted to visit New Orleans. We finally got to visit New Orleans earlier this year, about two and half years after Hurricane Katrina basically destroyed the city. As we pulled into the Ninth Ward driven by morbid curiosity to see one […]