Friday, February 20, 2009

My Views

11/26 attacks

1. BLack Cats Should be there in all places
2. Should involve UN to raid PAK, border issue can remain bilateral .Should make the countries understand that State is sponsoring terrorism. We should expect more such attacks in the future
3. the next gen should be moulded carefully in pak. the terrorist camps should be killed.
4. Train, Bus service should be allowed for cicilaians, sports must be continued but an eye of cautious optimism must be maintained


Satyam
1. If this could happen to satyam , any one could have done it. Regular checking must be made in all public listing companies
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Monday, February 16, 2009

GD Topics

Freedom to choose is freedom to die

ethics is relative

Reading is the best thing solitude can offer
- a lot of other things could be done, photography. travelling ,, body building. writing a book, etc.. reading is just one thing
there are adv of reading, we get to know ancient times but that could not be considered as sole point to classify as best. travelling or photography could be therapeutic

Interview

1. Tell me abt urself- work ex
2. Fin crisis
3. Why AIG is affected and measures to come back
4. why dont u do management from USA ?
In Fiscal Year 2008,deficit 10.6 trilllion. the U. S. Government spent $412 Billion of your money on interest payments* to the holders of the National Debt. Compare that to NASA at $15 Billion, Education at $61 Billion, and Department of Transportation at $56 Billion.
5. derivatives : options, calls , forwards
6. Port Mgmt
7. quants : probability , z distribution
8. how r u different from other candidates ?
9. Bush Iraq episode ?
10. Satyams epoisode
11. FDI in retails , software and other sectors

Sunday, February 15, 2009

Fin crisis 0f 2008

This crisis occured when banks stopped lending to each other. this is because institutions started loosing money in CDOs. by isssuing loan to ppl who cannot pay it, banks have lost the money of depositors.So the bank own houses whose prices have gone down. Banks have to write off this as asset prices have gone down. so everuthing is freezed .

1. Irresponsible lending of Banks - leverage
2. People who borrowed money
3. Regulatory authority not able to keep up with new fin instruments

This has blown out to full blown recession

Ways to come out :

1. Stop from foreclosures. Put money in the hands of ppl . stop the losses of banks . buy assets from bank
2. Initiate the spending momentum again by starting to issue credit again
3.
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