Its been sometime since we have all started working again post the lovely two years at the B school! We walked out of the school into the most inhospitable climate for doing business in a hundred years. This horror story has been the order of the day in India, the US and EU. I have… [Read more…]
The Subprime crisis in the US which has resulted in a financial system collapse in the US is no longer news. A large number of financial institutions had exposure to Mortgage Backed Securities (MBSs) whose values today are negligible and hence the balance sheets of these institutions have shrunk drastically. This has led to sucking… [Read more…]
June 14, 2009
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