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Month: March 2010

3 / 4

Frank Partnoy on Off-Balance-Sheet Transactions

A video definitely worth watching. Frank Partnoy – who wrote the excellent book “Infectious Greed” which I will review on another day – talks about how ...

The Rakesh Jhunjhunwala Household

A story about the (almost) billionaire talks about all of the stuff beyond the trading room. His children, an 18,000 sq. ft. holiday home, how his wife had to ...

Links: Lehman, ICICI, Billionaires, IIP and Sugar

WSJ: Lehman Torpedoed Lehman – A bankruptcy court examiner investigates and finds that senior Lehman executives fudged its balance sheet, kept the board ...

LIC Wealth Plus Guarantees NAVs, Mis-sold

Read Manish Chauhan’s excellent post on Agents misselling LIC Wealth Plus. The product promises the highest NAV in the next seven years, and some agents are ...

Bank Credit now at 15.79%

RBI provides the latest credit release. Scheduled bank credit is now at Rs. 30.89 lakh cr. (trillion) which is a gain of 38,000 cr. over two weeks back. This ...

NMDC IPO: Not A Bargain

I’ve been asked about the NMDC IPO  – a follow on public offer that involves a sale by the Government of India, of 33 crore shares. The price band ...

Institutions = Individuals, at least in IPOs

Mint reports: Institutional investors now pay 100% of the bid amount upfront while bidding in an IPO, a far cry from the days when they didn’t have to put ...

Credit Growth at 15%

Bank Credit Growth has moved up steeply from the lows of sub-10% about six months ago, to over 15% as announced two weeks back.   (Click for a larger ...

Linkfest: Michael Burry, Real Estate…

Michael Lewis on The Great One-Eyed Fund Manager Michael Burry. What an inspiring read. Matt Taibbi on Rick Santelli’s rant on Predatory lending where he ...

Salmon on Buffett

Felix Salmon’s article on Buffett talks a fair lot on how important is what Buffett DOESN’T say as much as what he does. Buffett, in his annual letter said ...