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4402 ArticlesDeepak Shenoy

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Indian Liquid Funds “break the buck”

From Value Research Online: Reserve Bank comes to the support of Cash Funds: RBI has decided to provide a temporary credit line to funds to enable them to ...

Pakistan in some deep trouble along with Iceland

Pakistan has some serious serious problems, as is hidden in an article titled “Pakistan to unfreeze stocks by October 27“: (HT: Kaushik) “The ...

$250 billion going to U.S. bank capital

From NYT: US Investing $250 billion in banks Of the $250 billion, which will come from the $700 billion bailout approved by Congress, half is to be injected ...

Schadenfreude in The Big Market Fall

The Harder They Fall, The More I Smile: John Shwartz (HT: Gautam John): You see, I was never able to make much money in the markets. I agree with Daniel ...

Short Review: Ravi Subramanian’s “If God was a Banker”

I just read “If God was a Banker” by Ravi Subramanian. It’s an easy-read kind of story of a bank, called “New York International ...

Lehman CDS Auction: 91.38 cents on the dollar

That’s what Bloomberg says (Lehman Credit-Swap Auction Sets Payout of 91.38 Cents on Dollar). Sellers of credit-default protection on bankrupt Lehman ...

RBI Cuts CRR another 1%, and still needs to pump cash

RBI cuts CRR by another 1%. This will add 60,000 cr. of liquidity into the banking system. From the weekly supplement, it looks like RBI sold about $7.8 ...

More short selling

Some people will not learn. U.S. exchanges may seek to impose a temporary ban on short sales for individual stocks that plunge as regulators seek to rein in a ...

SOS Update: Up 10.37%

The Short Only Strategy has been updated. I must kick myself. I got out of Unitech and JP Asso right when they were breaking down. I also got out of the Nifty ...

Recapitalize Everything, and more news…

As usual, news: TED spread at 4.51. I don’t even have a metaphor for this. Now Germany to recapitalize banks. It’s the new new thing. “Have ...