Capitalmind
Capitalmind

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Bad News For the Week

A lot of consolidation from Twitter but here goes. Let’s just look at the bad news of this week. US News US Unemployment initial claims at 667K, up 36K ...

Using our Forex Reserves to Fund Our Fiscal Deficit

So, S&P is thinking of downgrading our country based on the increased fiscal deficit and they’re hitting our banks too. This gets me really pissed ...

Barcamp Delhi 6, This Weekend

I’m going to Barcamp Delhi 6 this weekend (28-Feb to 1-Mar). The event is usually a deep technical discussion but it seems the format this time is more ...

Good RBS, Bad RBS

Royal Bank of Scotland is splitting into two: The Royal Bank of Scotland (RBS) is to be split into a “good bank” and “bad bank” in a dramatic rescue ...

Crisis Video by Frontline

Excellent video on the whole crisis ...

CLO Defaults have “systemic risk”

FT: S&P sees new systemic risk in CLO defaults Standard & Poor’s has highlighted that many collateralised loan obligations – which pool leveraged ...

Nothing much in the Interim Budget

The much-hyped interim budget, presented by an interim finance minister after the real finance minister moved to the home ministry, and the replacement went to ...

Roubini on Recovery – Not Till 2010

A Roubini interview to start re-blogging: Important to note the last bit: Going the way of Sweden, has some hope: Sweden took over the banks, hived off the bad ...

Relocation to Gurgaon and Some Notes

I’ve been moving from Mumbai to Gurgaon and the last two weeks have been long and without proper internet access; lots of news and lots to write about. ...

Cut Interest Rates, says Suresh Tendulkar

Batting for stimulation, Suresh Tendulkar, an economic adviser to the PMO said he would like to see interest rates cut further. “My own preference would be ...