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Month: November 2008

2 / 4

Sell Indian companies our dollars; get rid of "reserves"

From ET: Minister of State for Industry Ashwani Kumar said the government will consider Tata Group Chairman Ratan Tata’s proposal of setting up a special ...

Excess Power – the next boom, after five years?

I’ve been posting very randomly nowadays. A link here, a view there, but nothing coherent seems to emerge – I know I’ve been bearish, but ...

Insider Buying: Not quite bullish

Bloomberg thinks insider buying is no longer bullish, but is actually indicative of a decline to come. Insider buying, a bullish signal for two decades, lost ...

Citi laying of 50,000?

According to CNBC: Citigroup plans to announce a writedown of as much as $24 billion and layoffs that could total as much as 24,000 due to subprime and ...

IT Earnings outlook is negative on EPS growth (FY 10)

Interesting Image from an ET Article: Weakening demand growth to dent IT companies’ profits: How can the FY 10e P/E be greater than the FY 09e? That means, ...

Pakistan Bailed Out by the IMF

Bloomberg: Pakistan Agrees to $7.6 Billion IMF Bailout Program Pakistan agreed to a $7.6 billion bailout loan plan with the International Monetary Fund, to ...

ICICI Bank a “famous but broken” stock: Jim Jubak

From Jim Jubak’s column in MSN Money (10 financials you’ll want to buy): ICICI Bank is India’s largest private-sector insurance and ...

Kaushik's daily dose of inflation

Kaushik has started an interesting series: A daily dose of deflation. (Read his introductory post) Very important news – often overlooked because falling ...

SoS Update: Added Bharti, HDFC, DLF, HDIL, ICICI, Axis

So I’ve been neglecting the shorts lately. Here’s a set of additions. Bharti : Both Telecom and DTH are overcrowded spaces and with recessions the ...

Michael Lewis calls the End

A fantastic article by Michael Lewis called “The End“, on That’s when Eisman finally got it. Here he’d been making these side bets with Goldman ...