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Satyam - a dark parallel world

I just saw this AP story and couldn't help comparing it to the Raju/Satyam story - here is an edited version: "HARPERSVILLE, Ala. (AP) — With his world crumbling around him, investment adviser Marcus Schrenker opted for a bailout. However, his...
Posted by Sandeep Parekh | with no comments
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The financial crisis for infants

Here's a funny piece on how to teach small kids about the financial crisis by Tim Harford of the 'Undercover Economist' fame. Dear Economist, My young son came home from school and asked me: “Mummy, what’s a credit crunch?” How can I explain...

Somali pirates to acquire Citigroup

You have to be living on the moon if you haven't read a single piece on Somali pirate and the financial sector humour. Here is a fake Bloomberg piece. Normal 0 false false false MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions...