Archive for: May, 2010

One of the Best Creations of NTR

sree seethaa raamula

Few people talk about NTR’s direction. No other song has had as much influence on Telugu culture than this song from Sree Seethaa Raama Kalyaanam. This is one of the best picturizations I have ever seen.

Is there a Robin Hood in You?

robin-hood

Fiction writer Ayn Rand and economist Friedman have strong ideas about how the world should be. In Rand’s fictional world, Robinhood-like character is a villain and they have no place in the society. Is it, really? Do Robinhoods promote only laziness among masses?
Greenspan, the crackpot and a great disciple of Rand has experimented in implementing [...]

Textbook Case of Deflation, but..

AP Photo

A few days ago I mentioned that fiat money’s march towards M0 is classic outcome of a deflationary economic cycle. The following news confirms my worst fears. [Via UK's Telegraph]

US money supply plunges at 1930s pace as Obama eyes fresh stimulus
The M3 money supply in the United States is contracting at an accelerating rate that [...]

Financial Reform: In A Lot Less than 1000 Words

too-pig-to-fail

For-Profit Education is the New Sub-Prime

FORPROFIT-COLLEGE-large300

I often compared debt ridden students of “for-profit” colleges like U of Phoenix to sub-prime borrowers. I have been writing about this sector on this blog as a big house of cards which could implode any time.
Now I have company. A notable short-seller, no less. [Via Mother Jones]
Steve Eisman, the outspoken investor whose huge wager [...]

“I Would Recommend You Panic” [updated]

hugh-hendry-on-newsnight

Hugh Hendry is a hedge fund manager from UK. He is one of those “evil short-sellers” that the establishment (read politicians and the banks) love to hate. However, but for the short-sellers, the truth would not have come out in this increasingly manipulated and intervened market. Hendry was among the few who saw problems in [...]

Live Video of BP Disaster

I know this does not belong to Funtertainment, but need to post in video section.
This is really bad friends.

Apple is the New King of Tech

apple is the new king

Apple Dethrones Microsoft As World’s Biggest Tech Company
[Via Huffington Post]
SEATTLE — Apple has surpassed Microsoft as the largest technology company in the world by market capitalization.
Apple’s move comes as the company’s iPhone, and now its iPad tablet computer, have taken on more of the personal computing tasks once handled by computers [...]

Veturi in My Thoughts

veturi

I am not going to say anything about Veturi’s writing genius. Just some personal observations and musings.
I heard that Veturi attended Kolluru ZP high school in Guntur Dt. He is about a couple of years younger to my father. My father completed his SSC from the ZP High School in Donepudi, a neighboring village to [...]

Whose Hyderabad is it?

charminar

When Sri Krishna Deva Raya took to the Vijayanagara throne in 1509, the empire was in a significantly weakened state. The entire coastal Telugu areas were occupied by Orissa. Similarly, the Kannada and Tamil regions have also raised a flag of revolt. 24 year old Sri Krishna Deva Raya was determined to put things in [...]

A Disaster of Mammoth Proportions

Oily water is seen off the side of the Joe Griffin supply vessel at the site of the Deepwater Horizon oil spill containment efforts in the Gulf of Mexico on Saturday, May 8, 2010. (AP Photo/Gerald Herbert) #

BP oil spill in the Gulf is now humongous and is slated to surpass all human-made environmental disasters. How can Obama escape the consequences of this is beyond me. Here are a couple of more AP Photos:

For even more jaw dropping pictures, visit Boston Globe.

Rao Chalasani on Financial Crisis (2 of 2)

markets in turmoil 2

I caught-up with Rao to make sense out of Euro crisis. Even though Rao is retired and claims that he is not in touch with what is going on in the markets lately, he is as sharp as ever. This 40 min long interview sheds light on a number of fundamental reasons for current state of world’s financial mess. Thos who followed me on my Teluguone Radio show or read my articles on various blogs might find that my views are eerily similar to his views.

Telugu Cine Song Writer Veturi No More

veturi

Legendary Telugu cine song writer Veturi Sundara Rama Murthy is no more. He passed away yesterday 05/22/2010 in Hyderabad. I am a big fan of his songs. He has the range from class to down right mass.
What do you think of him ?
[Via Eenadu]

Making Sense of Financial Crisis with Rao Chalasani 1 of 2

markets in turmoil

Mr. Rao Chalasani was a veteran Wall Street economist who retired in 2000. His long career included stints as the chief economist at Everen Securities which later became First Union Securities. Currently FUS is a unit of Wells Fargo. In the 90s he was frequently quoted in the Wall Street Journal. He was one of the straight shooters on Wall Street and one of the few whom I respected and I paid a lot of attention.

Keep the Spark Alive

chetan-bhagat

Chetan Bhagat’s speech at Symbiosis
Following is the speech by Chetan Bhagat given at the orientation programme for the new batch of MBA students at Symbiosis, Pune.
Good Morning everyone and thank you for giving me this chance to speak to you. This day is about you. You, who have come to this college, leaving the comfort of [...]

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