Categories
subscriptions thoughts

Citi group breathes in


Citi group is rescued.

The Fed has decided to infuse capital of 20billion dollars, guarantee of 306 billion dollars for toxic assets,government will take control of executive bonuses, and limits on dividend payments.

A best deal for citi , but a bad bargain for the taxpayer.

Citi ,will survive the present crisis.

But with its bruised injury , ulcerated wound, and contagious infection, it has to fight a losing battle.

A plummeted stock price ,and a defeated manipulation ,Citi poses a shrivelling , stifling ,shuddering

manifesto.

This will lead GM , to redo its reported application for bankruptcy.

Many sinking companies will  expect to find an oxygen mask,in the Fed’s move.

The scramble for aid is  an  exact antithesis for the credibility and citation of the  reputed companies.

Their image is shattered, their trustworthiness is questioned, their business acumen is a threatened, their pride is diffused.

The Fed , instead of settling in for corrective programme ,has resorted to supplement the  much risky alibi.

The inclination of the Fed Is a catastrophic determination .

Categories
subscriptions thoughts

Wrecked marriages.


Marriages are made in heaven.

Marriage is a coherent, coordinated,relevant,rhythmic ,progression.

If there is a slight tug here, a different pull there, a weak sign of discontent, a predominant note of anger, a prescribed  report of shortcomings, an uninvited interference of the elders, a statutory reference of detailed proceedings of daily life to the parents, will jitter the sanctity of wedlock

Companionship and perfect understanding  formulate a successful marriage.

Trivia and snobbishness ruin the relationship.

Young couple should emulate a friendship devoid of egoism, selfishness,and possessiveness.

 A flower looks beautiful,when it is in its bloom.

It is best ,when not plucked,since its charm is experienced by most..

It is better, when it adorns a living room , as its grace is enjoyed by many.

It is good, when it decorates a bride, because it adds glamour to the person.

Wedlock is best when it is allowed to blossom.when it is left untouched by others.

The,  two individuals , who take the oath of marriage, should pledge to live happily,radiate joyous bliss,bring forth worthy off springs, and celebrate the marriage  embellishment

Categories
reverberation thoughts

Limitation


I love fruit juice.

There is a limitation.

I love French Fries.

There is a limitation.

I love chocolates.

There is a limitation.

I love solitude.

There is a limitation.

I love music.

There is a limitation.

I love reading .

There is a limitation.

I love to conjoin with eternity,

Will there be a limitation?

Categories
Economy thoughts

GM envisages bankruptcy


GM board  is reported to apply for bankruptcy.

It is a rude shock.

The board feels that it is the only viable solution.

It is an extreme step and a drastic move.

Throwing up in exasperation is disenchanting.

Deep analysis ,changing the pattern of administration, revamping the company, and cutting the expenditure, cessation of sops,a real pragmatism,and efficiency will work wonders.

The  affliction  caused by the union should be eradicated.

The wage structure should be implemented.

Modifying their work plan on the models of Honda and Toyota will surely usher profitability.

Wagoner has to apply his mind and has to work on  a significant treatise.

Categories
subscriptions thoughts

Prime Family Squabble In Media


The prime family ,of Tamilnadu Chief Minister Karunanidhi,are always in the limelight for one reason or other.

The brothers, Alagiri and Stalin  are poles apart, one a flamboyant and the other a much reserved seemingly quiet entity.

Now the nephew Maran’s family has stolen the show.

Karunanidhi ,with his sharp penning and penetrating insight ,has written a detailed note and listed the various events that has led to the estrangement.

Right, a rift is well set.

But why is it given so much publicity?

Is it because ,Karunanidhi, is the chief Minister of Tamilnadu?

Every family ,whether  powerful or ordinary, whether rich or poor, whether famous or less known, have their own differences, own shortcomings, own hard feelings,and own frenzied visions.

Does the media bother  to give an impetus to such distinctive digressions  of the multitude?

Categories
Economy thoughts

Citi group for sale.


What a tremendous impasse!

It is the most unexpected event of the year 2008.

Citi a gigantic ,imperial , and a dynamic bank is up for sale.

The stock price has fallen by more than50%.

Another instance of ostentataion succumbing to pressure.

We have to go back to the basics.

Banks, are primarily lending institutions,not supermarkets displaying snobbish products.

Their business is funding, collecting interest,  and mobilising deposits.

Highly paid , well educated, high profile executives have driven economy to its depths.

A justified, modest ,graceful  evenly poised ,customer friendly, investor reliant attribute is the call of the hour. 

Categories
subscriptions thoughts

What will happen?


What will happen ?

If  wind stops blowing.

If river stops flowing,

If fire stops burning,

if  land stops enduring.

Categories
subscriptions thoughts

Oscar Wilde got wild


I came across a clipping,that spoke about Oscar Wilde’s story sent for publication.

the publisher returned the material ,with a note that it  was not  properly punctuated.

Oscar Wilde got wild,took a sheet of paper and filled it with all sorts of punctuation marks, coma, semicolon, colon, question mark, inverted comas, slash, question mark.

Mediocracy does not recognise brilliance.

Brilliance cannot tolerate mediocracy.

The half baked editors.try to detect mistakes, scrutinise minor flaws, blow it up, proclaim as though they are the best read, best witted,and indulge in harsh criticism  enough to break the hearts.

Oscar Wilde dashed a mocking ,contemptous  record of displeasure.

Punctuations are important, but erring in  not marking them is not a sin.

It may be due to oversight, due to the excitement, due to certain prerogatives.

The comas and semicolons can be added by the editors.

Punctuations ,mostly increase the understanding of  the writing, but do not  add colour and  meaning to the flow of feelings.

Rejection of exemplary materials for lack of punctuation is erroneous and unpardonable.

If Oscar Wilde, had been treated in the same manner ,by other publications, the world would have been deprived of valuable literature.

It would have been an irreperable  loss  to mankind

Categories
Economy thoughts

Integrating Principles


David Weidner’s article ,is a well knit proposition.

Iconic bank brands that once infused courage , now instill fear,says Weidner.

An exact interpretation of the meltdown.

Ostentation, paraphernalia of exhibits,lavish display of products, a highly official environment, an unaccessible haughty bureaucracy, pretensions, and a show off of all work ,all busy, discarding the customers, discriminating the constituents according to their wealth has led to the debacle.

Citi bank,Lehman Bros,Merrill Lynch, and Wall Street Mutual ,have succumbed to such retentions.

Modesty, transparency,and focused approach have glorified G.P. Morgan, little known Schwab and Black Rock.

These banks are cautious in lending, have a clean balance sheet,and simple business models.

Slow and Steady wins the race ,is a common  ,again a simple Maxim.

Maxims have not been simply issued. They are the outcome of experiences,engagements and effective interludes.

The one to one approach,  personal contact,and  cheerful dialogue are the fundamental requirements for any endeavour to prosper, to withstand the test of times.

A grocer’s shop. ,round the corner,  has a personal touch, a human consideration ,professes simplicity ,includes pleasant reciprocals, which are sordidly missing in a huge mall,or super markets.

The gigantic scenario inspire awe, infuse fear, and initiates a solemn withdrawal.

The grocer ,is a human before us, knows what we need, gives the best quality items,tells us to buy more as he foresees a hike, refrains us from purchasing a particular commodity as it is a secondary degree.and finally exchanges enquiries of our family and well being.

We bid adieu ,with a smile and a satisfaction.

The cue or rather  a clue  for a business to thrive, to prosper ,is “Satisfaction”

“Satisfy your customer “should be the motto of every business.

Be it  a inspirational Bank like Citi, a big automaker like GE, a super dis player like Wall Mart ,a huge industrial house like Arcelor-Mittal , the customer is important

We have to learn  this extraordinary lesson from the grocer.

Management education in top universities becomes complete, wholesome by integrating simple personal

customer satisfactory approach.

Categories
Economy subscriptions thoughts

Cut Prices


Mr.Palaniappan Chidambaram, the flamboyant Indian Finance Minister ,has advised the various sections of the industries ,to cut prices, to tide over the global financial crisis.

Well it is as good as saying , if your shoe pinches, cut your foot.

Right , going by his clarion call, cutting prices , increases demand,and the inventories and finished goods would not be piled up.

Exactly.  to manufacture a product we require ,raw material, power, labour,and have to account for  overhead expenses,  wear and tear of machinery .

The cost of product is fixed taking into account  the cost of raw materials ,conversion expense and profit margin.

Say ,if  the selling price of a product is Rs 100. there will be a profit of 5-7%.

Is it possible to run an industry without profit?

If you sell the same product  of RS 100, at Rs 5, then the demand will shoot up.

20 items would have been cleared.

Mr.Palaniappan Chidambaram is stirring the hornet’s nest.

The Harvard educated seasoned politician is mocking  trade and business.He is masquerading the disproportionate,unseemly factual and treating the industry with scorn and contempt.

Cutting down prices ,will have reflex and retrograde  effect.

It is not an alternative to retrenchment, lay offs.but an ambush to the entrepreneur  pushing him into a deep muddle,into a debt pool and a sneaky pandemonium.

He has volunteered to examine reduction in excise duty rates.

It is easy to preach than to practise.

His statement is similar to the Queen  Marie Antoinette of France legendary excesses  “if not bread ,eat cakes.”

He is advocating from a glass house, talking from a golden castle, sermonising from a diamond studded pedestal.