Did the lesson of 1994 lead to the Credit Bubble of 2004-2007 and the subsequent Credit Crunch?

Alan Greenspan, the Fed Chairman in 1994, was a completely different persona than Alan Greenspan, the Fed Chairman in 2004. Greenspan raised rates several times in 1994. He raised them unpredictably and in large increments. The financial markets, especially the bond markets, were totally unprepared for the decisiveness and the ferocity of the rate hikes….

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Jism – A Breakout film for Bipasha Basu – A Must Watch for Us

Bipasha Basu entered Bollywood with a bang in the 2001 hit “Ajnabee”, a Bolly-Holly interpretation of Consenting Adults (1992). Bipasha was nominated for three Bollywood awards including the Best Female Debut Award. Her club song “Mehbooba Mehbooba” with Akshay Kumar as a massive hit.Bipasha made her breakthrough to Bollywood Stardom in the 2003 dark romantic thriller “Jism” (“Body”).  Bipasha played…

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CNBC Stars – Bartiromo and Burnett – A Bollywood Rasik’s Perspective

In our earlier article on CNBC (Watching CNBC – A Bollywood Rasik’s Perspective – July 12), we drew a humorous  analogy between the rumored “Maria Bartiromo – Erin Burnett” rivalry on CNBC (discussed in the New York Times Business Section – see our July 12 article) and the rumored “Bipasha Basu – Katrina Kaif” rivalry in Bollywood….

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“Wall Street was Drunk” Or Is Network-Cable Television Media Drunk?

Compare the following two statements: “It is undeniable that the combination of excessively low interest rates maintained for a protracted period of time, and a steady, multi-year decline in market-determined volatility, was the recipe that enabled Wall Street Firms to leverage their balance sheets to levels that were several standard deviations from historical norms. The deleveraging of…

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First Ever Acquisition of Bollywood Film Rights by a Hollywood Studio

Samachar.com reports that Walt Disney has bought the overseas home video rights of Taare Zameen Par, the 2007 award-winning film about problems faced by dyslexic children. Disney will distribute the home video of the film in the US, UK, Canada and Australia.Taare Zameen Par (“Stars on Earth”) won the 2008  Filmfare Best Movie Award as well…

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