Editor’s Note: We were in Mumbai in November – December 2008. We experienced the anguish and anger of all Mumbaikers. The day after the attack, we were involved in a scare near the Taj due to rumors of a second attack by remnants of the attackers. In the weeks following the attack, we spoke with…
We have argued consistently that Talibanization of Pakistan is taking place at a fast, unrelenting pace and this poses a grave danger to the World. The crux of this thesis was that the history was repeating itself and the Pashtuns had begun their invasion of Panjab, the heart of Pakistan just as they did a…
Editor’s Note: This is an article that expresses our personal opinions about issues and topics discussed on Television and other media. It is NOT intended to provide any investment advice of any type whatsoever. No one should base any investing decisions or conclusions based on anything written in or inferred from this article. Investing is…
Editor’s Note: This is an article about financial television and financial media in general. It is not an investment article and no one should base any investing decisions or conclusions based on anything written in or inferred from this article. Investing is a serious matter and all investment decisions that should only be taken after…
Neel Kashkari, Assistant Secretary of the Treasury, got roasted by members of Congress when he appeared before a Congressional Committee on Friday, November 14, 2008. Mr. Kashkari oversees the Office of Financial Stability including the Troubled Asset Relief Program (TARP) or the US Bailout program. Unfortunately for him, the TARP program seems to be in…
A tremendous amount has been written and discussed about the differences between the personalities, upbringing, politics of George Bush and Barak Obama. We wish to focus on one critical difference that has not received the scrutiny and debate it deserves. That difference is between the global frame of reference of the two men.George W. Bush turned the…
Most people would regard this question as either rhetorical or dumb. After all, many commentators have bemoaned the fact that rich people got richer and the rich-poor gap grew wider during the Bush Administration. The Business Section of the New York Times on November 10 featured articles by luminaries like Robert Shiller, Alan Blinder about the need to…
Editor’s Note: This is an article about financial television and financial media in general. It is not an investment article and no one should base any investing decisions or conclusions based on anything written in or inferred from this article. Investing is a serious matter and all investment decisions that should only be taken after…
On October 4, 2008 we wrote an article titled “Are The Wheels Coming Off Global growth? – Dubai and China” – www.cinemarasik.com/2008/10/04/are-the-wheels-coming-of-global-growth–dubai-and-china.aspx Dubai and China represented the Promethean dream of unfettered global growth and we implied in our article that the economic gods were about to punish them just as the Greek gods punished Prometheus. This…
On September 6, we wrote a brief article titled “Slumdog Millionaire – A discovery from the Telluride Film Festival” – www.cinemarasik.com/2008/09/05/slumdog-millionaire–a-discovery-from-the-telluride-film-festival.aspx. That story was brought to our attention by Raj Mundhe, our old friend and a noted investment advisor in metro Boston. This morning Raj alerted us to the review of Slumdog Millionaire by Joe…