WTF


Even assuming that all the implied castigations of hindu’s protrayed in the article are true, where are the facts of matter regarding what various Christian missionary groups are doing in the affected area?  Is this called reporting? Somini Sengupta – shame on you!

Hindu Threat to Christians

The title of the article is even more loathsome.  “Hindu Threat”?  Did NY Times have an article titled “Muslim Threat to US” post Sep 11, 2001?  NY Times has gone down a notch in my eyes. 

Does the timing of the ceremony held at Vatican recently to canonize Sister Alphonsa have any relevance with regards to what has been happening in India?  May be to re-invigorate more conversions?

Update: TVR Shenoy on the shenanigans & tension amongst religious groups here in India.

From Newyork Times

One of the remarkable things about the report is the absence of evildoers, even though the cumulative effect of their behavior is now threatening to upend our nation. Early in the broadcast, we hear from Mike Francis, an executive director at the residential mortgage trading desk of Morgan Stanley. “From our standpoint it’s like, there’s a guy out there with a lot of money. We’ve got to find a way to be his sole provider of bonds to fill his appetite. And his appetite’s massive.”

The story then turns to another Mike, Mike Garner, a bartender in Nevada turned mortgage bundler. Mr. Garner said that market appetites for anything that resembled a mortgage pushed loan standards down: “No income, no asset. You don’t have to state anything. Just have a credit score and a pulse.” (Mr. Blumberg pointed out that the pulse thing was optional: 23 dead people in Ohio were also approved.)

When can we expect the next derivative based on the netherworld recovery ratios?

Though there is a big question – who is the “You”?

Well this guy knows how to ask a totally tangential question on totally unrelated entry..  Preserved for posterity 🙂 

-)

As long as the damage is not to my income 🙂

A telling quote from todays Newyork Times about a new rule instituted at Merrill Lynch. The rule says that analysts should have a 20% “underperform” stocks in their portfolio.

“I don’t think that is likely to change any more than you would expect human nature to change,” said Mr. Melcher, president of Balestra Capital.

Merrill Lynch, not surprisingly, disagrees with that view. Candace Browning, president of Merrill Lynch Global Research, says that her analysts’ work “serves an important function in the capital markets” and that the changes would make investing recommendations from the firm even more useful.

“What the new system basically does is it forces analysts to rank their stocks top to bottom,” she said.

I think the “forces analysts to rank” is going to just create a new set of issues. Whenever I have seen that there are rules that “forces” someone to do something, people just invent clever new ideas to comply but just in letter but not spirit. Trading current set of issues for a new set of issues, at best 😦

In my industry, there are managers who just keep the underperformers in their team forever. Just so they do not have to go search for other underperformers come next round of appraisals. So would analysts copy the same trick and keep underperforms consistenly so and thus creating a vicious circle for those stocks?

I have a Yahoo! id and have used it for the past 9 years atleast, primarily Yahoo! Mail.  I don’t use any other Yahoo services, except for Finance, that too once in a blue moon.  I also have a hotmail id and a gmail id.  But don’t use them much.  I check them,  like,  once in a month or so, just to delete spam 😦

And what will Microsoft do if its bid for Yahoo! is successful?

  • Retain Yahoo! mail as it is (least likely?)
  • Retain Yahoo! mail ids but migrate the platform to Microsoft technologies
  • Migrate Yahoo! mail users to Windows Live Mail (most likely?)

Now I am seriously thinking of making gmail my primary account going forward.  I don’t how many Yahoo! Mail users are currently thinking of moving away from Yahoo! Mail, given that Microsoft has made a hostile unsolicited bid for Yahoo!  And thats the irony.  What use is acquisition of Yahoo! to Microsoft, if many users like me ditch Yahoo! services for good?  Seems like Flickr users are already banding together to start a campain asking Microsoft to keep its dirty hands off.

How do I download the current mail content in my Yahoo Inbox to my local hard drive?  Pointers welcome!

Update: http://www.tnl.net/blog/2008/02/01/non-obvious-winners-and-losers-in-microsoft-yahoo-deal/ – first comment!

Yesterday took one of my colleague to a T-Mobile service center/kiosk. My colleague needed to cancel his service as he is heading back to India. The reps there had to call into their call center to cancel the service and when the call went on for long, they advised my colleague to call the customer service call center directly.

Thats just ludicrous. Ain’t it? What the heck is the service center for? Just lure us in and make us go through 14 levels of hell?

Hey folks, wake up, smell the coffee and treat us right!

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