Sunday, 25 September 2011

Goodbye Pat

It was the fag end of the career. 1975 was the year. It was the fourth test. Chepauk on Pongal day. Clive Lloyd has just begun the journey of taking the West Indies to world beater status for more than a decade. Vivian Richards and Gordon Greenidge made their debuts in that series. Andy Roberts had...

Sunday, 18 September 2011

The hazards of flying

Even if you didn't suffer from aerophobia, there are some non trivial hazards of flying. Missing baggage for example. Or delayed or cancelled flights leaving you stranded in some god forsaken land. Some even allege deep vein thrombosis. Insomnia due to your neighbour's high affliction of stertor could be another. But even the most wildly imaginative sort could not have thought of adding "going to...

Friday, 16 September 2011

Oh no; Not again

Yet another rogue trader has emerged. This morning is ablaze with the news that UBS (a Swiss bank) could have lost some $2bn on account of the actions of one trader - Kweku Adoboli at its London office. Adoboli has been arrested last night and the details are only slowly emerging.  Nothing is proven as yet , but Adoboli might very well join his illustrious predecessors - Nick Leeson of Barings,...

Wednesday, 14 September 2011

Sunday, 11 September 2011

With heads bowed

Today is a day for reflection and remembrance. Anything else would be inappropriate. Recommend browsing through today's special report in The New York Times titled The Reckoning. Perhaps the epitaph found on the graves of many who fell in the First World War might be equally befitting. "Their names live forever more"...

Friday, 9 September 2011

Who or what is a Doofus ?

I freely admit to not having a clue about what a "doofus" was, until today, if you will pardon the pun. For, apparently, a doofus is a guy who doesn't have a clue. My vocabulary has since improved by one, thanks to Carol Bartz, the ousted CEO of Yahoo  who called her Board which ousted her, a bunch of doofuses. Everything about the Yahoo saga stinks. Carol Bartz was fired by her Chairman...

Sunday, 4 September 2011

The wonders of public opinion

Public opinion is often a cause of much entertainment. Public opinion, that is, as reflected in the comments section of a famous website. Let us say , for example, Reuters  reporting  a fairly innocuous news item as follows. You would have thought that there isn't much to comment about it. You would be wrong. Read on for this imaginary post and comments. Cuba withdraws ambassador from...

Saturday, 3 September 2011

Can the world still feed itself ?

When Peter Brabeck-Letmathe speaks, you listen. He is the highly respected Chairman of Nestle. In his weekend interview with The Wall Street Journal published here, he speaks of the increasing danger of food insecurity in the world. Food prices shooting up, the world over, is a serious cause of concern. This blogger has moaned about it here , here and here . The traditional activist response is...

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