As promised the European leaders chalked out a massive 500 Billion Euros Fund to battle against the “speculators” . This fund will provide emergency lending and loan guarantees to its member . This fund has been apparently set up to save the PIGS. This might provide a short term relief but the long standing structural […]

As I was writing in my earlier posts , one of the biggest causalities of The Greek crisis has  been the  world IPO market.Not only have the IPOs being deferred , Even Rights Offerings are also being delayed due to the market volatility.What has been interesting ,that it has become a worldwide phenomenon. You would […]

SEC as is the case with most regulatory agencies, is trying to create more rules to prevent the 1000 point crash that happened on Thursday.From the bureaucrat’s point of view it makes sense .You create more rules which implies a bigger turf for you to play on. They have not figured out what caused the […]

As I have been writing in my earlier posts , EU leaders are continuing to put the blames of the EU debt crisis on “speculators” and the “Market” rather than themselves.They are not willing to see the core problems with the constitution of the EU itself where the monetary policy is common while the fiscal […]

China has recently been in the news over Internet Espionage on defense and sensitive installations in India and USA. This has led to the high profile exit of Google from China.Recently a Canadian research organization revealed/alleged  how Chinese govt backed hackers had broken into Indian embassy and government computers.This has made the Indian government wary […]

Good news for the Bailout Cheerleading Gang as the top German Court refused to block the emergency aid to Greece which had been approved by the Legislature on Friday. Top Economists of Germany which had filed a petition to block the aid as it violated the EU Charter failed in persuading the court to stop […]