Expect A U-shaped Economic Recovery – Economist C Rangarajan

In an exclusive interview to NDTV, C Rangarajan, former Governor of the Reserve Bank of India (RBI) and currently the chairman of India’s Prime Minister’s Economic Advisory Council, says it is going to be a U-shaped economic recovery where we will see periods of economic stagnation. He further said in 2010 there could be some [...]

Goldman Sachs Reports First Quarterly Loss But Remains Strong

The unbeatable hero of Wall Street, Goldman Sachs, has reported its first ever quarterly loss since it went public 9 years ago. And yes, the market conditions are quite bad.
Goldman Sachs has posted a quarterly loss of $2.1 billion, or $4.97 per share, on net negative revenue $1.58 billion, down from a profit of $7.01 [...]

Welcome to GSIBM: Graham School of Investing & Business Management

Hi Folks, how are you doing? As we near the end of year 2008, I am happy to share this star project of MyOrbit with you. It has been in the works for a while, and now getting ready to go live soon in 6-8 weeks.
GSIBM: Graham School of Investing & Business Management

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US and Global Financial Crisis – Views & Updates

Like most of you, we have been watching the developments for the last few weeks, as MyOrbit spans worldwide with a link into the global markets. This post puts our thoughts and updates for you.
Background:
Financial institutions have been struggling to meet the mandates of bad loans, and the global markets have been showing the effects.
Banks [...]

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