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Showing posts from May, 2012

Rollercoaster Facebook.

With Nasdaq now coming up with the real story on the 'Facebook fiasco' we can now blame it all on the delay in Nasdaq's systems (and insider trading). According to the reports the basic problem started with the late launching. Initially the shares were supposed to be launched as soon as the market opened up but then it opened up a little later around 11:30. The real problem was that at that time the pre-orders still existed along with the orders incoming and Nasdaq's system couldn't take this. Nasdaq's system showed lags as the pre-orders didn't process almost till 1:50. By that time the stock had reached a new price. around $42. So what happened was that the people who ordered the shares at the offering price were getting their deals coming through hours late and at prices they didn't order the shares for.

Due to this major banks and other institutes saw major losses. Facebook's stock fell from a peak of $42 to $31.91. This was a big fall for one o…

"As it happens on wallstreet, someone made a killing" Facebook IPOs.

"As it happens on wallstreet, someone made a killing" This is what I have to say after getting to know about the 'Facebook Fiasco'. Actually it's not exactly a fiasco, it's like a regular routine that Morgan Stanley, JP Morgan and Goldman Sachs follow to steal from their investors. In other words, "Morgan style of looting". Now that the shares of Facebook are taking a plunge all of the deep dark secrets are coming out. 

These big banks which practically had created the 2008 financial crisis have now indulged in another small time scam of theirs. Although they have outstanding lawyers who will definitely get them out of this soon but for now they're trying to fix this.The whole world was eagerly waiting for The Facebook, sorry I mean for Facebook to release it's IPOs. The first thirty seconds saw 80 million shares going from one to another. What had happened was that the big banks had come up with some 'special schemes' as everyone got…

Greece- 'I Owe U'.

The problems of the Eurozone are deepening with each passing second. With Athens being unable to form a new governmental structure the whole of EU is on a standstill. While the Greek aren't able to decide their leaders the EU doesn't have an authority to talk to. It's a very primitive but important concept. A leader is chosen to represent one group of people in a community where they want to be represented. Here they would need a government and their head would represent himself in front of the EU and discuss the fate of Greece. Right now as Greece doesn't have a leader, the EU cannot do anything substantial because whosoever comes into power will have a certain basic set of ideas. These ideas will be either pro-bailout and austerity (highly unlikely) or against austerity that cannot be determined.

Right now one thing that Greece has shown a positive surety on is its will to stay with the European Union. According to some polls 75% of the Greeks want to stay with the…

Austerity, the necessary evil?

The Greek crisis or I should say, the 'Eurozone Crisis” has come to a new level now. With the leaders secretly pointing Greece the way out the European Union is showing its fear to the world. And their fear is very genuine. If we go back to the start when all of it had just started there was a point when Greece was threatening the EU by saying that if they don't give it a bailout, then they'll approach the IMF. At that time it worked, all the leaders sat down just because of that one statement and if Athens would have gone to the IMF for a bailout it would have seriously affected the Euro. That is the crux of everything. None of the countries are doing it to save Greece or will do to save Italy or Spain in future. It's all about the Euro.

Right now Greek are not able to form a majority at their center because of all of these problems. Greece, which initially thought that EU would help them by bailing them out is now facing a great deal of problems with the EU and the…

The Great European Bird, shedding it's feathers.

The European Union today stands at a position no one would have ever imagined. Today the whole purpose of that Union stands defeated. The English seem too happy with their decision to stay out of this Union but they themselves are in such a crisis (both politically and economically) that they don't have time to deal with all of this. With internal clashes within the United Kingdom is making is weaker day by day and the United Kingdom is not even a part of the EU.
With the greatest economies falling into a debt trap the world is facing a whole new crisis. Starting from Iceland and Liechtenstein, moving onto Greece and now we stand with Spain and Italy going down. The European economies have been trying to get Greece out of its crisis situation for quite a while but now everything seems futile because while all of this is going on on the economic front, on the political front the leaders of major countries are changing. With Sarkozy losing to Hollande the French now have a new leader…

Head spins.

Walking when your head spins around,
Your world seems blurred,
And your thoughts burn you down,
Your life seems like an inevitable failure,
You want to find the answers,
To questions you never have asked,
You want a motivation,
To live and to breathe,
You wander around,
To see if you have found,
What you lost to the world,
What you lost but never earned,
You yearn to get it back,
You fight,
You scream,
You crawl,
And you still seem so far,
From the dream which was ours.

Iss nashe mein dhut ho kar.

Iss nashe mein dhut ho kar,
Hum bhool jaatein hain apne gham,
Humaare ghumon ke iss dariye mein,
yeh duniya doob jaayegi,
Yeh dariya bann jaayega ek saagar,
Aur yeh gham itna hai ki ek saagar bhar jaayega,
Kyunki iss zindagi ne jeena toh sikhaaya,
Magar jeene ki wajaah hee cheen lee,
Abb hum jetein hai auro ke liye,
Aur sirf maut humein sulaayegi,
Bass uss neend ka intezaar hai,
Jissey  yeh aankhein kabhie khul na paayein.