#economics
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Vanity Fair is running a lengthy piece on the events leading to the collapse of Bear Sterns. It’s worth reading: Bringing Down Bear Stearns: Politics & Power: vanityfair.com On Monday, March 10, the rumor started: Bear Stearns was having liquidity problems. In fact, the maverick investment bank had around $18 billion in cash reserves. But…
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Image via Wikipedia While I was in New York City a few weeks back, I had a book handed to me by my cousin Vinit Sethi. It was a newly released book, penned by David Einhorn, the founder of Greenlight Capital, where Vinit is also a partner. It was quite a read. Fooling Some of…
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Mark Fidelman recently published an article at Seeking Alpha that does a pretty thorough job in analyzing one of India’s biggest challenges, the innovation gap. India produces some of the brightest minds in technology, science and medicine yet has not demonstrated any truly large scale and breakthrough innovations in those fields. The giant India corporations…
nitin badjatia 