WSJ: Lehman Torpedoed Lehman – A bankruptcy court examiner investigates and finds that senior Lehman executives fudged its balance sheet, kept the board uninformed and bumped up asset values. ICICI Bank stops giving out free lifetime cards. Wh…

Posted in Credit Repair, LinkFest Comments Off

Michael Lewis on The Great One-Eyed Fund Manager Michael Burry. What an inspiring read. Matt Taibbi on Rick Santelli’s rant on Predatory lending where he said “You can’t cheat an Honest Man”. Yeah, dude, come to India’s ULIP world and I…

Posted in Credit Repair, LinkFest Comments Off

Greece is on the verge of default or a bailout or a bit of both, it seems. The idea of any of these events happening has spooked world markets; now any rumour seems to come with big market moves – an indicator of a panic move in the offing. Who knows…

Posted in Credit Repair, Greece, LinkFest Comments Off

Links for reading:

Main Street tells Wall Street, “Get A Real Job” (Bloomberg)

In the 14 years I’ve written columns for Bloomberg News, I’ve had plenty of feedback from investors who said they lost money at the hands of corrupt brokers, plus a s…

Posted in Credit Repair, LinkFest Comments Off

Random links:

U.S. “Shadow Inventory” Crosses 7 million houses. With real estate developers going gung-ho again in India, and rising RE prices, it might be cheaper to invest in the US rather than locally – and there you get much better than the 2-3% …

Posted in Credit Repair, LinkFest Comments Off

Random links:

U.S. “Shadow Inventory” Crosses 7 million houses. With real estate developers going gung-ho again in India, and rising RE prices, it might be cheaper to invest in the US rather than locally – and there you get much better than the 2-3% …

Posted in Credit Repair, LinkFest Comments Off