A new discussion paper by RBI on the entry of New Banks in the private sector. MakeMyTrip goes up 90% in their US listing. Pile onto the India Bandwagon, people! MMT hasn’t made any money and won’t in the near future, but who gives a rat’s ass….

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Some interesting links: Value Research: You’re smart enough to learn about investments yourself. (HT: Samarth Modi) Trader Mark: Live rent free for three years? Just default on your mortgage. That’s what Mark says is driving up retail growt…

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It’s one of those days I have too much to read, so… Day Traders 2.0 – Wired, Angry and Loving It (NYT). Indian markets are also full of day traders, and it’s as difficult a deal here. The interesting part is in a web offering I think will m…

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WSJ: Goldman Fuelled AIG Gambles

Goldman Sachs Group Inc. played a bigger role than has been publicly disclosed in fueling the mortgage bets that nearly felled American Insurance Group Inc.

Goldman was one of 16 banks paid off when the U.S. governmen…

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