Showing posts with label fraud. Show all posts
Showing posts with label fraud. Show all posts

Thursday, October 27, 2011

Dearth of A Leader ...

Fiction gives us hints and examples, if not history. Darth Vader showed that the Galaxy needed a leader of substance who could be followed, good or bad, it did not matter, so long as squabbling over petty parochialisms and corruption ceased - thus bringing balance to the force. Thus, Democracy is not the answer like oligarchy isn't; the answer is a Leader to Lead by example.

As for History, Chanakya did indeed replace a corrupt rudimentary democracy (janapadas) by a King, who was virtuous, just, honourable and who led by example, to productively channel the masses in the direction beyond parochialism, towards just and all inclusive development.

As I have always maintained, Julian Assange is an American agent, responsible for the downfall of the Oligarchies of the Middle East & Mediterranean in the name of democracy and transparency, but the true intent being freedom of OIL - by toppling of OILgarchys ... eh!!!

But seriously, what are the masses fighting for, a new regime called democracy, like India, to fall back into the abyss whence it came; be it Colonialism, or Autocracy, a move to Democracy is always good, at least more can reap the fruits of corruption.

Tuesday, January 12, 2010

Opening up to the source of creativity ...

Then why does Indian Government have to spend on MS Windows licensing ?!! The Delhi High Court uses Vista, so do many government offices. We sure lack political will to eradicate profiteering and enforce judicious use of taxpayers' money.



References:

California blesses open source as 'acceptable'

California Warms Up to Open Source Software in Government








Tuesday, July 28, 2009

Is the truth out there eluding us?!

May be so, as the actual accounts of UFO sightings and encounters have been made available for the first time by any government. Was "the Abyss (1989)" true is what first comes to mind!!!





References:

Russian Navy Reveals Its Secret UFO Encounters

Russian navy declassifies UFO encounters









Saturday, April 11, 2009

Heads they win, tails you lose!!!

They shall however put you on a performance improvement course and give you a chance to improve before asking you to leave!!! OR should they not tell you the truth and just ask you to leave right away. Oh No!!! that would be oppressive rather than being correct Human Resourcefully ... eh!



References:

Infosys fires 2100

2100 Infosys employees face axe

Infosys ranked top IT infrastructure; may sack 2100 employees news






Saturday, March 28, 2009

Thankless freeloaders ...

"There's one in every family, Sire ... actually two in mine" says Zazu (The Lion King, 1994). But its all galore in our economies, be it US or Indian. One refuses to reduce credit rates, others give bonuses. One could never do enough to please these Dalal Street / Wall St. Idiots!!! Neither their employees nor the government!!!


References:

Cabinet Secy to meet bankers in April for easing credit

Govt says interest rates must come down




Saturday, March 21, 2009

Do unto others as they do unto you!!!

No wonder Islam and Hindu fundamentalists too are on expansion spree. Takes two to tango. But in these modern times calling the other's beliefs witchcraft is nothing more than barbarism and nonsecular. Thus the Pope too should be hunted down like Osama bin Laden. After all justice is the measure that weighs all in the same way and cuts through all evil alike.




References:

Shun witchcraft, pope tells Angolan Catholics

Pope warns against witchcraft in Angola

Pope urges Angolans to convert; stampede kills 2




SEBI gone EXOTIC!!!

SEBI = Speculative Endeavors Broadening Initiative



Reference:

Now, exotic derivatives in the works

Friday, March 20, 2009

Second straw ...

Harder times push for harder crime zeal and the aspirations to become richer faster. Offshoring required just this additional jolt to shake the western faith in Indian credibility. As it is we have no data security law. And now this, immediately after U.S. protectionism, this seems the apt follow up on the road to doom!!!



References:

Credit card fraudster confronted

Credit card details on sale in India: Report

Indian call centre credit card 'scam' exposed


Wednesday, February 25, 2009

Desperation or plain incompetence?!

Desperation when one is under pressure from all sides to perform? OR is it just incompetence coupled with actualities of the industry that we know not yet? Is it a one off case or is it the tip of the iceberg? Only time will tell ...



References:

Company Update: Ranbaxy

Ranbaxy falls 12% on USFDA regulatory action

Sunday, February 22, 2009

When the going gets tough ... vultures gather!!!

Employee vulnerability, speculative growth, fair-weather Johnson investors, et. al. are the order of the day; in these testing times of distress when we see our true selves, who we really are, who is with us and who against.

On November 13, 2008 I had written:

Live with a man forty years, share his house, his meals, speak on every subject. Then tie him up and hold him over the volcano's edge and on that day, you will finally meet the man.
- Modu Shanyu
We sure need to do the same with these corporations, or once in a while by the cause of recession these corporations would reveal their true selves to both its customers and employees.


I would not like to add anything else at all. Sit back and watch the game!!!



References:

Worries galore at Subhiksha

Subhiksha lashes out at fair-weather investors

PF office may query ICICI Venture on dues



Saturday, February 14, 2009

Stand ... for what you believe.

We all carry the cross and speak what we're taught
Lies and money become the white man's god
We've burned all our bridges one too many times
The time has come now to draw the line

You know you've got to
Stand, stand, stand for what you believe
You know you've got to
Stand, stand, stand for what you believe
You got to...Stand for what you believe

You got to listen now...
Express yourself in the face of change
Repress yourself, you surely seal your fate
You got to look inside, the answer lies in wait
Resurrect before it's too late

Somebody rescue me, come down and rescue me
I know the soul of a good man has got to be free
When you stand, stand for what you believe
-- Stand, Native Tongue, Poison

Below are a few accounts from the St. Valentine's Day and the previous eve. Imagine what would happen if we all become the change we always wanted. The world would definitely be a better place. What is lacking is conviction in our actions. I look into the eyes of today's youth and I see no fire as used to be there 2 decades ago. We are caught up in selfishness to the extent of decadence.

It is rightly said that it is "best to have a wiser enemy than an idiot for a friend". It is thus also true to be a believer in things one wants to achieve. One look at Osama bin Laden's photograph as we all have seen in the newspapers so many times would tell you of a look that holds belief, conviction and selfless determination towards a cause that the man wholeheartedly believes in. Today if we have half that conviction injected in the youth, it would do wonders to make a change for the better of society.

We need to stick for what is right, and against wrong, oppression, injustice, cruelty, economic duress, economic hegemony, employers' deceit, political attrocities, political connivance, together with our colleagues, friends, neighbors as well as total strangers co-situated. M.K. Gandhi would not have achieved all that he did, just by walking half naked across the country had he not sought the camaradre of all he came across.



References:

Sene office flooded with panties

Kapil Dev lashes out at BCCI

Gandhi’s meagre musuem pieces

Democrats muscle huge stimulus through Congress




Thursday, February 5, 2009

operation successful ... patient died ... how Idiotic!!!

Idiotic it sure is ... well unless a retrospective cap is not on the table, there is no use of devising a plan without teeth that can bite. All private sector remunerations need to be regulated, under and by a Remuneration Regulation Commission in public interest.



Reference:

Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

Saturday, January 31, 2009

... and what about Dalal St. Idiots?

There sure needs to be rationalization of pays across the board. There should be government set norms for pay scales common to both private and public sector companies, institutions and organizations. A license raj in salary structure should be the key to a more egalitarian distribution of accumulation of wealth by both public and private corporations. Am I making sense or has Obama lost it?

It would then mark an end to:

1. fat salaries for IIM graduates;
2. fat offers to IIT graduates;
3. fat proposals for NLS-spawn graduates;
4. CXOs being traded;
5. mainstream efforts, profiteering and indulgence of the education system ...

... and our education system would then focus on creative, diverse and constructive channels of learning, not driven by vampiric accumulation of personal profit, but would be a real creator of value that would then flow into the commercial domain.



References:

Obama getting tough on 'Wall Street idiots'

Democratic Senator for pay cap on Wall Street 'idiots'

Senators propose pay caps on executive bonuses

McCaskill on corporate executives' pay: 'These people are idiots'

Obama Ally Introduces Bill to Cap Salaries of CEOS from TARP ...

Citigroup drops $50M plan to buy company jet

Citigroup cancels corporate jet


Monday, January 26, 2009

Put the money down ...

When a sinking ship goes down, and all are jumping off only the insane (or Captain Jack Sparrow) jump on it. But our money is not going to be returned by the Kragon from the netherworld. So why invest? The logic fails me totally. Its a volcano that has burst and is now cooling down; far from spewing out any returns, its a station to where a train don't come. Speculative investment is and should not even be considered an investment but merely a wager or gamble with public money. At least PSUs need not gamble with public money, now at this time of crisis when we need to play our cards close to ourselves.



References:

LIC to pump in Rs 4K cr more in stock market by March

LIC policyholders likely to see their bonuses diminish


Friday, January 23, 2009

Bailout not for the rich!

There is nothing surprising if this is not what is also running through the minds of Indians when each time the government announces a bailout and the next week nothing happens in real terms to uplift the employment situation. We too need a change!!!



Reference:

House angry at bailout; Obama team makes pledges

Wednesday, January 14, 2009

So why does it still live ... let it die?!

There is now a need for an International or Trans-National Regulatory Authority or Initiative to regulate auditors of a non-governmental nature that indulge in promotion of private profiteering and investor and employee jeopardy.


References:

Don't rely on our Satyam audits: Price Waterhouse

Price Waterhouse admits goof-up in Satyam audit