"Wailing Wall" street
"Brick by Brick comes the wall street down"..
Possible headliners for mid day newspapers in US?? Could be.
The earth has shaken and the big t(h)ree has fallen. The dust is still settling down and god knows how many more are going to bite the bankruptcy bullet. Lehmann Brothers and Meryll lynch go the Bear Stearns way - towards extinction. While Meryll lynch might survive as an underdog of Bank of America, Bear Stearns being already gobbled up by Morgan Stanley many expected Lehmann Bro to ride out the storm, with the hope of Barkley's doing the rescue act this time, in vain. The same Lehmann firm was in news last year, for paying top bill (1 crore plus) for an IIM graduate sparking off debates in India.
Guess, after 7 years, its sep 11 all over again in US, only that the venue is different this time. Another biggie by the name AIG (American Insurers Group) is also reported tottering at the brink. Will the Feds do anything to save it is a question which would've answered by this time next week. Maybe US Fin market is becoming seasonal? They had a "Spring" time a while back and the moment republicans took over its "Autumn" and "Fall" season now!!
Bharathiyar songla vara
"Imaya charalil oruvan iruminan
kumari vaazhbavan marunthu kondodinan" mathiri
US marketla kuliradicha namma oor sensexa izhuthu moodidranga. Erkanavay irangu mugathula irunthathu ipo sarukitu oduthu. Lehman bro, ML, BOA elathukumay India based operations/back office iruku. Wonder how much would be the impact here.
Thalaivar paatula vara mari..intha sensex, share market, stocks ellaamay "Maayaa maaya" than pola.