Wednesday, June 24, 2009

Wilted Tailfins of Cadillac Eldorado





For the past few weeks there has been a desperate endeavour to constructively kill time at the summer training, and with the placement season approaching, i have this dire need to improve my business acumen . In the pursuit , i have resorted to some thing called the economic times , for the first two weeks i was not able to Decipher( literally , it is cryptic) anything , but managing to persevere in absence of an alternate occupation, something eventually came about that i could make sense of , so in jubiliation of loosing my making-sense-of-economic- times -virginity........


It was about General Motors , it was being unceremoniously dropped from the dow jones index, it had also dropped CITI & AIG , GM entered dow in 1915, dropped subsequently, and added again in 1925, it failed due something as put by David welch, 'Profitless Prosperity' which included deals like 0 percent financing , and fat rebate checks and it also had a huge cost disadvantage of paying retirees pension,union contracts made quick downsizing impossible , it grew so big and convoluted that company suffered an almost 40 years of nearly non stop decline General Motors currently employs approximately 386,000 people around the world and pays them overall $21.5 billion a year and now it has finally arrived in bankruptcy court.

it was put by David Welch as :
See, GM viewed its market share the way Michiganders view their thermostat in February. If you want to be warm in Detroit, just crank up the thermostat and you can walk around your house in Bermuda shorts. When the bill comes the next month, you panic, turn the heater down to save money, and pull on a wool sweater.

source: wiki,www.spiegel.de

Tuesday, June 9, 2009

Diary of a French Open

Finally !!! Finally !!! de facto becomes de jure , he is the greatest ever , completing his carrer grand slam, after running through Soderling like a bullet through cream puff , those vulpine single handed backhands , all hail king Federer .
This peregrination of the great man which had one piece of silverware missing , and till the fourth round had no contention for the title, until as put up by Agassi the' freak of nature 'had been stunned by the swede, and he has been rightfully consecrated as the best ever .
Now he has fourteen , it will be unsurmountable for quite some time, some may argue that Nadal has an outside chance, but i think he does not have it in him , he lost to an average joe 23 seeded swedish nobody who got so high after defeating him that he eventually reached the final .
well the fifteenth is coming soon at the All England Tennis and Croquet Club , because the only contagion that was bothering him is gone

Dinara Safina , who contended her claim on the titile through the two weeks faltered again , well last time it was ivanovic who genuinely deserved it , but this time i thaught it was all her's .
but somehow i feel that she will soon overpower the spirit of this choker she has , and she will win a few grand slams for herself .

Paes , what can i say , the numbers say it all , he is 35 and crafty as ever , special mention to the backhand volley in the final , somewhat difficult to put in any sort of a parlance , but beautiful . i should say, thank you leander.