India ´the most popular outsourcing destination´
ARANCA NEWSTRACK — www.aranca.com (more…)
Dollar Dives Low Against Euro
Last week the Euro hit an all time high against the US dollar after speculation intensified that the FOMC (US equivalent of the bank of England) will cut rates to ease the credit crunch which has plagued the equity markets and lending institution world wide….. (more…)
Interesting times, good opportunities
Slowly, slowly the full extent of the mess appears before us. Banks have not only lent to deadbeat borrowers, they have also traded and invested extensively in all kinds of exotic and illiquid papers. We are talking about collateralized debt obligations, commercial mortgage papers, hedge fund CPs etc. Even worse, many banks have leveraged those […] (more…)