Archive for January, 2009
Hearst feels the heat
During the boom time in 2006, Hearst Corporation was on a spending spree. It got itself a swanky new glass and steel office space at Manhattan at $500 million, and 20% of Fitch, the financial ratings company, at $600 million. A privately-held, buttoned-up organization, few people will know that it is one of United States’ [...]
Ban Shri Ram Sena
Organizations like Shri Ram Sena need to be banned. Around 15-20 activists of this group were involved in beating up boys and molesting girls in a pub in Mangalore. When TV channels picked it up, the founder of the organization, Mr Pramod Muthalik maintained that this is a small incident and doesn’t deserve national coverage. [...]
Future Imperfect?
As the United States awaits its 44th President, my hopes on the revival of the world economy has dwindled further since the last time I wrote on this topic. EU countries, France especially, wants greater control of its banks. Greece and Italy are already teetering on the verge of bankruptcy, and after suffering heavy losses [...]