Archive for January, 2009
Outliers Review
There might be more to success and successful people than just talent, hard work and luck. Malcom Gladwell, the best selling author of Blink and The Tipping Point explores many factors that may have a big hand in personal success in his new book: Outliers. Like his previous works, Outliers is fun to read and the language is simple enough [...]
Why Satyam won’t be rescued…
On January 7, 2009, B Ramalinga Raju admitted to orchestrating a 1.47 billion fraud on the balance sheets of Satyam Computer Services, the largest ever in Indian history. Satyam also happens to be 4th largest Information Technology company in India and employs over 53,000 professionals. Resignations from the Satyam’s board of directors trickled through for [...]
US unemployment to rise further
On January 8, 2009, president-elect Barack Obama predicated that the US might have lost the most jobs in 2008 since the Second World War. He was right: The US Bureau of Labor Statistics released unemployment data on Friday (Jan 9) showing an unemployment rate of 7.2%. Worse, the unemployed numbers were revised downwards by 1,54,000 for November and December 2008. Around [...]