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COLUMNS
BOOKS OF ACCOUNT:
Pepper riches
“What investment banking is to the ambitious and the acquisitive today, the pepper trade was to the Romans — the most direct route to great riches,” writes William J. Bernstein in A Splendid ...
ACCOUNT SPEAK:
Accounting is like gymnastics
Can the present disclosure practices take credit for bringing to surface runaway credit crisis we currently witness? Or, were there gaps in reporting that allowed the problems to fester far too long? Would we therefore need better ...
CONTRA ENTRY:
The mystique of dollar
In the humdrum of life, it is not uncommon to find people joining the villain’s camp after unsuccessfully resisting him. Well, this is exactly not pusillanimity. Instead it is survival. In this world it is not only the fittest ...
COMMODITY COMMENTARY:
Banks must stick to core competency
Mumbai, Oct. 29 Does the Indian Government stand sufficiently chastened by the ongoing financial crisis that has had its roots in the launch of complex financial derivative products (of which many understand little), rampant leveraging, ...
BL CLUB:
A. K. Narayan, President, Tamilnadu Investors’ Association; Vivekananda College, Chennai
Chennai, Oct. 28 Anything in excess is bound to create problems, said Mr A.K. Narayan, President, Tamil Nadu Investors’ Association. Whenever the price of assets (i.e., gold, land or stock) increased steadily a debacle was sure to ...
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