Business Daily from THE HINDU group of publications
Thursday, March 20, 2008
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FINANCIAL SCAN
Fed must pray for house price recovery
Imagine a bank’s balance sheet with utterly illiquid assets, which can neither be sold nor used as collateral for borrowing. Now, imagine an entire banking system saddled entirely with unmarketable and unliquifiable assets. Such ... More

ACCOUNT SPEAK
Kickback is the most prevalent form of fraud
Organisations frequently fail to recognise their vulnerability to fraud and misconduct until they become victims, often at the hands of a trusted employee, a valued business partner, or even a member of the management team. More

BOOKS OF ACCOUNT
Integrity window
Rumi, you may know, as a 13th century Persian poet, who sang, “Close the language-door and open the love-window. The moon won’t use the door, only the window.”So with, truth, we may say, to a world that has gotten used to ... More






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