With Junta claiming to be three quarters MBA, Let's look back at the term that was...
Key Changes...
Being a non core term, Section A and B intermingled a lot, Lot of synergies were derived, I am still working on the swap ratio.
Job hustle bustle...
Lotsa flowers in the campus... Our hearts went Garden Garden....
GMP kids growing up ( I mean only the toddlers whose Mommies/Daddies are doing MBA)
And, Keeping up with our GMP Press tradition, It is time to quote the best of the best from the term.
Welcome all to write comments are vote for your choice.
Some of the best ones in no particular order are mentioned below....
1. LMG: "Loose Motion Group" formed to tackle the Mess' Mess
2. Three certainities "Death, Taxes and Cash Flows".
3. A kid gets added to the GMP Parivaar, Daddy after studying law :::"All Parties involved are fine."
4. A bugged guy mails "Dear madam, Sir and Of course "Jas***"."
5. Rimjhim quotes "Ab main barrri ho gayi hoo!!! "
6. You always have a special question, Some day you & I will go to Tenth Mile and discuss.
7. These instruments are like Hens, You keep them at one place they lay an egg and then u move them.
8. My kids and I are Consultants, But I do not have a wife, the Kids are derivatives.
9. The empire strikes back ... "XEROX and GE" appear in Prof Presentations...
10. In reponse to poorly explained Modiglani Miller theorem....
Remark in an Answer sheet says...
"Brilliant, This is now Modiglani Piplani Theorem"
Reply:: What did Miller do wrong?
PS. GMP Press is now a Trademark
The publishers are now aware of Cyber law & IPR.
Saturday, February 6, 2010
While explaining a Financial Instrument....
An Finance Guru says....
I met one guy in train, we talked, he said he was a doctor, I asked about kids he said first one is a doctor second one is also a doctor , I asked about his wife, he said she is a doctor too.
So he asked me & I said, "I am consultant, My elder son is a consultant & the younger is a consultant too."
He says, So your wife is a consultant ....
I say no, I do not have a wife...
The Kids are Derivatives....
And thusly the Crucial Concept was seen sinking in like the Mighty Titanic.
PS>>>>
Copyright voilated... Due Apologies.....
Intent is Gyan spreading
I met one guy in train, we talked, he said he was a doctor, I asked about kids he said first one is a doctor second one is also a doctor , I asked about his wife, he said she is a doctor too.
So he asked me & I said, "I am consultant, My elder son is a consultant & the younger is a consultant too."
He says, So your wife is a consultant ....
I say no, I do not have a wife...
The Kids are Derivatives....
And thusly the Crucial Concept was seen sinking in like the Mighty Titanic.
PS>>>>
Copyright voilated... Due Apologies.....
Intent is Gyan spreading
GMP's Cake time
Cake Time, as the name suggests is something related to celebrations....
Birthdays to be specific.
But more than the cake, Junta look forward to some amazing Invites that a writer comes up with.
Spreading a smile and Smearing a lil cake on the joyous occasion.
Setting the stage for a small party @ Midnight, Making it memorable for the BDay GMPian & frenz.
GMP Press acknowledges "Not Accepts" (Placement Lingo) this artist of words...
To him we say...
With his writings he amazes all, With his wit he stands tall.
With his modesty he sets apart, With his charm he wins many a heart.
Birthdays to be specific.
But more than the cake, Junta look forward to some amazing Invites that a writer comes up with.
Spreading a smile and Smearing a lil cake on the joyous occasion.
Setting the stage for a small party @ Midnight, Making it memorable for the BDay GMPian & frenz.
GMP Press acknowledges "Not Accepts" (Placement Lingo) this artist of words...
To him we say...
With his writings he amazes all, With his wit he stands tall.
With his modesty he sets apart, With his charm he wins many a heart.
International Immersion.......
Remembering the big easy "New Orleans"....
Our Client for the project mailed last week and said that we were lucky for NOLA (New Orleans Louisiana)
As the futball team "Saints" won throughout the season and are going to the Super Bowl.
Makes us remember our Marketing 101 of term 1.
Any which way we look at it,
International Immersion is an exceptional part of the GMP Program...
It is there for us to cherish through End terms and Placement Process...
Our Client for the project mailed last week and said that we were lucky for NOLA (New Orleans Louisiana)
As the futball team "Saints" won throughout the season and are going to the Super Bowl.
Makes us remember our Marketing 101 of term 1.
Any which way we look at it,
International Immersion is an exceptional part of the GMP Program...
It is there for us to cherish through End terms and Placement Process...
Global financial system
With a world full of greed and fear, a robust financial system is the order of the day, one that punishes excess greed and allays fear. The current global financial system is a delicate cobweb where one portion shakes the entire system. In such a scenario, it is impossible to count the types of risks associated, leave alone mitigating the risks. Of all the risks, potentially the biggest risk is called “risk risk”, which is the risk of not knowing the associated risks.
The risks are borne by all stakeholders in the economy. The recent recession demonstrates that with the growth of communication, recession has a faster and wider impact. Most traumatized are the poorest stakeholders, the laid off workers & owners of small & medium enterprises. It does not affect the creators of problems as they always seem to have a golden parachute. This needs to be controlled. The accountability has to be brought in the system.
With immense strides in the technology sector, the enhancement in financial engineering does not reflect the sign of times. It looks antiquated and leaves stakeholders exposed. Efforts should not just be made to devise newer financial instruments of greed. New ideas in making the economy sturdy and the people safer are far more relevant. We should fight economic disasters like any other negative. They should not be considered imminent all the time.
In Mid 2008, the price of Crude oil climbed over $150 a barrel. It was claimed that speculators were pushing the prices beyond the fundamentals. All over the globe, people were adjusting to the high price of gas by driving less and shutting automobile industries. For sure the inventors of “futures” never wanted to kill the auto industry or its workers. The instruments are as good as their use. If misused the financial instruments have the power to redefine the economy. The invisible hand of market plays its role at the cost of jobs and industries.
So, should we stop innovating, or is it possible for people to restrain from chasing money in a capitalistic society? All the above questions have a negative answer. The solution lays in the fact that financial stability and protection should be glamorized like Investment Banks & Consulting. The need for incentivizing the protector’s job (through salaries/perks) is very important. If the top financial genius is utilized for this purpose then probably we can achieve success.
If I end this page here, then it will appear unrealistic that a highly paid talent pool can resolve all issues. The amazing number of financial disasters, and deception done by the protectors like former NASDAQ’s chairman Bernie Madoff, all point to the fact that greed is insurmountable. The economy is like a strange casino. Where if a few players are winning, all players herd after and start to increase their bets. But as soon as one player sneezes, all get afraid of an omen and start to withdraw. In a real casino people don’t act in herds or else a casino would not work. But in the world economy, the cyclical patterns are present. It is a casino, where everything is interdependent, players play with “other people’s money” in their pocket. Herd behavior is the norm, Creativity is killed. Whistleblowers are driven to extinction. The guys who could save us are not listened to.
Let's try and look at fundamentals, avoid being fooled by randomness, essentially “call a spade a spade and not hearts just because the market feels so”.
The risks are borne by all stakeholders in the economy. The recent recession demonstrates that with the growth of communication, recession has a faster and wider impact. Most traumatized are the poorest stakeholders, the laid off workers & owners of small & medium enterprises. It does not affect the creators of problems as they always seem to have a golden parachute. This needs to be controlled. The accountability has to be brought in the system.
With immense strides in the technology sector, the enhancement in financial engineering does not reflect the sign of times. It looks antiquated and leaves stakeholders exposed. Efforts should not just be made to devise newer financial instruments of greed. New ideas in making the economy sturdy and the people safer are far more relevant. We should fight economic disasters like any other negative. They should not be considered imminent all the time.
In Mid 2008, the price of Crude oil climbed over $150 a barrel. It was claimed that speculators were pushing the prices beyond the fundamentals. All over the globe, people were adjusting to the high price of gas by driving less and shutting automobile industries. For sure the inventors of “futures” never wanted to kill the auto industry or its workers. The instruments are as good as their use. If misused the financial instruments have the power to redefine the economy. The invisible hand of market plays its role at the cost of jobs and industries.
So, should we stop innovating, or is it possible for people to restrain from chasing money in a capitalistic society? All the above questions have a negative answer. The solution lays in the fact that financial stability and protection should be glamorized like Investment Banks & Consulting. The need for incentivizing the protector’s job (through salaries/perks) is very important. If the top financial genius is utilized for this purpose then probably we can achieve success.
If I end this page here, then it will appear unrealistic that a highly paid talent pool can resolve all issues. The amazing number of financial disasters, and deception done by the protectors like former NASDAQ’s chairman Bernie Madoff, all point to the fact that greed is insurmountable. The economy is like a strange casino. Where if a few players are winning, all players herd after and start to increase their bets. But as soon as one player sneezes, all get afraid of an omen and start to withdraw. In a real casino people don’t act in herds or else a casino would not work. But in the world economy, the cyclical patterns are present. It is a casino, where everything is interdependent, players play with “other people’s money” in their pocket. Herd behavior is the norm, Creativity is killed. Whistleblowers are driven to extinction. The guys who could save us are not listened to.
Let's try and look at fundamentals, avoid being fooled by randomness, essentially “call a spade a spade and not hearts just because the market feels so”.
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