Comments on: Who’s next and how?

By: Ramachandran

Ramachandran — Wed, 17 Sep 2008 07:38:50 +0000

Hi..I’m from India. Actually, I read the above comment from Stephen Dsilva about the consequences in the Indian market. I think I should let you know that the most important thing we respect in India is not stock-markets. It is treated only as a luxury and not a part of living of the common man as it is done in the western countries. The main reason being, we have a history that is literally unrivalled and we have withstood great changes – this stock changes is one of the negligible changes. In that sense, being a common man, I know I may not be able to watch TV, have an air-conditioner, ride a luxury car and so on if the stocks go away, but life here goes on blissfully. Effectively, this country has existed before western stock markets were born and would live after they go away – common man isn’t too dependent on these changes and they aren’t taken too seriously by the common man here like they are in the west.

By: Stephen Dsilva

Stephen Dsilva — Mon, 15 Sep 2008 18:51:48 +0000

The aftershock waves will eradicate the conencted investment banks on the same line & might othe banks around the world who have exposures via other mode of investment will have terrible effect on their portfolio

By: Stephen Dsilva

Stephen Dsilva — Mon, 15 Sep 2008 18:48:49 +0000

Unfortunatly this is going to be nightmare for the companies where this two major Finance Companies has has spreaded their investment , The real impact of this will be seen aftershock when the valuation of the other invested companies will be grounded which is absoulutly just aired by manipulation…I wonder if Ashian Market like India will survive with the aftershock. The movement thier FII investment index goes down then i doubt indian forex reserve will see other good day again. This is really a brilliant economic experience which the entire world finance market is going to have ! i wonder still people are holpefull abour their returns.

By: Simon Drake

Simon Drake — Mon, 15 Sep 2008 16:43:45 +0000

Perhaps a few will fall to save a few, and it’s hard to believe all of the investment banks could have been that over-loaded with toxic deals and so much bravado when it comes to everyones’ nemesis: risk.