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rameshaha
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11 Oct 2008 07:31
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The Media often gets away with many things because public memory is just short!
This is one thing you can keep shorting nakedly and get away with it time and time again.
After all there is a disclaimer for everything a Business channel does!
So Udayan gets away with this
First the stock markets go down, then economic indicators and then then the media changes tune to make news!
Note conveniently Udayan sings
ahead of CEOs CII the government and neatly turns the table donning the hat of an Economist in saying the whole system was in denial mode!
Last quarter I wrote a critcal message on INFOSYS( which was being backed by Udayan terming the market as being unfair to its rupee guidance)
My message was deleted! I assume it was because I called INFY a trojan horse!
Now He concedes " The Market in its wisdom sensed it". Mind you he was down right shouting against it! He even got endorsements from the then reputed Indian arm of the Big five of wall street!
Who is to question his integrity? or that of the channel!
Who is he batting for? The Investor at Large after the ship has turned turtle!
Did he not carry the Bluff? You can say how can he foresee!!!
I will ask this How is he foreseeing now of gloom of quarters ahead?
You can be assured that he knows the magnitude of the credit crisis ahead of any of us and the inevitability of the fall!
More than Blaming him its the gullible viewers and channel managers who get away with it!
one has to own responsibility for one`s mistakes
The Media is the last person to be accountable in public!That`s the arbitrage of news and society!
I do call Infosys a Trojan Horse! During good times they inflate the economy and heat it quickly and during hard times the lucky ones get to hide inside their Trojan dollar belly!
I call this despite my full knowledge of the IT revolution brought about by their success and the turn of the Indian economy!
This is because they are Just that an Offshore vessel anchored conveniently in Indian waters in good times and safely in International waters during a financial tsunami!
That is their disconnect with the native economy! ...
This is one thing you can keep shorting nakedly and get away with it time and time again.
After all there is a disclaimer for everything a Business channel does!
So Udayan gets away with this
First the stock markets go down, then economic indicators and then then the media changes tune to make news!
Note conveniently Udayan sings
ahead of CEOs CII the government and neatly turns the table donning the hat of an Economist in saying the whole system was in denial mode!
Last quarter I wrote a critcal message on INFOSYS( which was being backed by Udayan terming the market as being unfair to its rupee guidance)
My message was deleted! I assume it was because I called INFY a trojan horse!
Now He concedes " The Market in its wisdom sensed it". Mind you he was down right shouting against it! He even got endorsements from the then reputed Indian arm of the Big five of wall street!
Who is to question his integrity? or that of the channel!
Who is he batting for? The Investor at Large after the ship has turned turtle!
Did he not carry the Bluff? You can say how can he foresee!!!
I will ask this How is he foreseeing now of gloom of quarters ahead?
You can be assured that he knows the magnitude of the credit crisis ahead of any of us and the inevitability of the fall!
More than Blaming him its the gullible viewers and channel managers who get away with it!
one has to own responsibility for one`s mistakes
The Media is the last person to be accountable in public!That`s the arbitrage of news and society!
I do call Infosys a Trojan Horse! During good times they inflate the economy and heat it quickly and during hard times the lucky ones get to hide inside their Trojan dollar belly!
I call this despite my full knowledge of the IT revolution brought about by their success and the turn of the Indian economy!
This is because they are Just that an Offshore vessel anchored conveniently in Indian waters in good times and safely in International waters during a financial tsunami!
That is their disconnect with the native economy! ...
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