Loading...
Symbols:
Get Seeking Alpha Free Stock Alerts by Email!
Get Free Stock Alerts by Email!
Transcripts
- National Semiconductor Corporation F1Q09 (Qtr End 08/24/08) Earnings Call Transcript
- Aceto Corporation F4Q08 (Qtr End 06/30/08) Earnings Call Transcript
- Logility, Inc. F1Q09 (Qtr End 07/31/08) Earnings Call Transcript
- Smith Micro Software, Inc. Q2 2008 Earnings Call Transcript
- BioForm Medical, Inc. F4Q08 (Qtr End 06/30/08) Earnings Call Transcript
- Sycamore Networks, Inc. F4Q08 (Qtr End 07/31/08) Earnings Call Transcript
- Alliance Imaging, Inc. Q2 2008 Earnings Call Transcript
- Somaxon Pharmaceuticals, Inc. Q2 2008 Earnings Call Transcript
- Volcano Corporation Q2 2008 Earnings Call Transcript
- ABM Industries Incorporated F3Q08 (Qtr End 07/31/08) Earnings Call Transcript
-
Editor's Picks
-
Most Popular
- Don't Believe the Gold Bears' Hype
- Freddie/Fannie Plans In Motion; Why Are They Being Underplayed?
- Hedge Funds Are Getting Their Butts Kicked Too
- Energy Independence: It's About Demand, Not Supply
- Housing Prices: Bottom or Temporary Bear Break?
- McCainomics: What Can He Do?
- Full list of Editor's Picks »
- Wall Street Breakfast: Must-Know News »
- Apple: Steve and I Have Been Wrong »
- Gold Futures' Dirty Secret (Part II) »
- Rescuing Frannie »
- Why Commodities May Be Nearing a Turning Point »
- Friday Outlook: What Phony Sell-off?! »
- Corning: Looking Very Cheap »
- Is Gold Getting Ready to Bounce? »
- The $64 Trillion Question: What's the Dollar Really Worth? »
- Fannie, Freddie Headed for Conservatorship »
- RBC Analysts Expect Potash Corp. Stock to Double »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
suril desai
1 Comment
Why the U.S. Credit Crunch Will Not Affect India [view article]
The Finance Minister in March did announce a so called farm loan relief package of Rs 60,000 crore approximately US $ 15billion. Though the news papers and media reported it as a waiver for farmers, the amount was also used to "clean up" their balance sheets for loans given to retail and corporates as well.To say that the Indian banks did not have exposure to CDO's would in a sense be misleading. Its just that the banks in India due to political backlash have refused to report it as losses related to subprime.
I find it hard to believe that in near absence of rural banking, the Indian farmers could borrow to the extent of $15billion. It does not make logical sense and why would the government couple it with losses to loans given in retail and corporate??? what percent of the national write off was for farmers could be anyones guess. Apr 28 03:15 AM