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BubbleVision
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Joined: 05/Aug/2006
Location: India
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Posts: 3142
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 Posted: 09/Jan/2007 at 4:02pm |
PrashantS
to take a loan in US at the interest rate of 12% .............but in Indonesia it was 19% for the same loan for long term......
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The Last Time Interest Rates in US was at 12% (10-Year Bond) was in 1984 and the Indo Currency crashed by 50% in 1997.....LTCM happened....I cant reconcile the dates here....
Last Time Fed Fund rates above 12% was in 1982. (On 06-Aug-82.. they cut rates from 13% to 11.25%)
And if the I-Bank gave them advice for a loan in US Dollar.. then they were wrong. Yen Interest rates are 0.25% ... (yes NO typo here)
I have done considerable Research on the US Fed Rates... US Bonds.. and hence a mention of those gets my automatic interest.
Edited by BubbleVision - 09/Jan/2007 at 4:06pm
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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PrashantS
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Joined: 14/Oct/2006
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Posts: 1294
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 Posted: 09/Jan/2007 at 7:18pm |
THe point is not in the figure..but the I Bank gave a wrong advice ............I just wanted to share the Story thats all ...but thats what happend...the currency went down and the company declared bankruptcy
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kulman
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Joined: 02/Sep/2006
Location: India
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Posts: 9319
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 Posted: 09/Jan/2007 at 10:29pm |
BubbleVision, that was like a hawk eye, wasn't it?
There is an opening in Federal Reserve for a currency & Forex specialist..................... interested?
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Life can only be understood backwards—but it must be lived forwards
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BubbleVision
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 Posted: 09/Jan/2007 at 8:32am |
Kulman -- They wont hire analysts like me...They hire people like Henry Paulson (ex goldman head) --... is it a mere co-insidence that we have had two major regig's in GSCI ... which has broke the back of Oil...
Now we certainly know who is behind GSCI regigs....Did i hear Ben?
Guys make you want to make from this news....and Read between the lines...
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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kulman
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Posts: 9319
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 Posted: 09/Jan/2007 at 10:52am |
Read this one....it re-affirms the title of this thread, for IB employees though.
The dealmakers aren’t just striking multi-million dollar deals for India Inc, they are also cutting a neat pile for themselves. Bonus for investment bankers is jiving to the tune of the deal street with high-fliers pocketing crores of rupees as year-end payouts.
At the country-head level, top grossers took home a staggering Rs 4-5 crore last year, and that’s in addition to their salary.
Given the hush-hush world of investment banking (i-banking), it’s not clear who bagged the largest sum. However, the grapevine has it that i-banking heads of ABN Amro, Deutsche Bank, Kotak and DSP Merrill Lynch have received more than $0.5 million (Rs 2.25 crore), with one of them getting $5,70,000 (Rs 2.5 crore).
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Life can only be understood backwards—but it must be lived forwards
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deveshkayal
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Joined: 04/Sep/2006
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Posts: 3903
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 Posted: 10/Jan/2007 at 9:59pm |
Originally posted by kulman
Read this one....it re-affirms the title of this thread, for IB employees though.
The dealmakers aren’t just striking multi-million dollar deals for India Inc, they are also cutting a neat pile for themselves. Bonus for investment bankers is jiving to the tune of the deal street with high-fliers pocketing crores of rupees as year-end payouts.
At the country-head level, top grossers took home a staggering Rs 4-5 crore last year, and that’s in addition to their salary.
Given the hush-hush world of investment banking (i-banking), it’s not clear who bagged the largest sum. However, the grapevine has it that i-banking heads of ABN Amro, Deutsche Bank, Kotak and DSP Merrill Lynch have received more than $0.5 million (Rs 2.25 crore), with one of them getting $5,70,000 (Rs 2.5 crore).
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Its none other than Munesh Khanna of DSP whose basic salary was mind-boggling 4 crores.Now he has quit.he is bitten by "entrepreneur" bug.
Edited by deveshkayal - 10/Jan/2007 at 10:00pm
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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deveshkayal
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 Posted: 11/Feb/2007 at 10:09am |
UBS was an advisor to Vodafone as well as Hindalco.Two big deals which happened yesterday.I m not sure Nimesh Kampani was advising to which client bcoz his son was in Hong Kong wen Hutch acquisition process started.Investment Bankers are having a good time and their shares too!!!
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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BubbleVision
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 Posted: 11/Feb/2007 at 10:20am |
UBS = Union Bank of Switzerland.
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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