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Are we missing the real issues here
by Sameer on Mar 16, 2008 06:22 PM

The key issue here are

Do indian banks and companies understand the danger in derivaties of other countries mainly US? Are derivatives issued by foreign private companies safe? Are they same as treasuries bonds? Will US compensate if the derivatives go bad? How many of you are aware that US is slowly compensating Europe for losses. Will it ever treat Indian bansk similarly?
F and O are totally different issues and have no relevance here.

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The time bomb in our financial system