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Vikram pandit great guy but
by gakkad on Dec 19, 2007 08:03 AM   Permalink | Hide replies

My apology for saying this but I have no respect for people who work at wall street. I feel his education/smartness is wasted. I have been working for couple of investment banks in wall street, it is a vicious circle where you need to make money setting aside all morales. Luckily I work on the technology side, i have seen these guys scrap out common person's money while earning million $bonus, hefty severance package. Look at the subprime crisis that these guys created. The .dot com bubble where these investmet bankers pumped and dumped stocks. Since past decade you hear so many investment bankers cooling their heal in jail for defrauding investor. Citi, Merrill, JP Morgan, goldman sachs, lehman brothers pay million $ in fine for illegal trading every year. Their policy if you get caught it is 10 mill$ in fine if not then it is a 100 mill.$ profit.
The true indian heroes are Mittal, he is such a genius that govt. invite him to revive their steel industry. Indra nooyi turned pepsico into an allround beverage and food company thus rewarding investors with great dividend. Narsimha chari who created the mesh wireless network standard...there are many who created something rather than scalping pennis out of trading slippage, mechanical quant system which keeps scrapping money minute by minute by seeking best price execution (how can you call these investing ? I really don't know).
Sorry no offense for the hardworking Vikram pandit.

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  RE:Vikram pandit great guy but
by stav on Dec 19, 2007 12:44 PM   Permalink
No offense, but software workers are not considered wall street geeks. They are a different league.

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  RE:Vikram pandit great guy but
by Aam Aadmi on Dec 19, 2007 08:37 AM   Permalink
There is only one saint at wall street - Mr. Gakkad

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  RE:Vikram pandit great guy but
by Bhupinder Singh on Dec 19, 2007 09:43 AM   Permalink
whole globalisation is mess world, media and powerful military are dictating to poor nations,, it is biggest fraud on earth,, vijay sareen c e o vode fone,, could not bribe indian politican , so boung to exit so,,, vikram pandit have greatest success to achieve how to excell in indian market by manipulating and coaxing and making inroad in powerful corridors,, of politics and get easy access to blackmailing the system for their ends,,,,
capitalism can not survive with property doom,, like diamond most useless things in world are called diamonds,,,
whole world is crazy,,,,,,see innerly and analyse what we are and how high we go, at least we are where from there we starts

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  RE:Vikram pandit great guy but
by Bhupinder Singh on Dec 19, 2007 09:45 AM   Permalink
great guys to creat wealth on air for big m n c,, ;good luck,,,,good salary and good media coverage,,, good for m b a school to project one more personality to earn more money and increase the fee of their school

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