I think FM is involved with "mandi wala..." He has made comment when market is all time high. FM has played with sentimate of small investors. I think PM has to be taken interest and give statement and step down FM.
RE:stock market !!!!!
by Subramanian on Oct 18, 2007 07:11 PM Permalink
sir, this is a market of sentiments. Let the FM make a statement that SBI is real position is negative- In 2 days SBI will be running from pillar to post for paying the depositors. Having done the mistake FM should resign immediately. The congress regime played a dirty game with US64 investors. The responsible chairman of that time is having good time roaming around the world where as poor and old retired are still remebering those bad days.
The stock market is a buble built up by the so called economists for fooling the wealthy and mighty. But who gets cheated often is the middle class. A remedy will be 1.Mutual funds should be made to pay back the original investments whatever happens to market. 2. The price of mutual funds and equity shares should be freezed at maximum 30% per annum. Real growth of the companies can be shared with share holders by issuing bonus shares. All shares should be of same face value. Recently banks are offering interest rates for 156 days 146 days etc. I hope they will not say 16 days and 4 hrs etc etc. All this is allowed only to confuse the poor public.
The collection agents of all the credit card issuers are no1 goondas only. One leading banks such agents beaten up one such defaulter in front of me only.
As an engineer I have progressed far ahead of rejecting substandard out put and now we ensure quality output at any cost by controlling the quality of all inputs. We have a Justice department and they never ensure quality of justic