Those who were around should recall crash on 1995. Manmohan Singh is India's Greenspan. He removes all the controls on the banks who lend money to all shady FIIs and brokers who speculate in the stock market and real estate. Initially it looks very good but soon things start imploding and money disappears. He is letting speculators play with the hard earned money of average poor Indian which is deposited in the banks. Capitalism without transparency, checks and balances is the worst form of government.
RE:Manmohan Singh Harshad Mehta act II
by prashant sharma on Mar 17, 2008 05:48 PM Permalink
are u crazy? are u a resident of jhumri talaiya? wake up! open your eyes. the world is beckoning you, you fool.
RE:Manmohan Singh Harshad Mehta act II
by vikas k on Mar 17, 2008 05:55 PM Permalink
PC aka Chidambaram, must stashed his loot somewhere buried in the jungle..he has made a pact with FII's..before market crashed.
RE:Manmohan Singh Harshad Mehta act II
by sharad Kumar on Mar 17, 2008 06:15 PM Permalink
Hearing all of your pro's and cons give a sense that none of you know about stock markets and its operations.The common man was never bought on the gunpoint to invest in market it was his greed to make easy irrational return on investement that bought him to the market abt which he knows too less.In markets if you become friendly with trends and not valuations this is ought to happen and to know valuations one has to keep his basics of business alive and intact. Investment is a ruthless and disciplined stream and those misunderstabding markets as a place to earn easy irrational profits will always pay for it. Only advice is dont panic there are good stocks avialable at excellent valuations study them and invest with an horizon of 3-5 years one will have decent returns if you dont understand invetsment try RBI bonds etc where returns are sure. Look before you leap and watch your steps the reason for fallout is in you.
RE:Manmohan Singh Harshad Mehta act II
by on Mar 17, 2008 06:34 PM Permalink
Good advice but its too late for a lot of folk. They jumped in with all their hard earned/borrowed money and are now beyond redemption. Govt was trying to crate a feel good factor through stock market but has only manged to bring massive inflation (20 % - 30% if you ask me)
