Mumbai’s cattle cars a.k.a. commuter trains have killed over 20,000 people in the last five years, according to local railway officials in this teeming metropolis. Worse than Nazi era cattle cars transporting Jews to the tragic final solution, Mumbai’s commuter trains carry seven million people everyday with people clinging on to the sides and many […]
Desi Butcher Vikram Pandit, Citigroup CEO, is throwing 9,000 employees on the streets on top of the 4,200 jobs the embattled bank has already cut recently. As usual, the new round of job cuts are also attributed to expense management. And did we tell you that Vikram Pandit, like the proverbial pig at the trough, took […]
The Desi Butcher Vikram Pandit-led financial mess Citigroup reported a hefty loss of $5.1 billion on revenues of $13.2 billion in its first quarter ended March 31 and will throw another 9,000 employees on the streets. On a conference call with analysts, Citigroup CEO Vikram Pandit acknowledged: To start with, we’re not happy with our […]