Wachovia, Wells Fargo Tell Vikram Pandit: Screw You

By on    Business, Diaspora  

Just days after Citigroup CEO Vikram Pandit was gloating about picking up the banking business of Wachovia Corporation with the blessings and support of the U.S. government, Wells Fargo seems to have snatched the prize away. The Wachovia board has approved Wells Fargo’s offer of $15.1 billion ($7 per Wachovia share), which does not require […]

Can this Lassi Ad Really be True?

By on    General  

The latest issue of New Yorker magazine (Oct 6, 2008) has an HSBC commercial banking ad on P.30 which claims that in Punjab washing machines are not used just for laundry. Apparently, washing machines are also used in the North Indian state of Punjab as a yoghurt blender to make that delicious drink all Indians […]