Why the Rich gets richer …

This has to be by far the classic case of social injustice!!!
Someone who lost money for the company, was forced to leave, would could possibly end up richer than if he had stayed on with the company.
Read the last 2 paragraphs.

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Modern-day David vs. Goliath (Mark vs. Google)

This would go down the annals of IT history. Will someone make a movie out of it … isn’t it a classic?
“Microsoft Trumps Google With $240 Million Investment That Values Facebook at $15 Billion.”
SAN FRANCISCO (AP) — It’s hard to determine what’s more surprising about Microsoft Corp.’s investment in Facebook Inc. — the appraisal [...]

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Hubby! Where are thou?

This post has been making its rounds across cyberspace and it originated from a “spectacularly beautiful” lady looking for romance (with strings attached) amongst the investing banking community in the US. What made the post hilarious was the response provided by some smart-aleck banker stating his preferrence to “trade or lease” rather than “buy-and-hold” a [...]

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Krispy Kreme – make way for In-N-Out

Not exactly. Chanced upon this article bringing me back to the sunny state of California where I had my virgin taste of the legendary In-N-Out Burger. For beginners, this fast food chain is only found along the west coast … believe White Castle has its roots sunk along the east coast. 
The menu is classic … burgers, [...]

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Why insurance is big business

I was talking to someone who sells financial products in a bank and we touched on the topic of insurance and why it is big business. Let me first explain how insurance works.
Risk-pooling and Underwriting
Insurance works on a risk-pooling or underwriting basis. When you purchase an insurance policy (be it life, term, endowment, accident, fire or [...]

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