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Showing posts from September, 2008

Flippant

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“It is hard for us, without being flippant, to even see a scenario within any kind of realm of reason that would see us losing one dollar in any of those transactions.” — Joseph J. Cassano, a former A.I.G. executive, August 2007



How things change! With the enormous benefit of hindsight, it now seems ridiculously flippant not to see the gaping holes in the policies followed by the players in the sub-prime crisis. With the unraveling of the financial crisis, several questions come to mind to the affected, but as yet uninvolved observer:

1. How did the entire financial industry, with its (supposedly) brilliant workforce and sophisticated tools, collectively make such wrong judgments?

Apart from warning us about the excessive intellectual hubris of the 'i-banker types', it also raises questions about the merits of having a financial system that makes a virtue of greed, with little merit attached to prudence, fiscal or otherwise. And as a management…

Broken

The broken clock is a comfort, it helps me sleep tonight
Maybe it can stop tomorrow from stealing all my time
I am here still waiting though I still have my doubts
I am damaged at best, like you've already figured out

I'm falling apart, I'm barely breathing
With a broken heart that's still beating
In the pain there is healing
In your name I find meaning
So I'm holdin' on, I'm holdin' on, I'm holdin' on
I'm barely holdin' on to you

The broken locks were a warning you got inside my head
I tried my best to be guarded, I'm an open book instead
I still see your reflection inside of my eyes
That are looking for purpose, they're still looking for life

I'm falling apart, I'm barely breathing
With a broken heart that's still beating
In the pain is there healing
In your name I find meaning
So I'm holdin' on, I'm holdin' on, I'm holdin' on
I'm barely holdin' on to you

I'm hanging on another day just to see what y…

GREat expectations

This is a collection of advice I had dished out after getting a 1510 in GRE. All of them are in response to questions people posed, but I've omitted the questions. I've collected them all here because several people have asked me for GRE tips. Plan to have another post on CAT advice as well. Standard disclaimers apply.


I got 1510, (710+800) in Chennai (don't really know if the center makes a difference)

I was under the impression that GRE was really tough, but it really depends on where your starting point is. If you have a good reading habit, a large vocabulary, then a couple of weeks to a month is enough to get 1500+. If you feel you've not had the best english background, you can take longer.

I found almost all the words in verbal to be of very common usage. Very very few were difficult unheard of words, that are only found in Barron's. So general advice to test givers would be to go through barrons rapidly and remember words that you've either heard of before,…

Cast(e) Aside

Caste is probably the oldest problem that has plagued our nation. Far older than poverty, or the conflicts of class or religion. It is ingrained in the very fabric of our civilization, our ethos. Why and how it became established is still an unresolved issue. A more important question is why in the 21st century our nation is still crippled by it. Why has our individual conscience not awakened in us a collective resolve to right the multitudes of atrocities we have committed?

A crushed spirit is the worst kind of damage a human can suffer. Yet millions upon millions of Indians live with no food, no water, no shelter, and worse of all, no hope. What is even more disconcerting is our total apathy to their plight. I am guilty of this as well. When we see destitutes lining our streets, children begging at traffic signals or news items on caste related crimes on a daily basis, we learn to block them out. Initially, it is done perhaps to lessen our guilt, but gradually we become indifferent t…