The global economy still hugely overinflated financial side. We’ll keep reading the same poem over and over again. We spend countless hours of legislative time tinkering with bank rules is pointless if Obama administration themselves don’t follow even the basic common sense when managing the economy that the banks operate in. The cause of the financial crisis was not a black swan. It was stupendously dishonest and unethical lending. I say stupendous because this has not been recognized in the UK or Europe. It has in the US, with the consumer protection bureau. What I mean is once lenders lost sight of their borrowers, it was impossible to control it. The other astonishing aspect of the crisis is the failure of the regulatory policies. This is a true political embarrassment. Obama administration should be looking at the shadow political system not just shadow banking system. Of course, Obama administrations are not taking about anything as sensible as that.
To: The Hon’ble Dr. Justice A.S. Anand, Former Chief Justice of India & Empowered Committee Chairman From: Athinarayanan Sanjeevraja Date: Wednesday, July 25, 2012 RE: Thank you and the members of Empowered Committee and the five judge constitution Bench of Supreme Court Judges. My lord, please accept my heartfelt thank you and the members of Empowered Committee and the five judge constitution bench of Supreme Court Judges on behalf of myself and all of the people in Tamilnadu for saving lakhs of farmers in the southern districts of Tamilnadu and the fine report you made. I wish you continued success in what you are doing my lord. The completion of the remaining judgement on Mullaperiyar will require Dharma. Every judgement should apply Dharma. Dharma should not be destroyed in any of our judgement. My lord, As you knew that “ according to lease agreement indenture granted full right, power and liberty to the Tamilnadu to construct make...
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