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Posts Tagged ‘London’

British Banks: We Are Crooks. Dont Trust Us.

June 29, 2012 5 comments

Wonder what lessons James Crabtree has for British business and political elites! What SEC claims Rajat Gupta did, cost the market less than US$1 mn. What the LIBOR scandal has done has cost global consumers trillions? No one goes to jail?

Banks have told us they cannot be trusted. The character of the State we know  |  Pugh of dailymail.co.uk on the Barclays bank LIBOR scandal; Friday, Jun 29 2012   |  Click for image.

Banks have told us they cannot be trusted. The character of the State we know | Pugh of dailymail.co.uk on the Barclays bank LIBOR scandal; Friday, Jun 29 2012 | Click for image.

Ba, ba Black Sheep

Wonder what lessons British captains of industry, commerce and business have learned?

By asking the State to take over, they are admitting they are a untrustworthy lot.

As for the British State, you can take the opinion of millions of Indians that the British State can definitely be trusted.

Only as far as you can throw it.

Baby wants more …

That leaves us with the Common Brit.

Stripped of all control and power over his life, the Common Brit whimpers for more of the State. Dependent on the State for food, shelter, education, jobs, medical assistance, the Common Brit no longer knows, whether he is coming or going.

What independent opinion, judgement can you expect from those who are dependent on a Criminal State and Klepto-Elite?

Wonder what lessons British media has for British business?  |  Cartoonist David Simonds on February 11, 2012; source & courtesy - guardian.co.uk  |  Click for image.

Wonder what lessons British media has for British business? | Cartoonist David Simonds on February 11, 2012; source & courtesy – guardian.co.uk | Click for image.

The British Bankers’ Association has asked the UK government to consider regulating and supervising the setting of the London interbank rate offered rate at the heart of Barclays’ £290m penalty for rates manipulation.

Under a historical quirk, the process of setting Libor has always been considered a private activity run by the banking trade body, although the banks who participate in the rate-setting process are regulated by the Financial Services Authority.

Barclays admitted Wednesday that its submissions to the Libor process were improperly affected by requests from traders to move the rate to the benefit of their derivative positions, as well as by a desire to make the bank look stronger during the financial crisis.

The BBA is currently reviewing the way Libor, which is the basis for $350tn in contracts world wide, is set amid probes that have swept in nearly 20 banks and a dozen regulators on three continents. (via BBA urges government to oversee Libor – FT.com).

What Peter says about Paul, says more about Peter than about Paul.


Rats on stormy seas!

November 22, 2010 2 comments
Princess Esra, Mukarram Jah's Turkish-born first wife, dressed in a saree! What a comedown! To dress like a plebian Indian!

Princess Esra, Mukarram Jah's Turkish-born first wife, dressed in a saree! What a comedown! To dress like a plebian Indian!

What is curious in all (this) seen over the last decade, is the fact that it is a woman who is now at the helm of affairs managing the Nizam’s properties. Women had no public presence up to the time of the seventh Nizam. Until, of course, Durru Shehvar and Niloufer, the last Ottoman Caliph’s daughter and niece respectively, married Osman Ali Khan’s two sons and moved to Hyderabad. “They were in public, participating in polo matches, playing tennis. The two girls had European lifestyles while the Nizam’s sons had Mughlai lifestyles’’ It was for this reason the marriages did not last with Princess Niloufer getting a divorce and Durru Shehvar living separately in England.
The history of the Nizam’s family is as intriguing as its present. Esra may have found Hyderabad stifling, but now, it is said, the name plate outside her house in London carries her past in bold letters: Princess Esra of Hyderabad. (read more via THE RISE OF A PRINCESS.).

Why stay with these dirty, poor Indians

Fleeing from a starving, hungry, poor 1947-India, straight to London and other better climes. Now, that UK and Europe are in trouble …

The earlier Hyderabad was not acceptable to the Princess Esra – but she now sports her identity on her proverbial sleeve – dressed in a saree. What a comedown, milady! After all, the Nizam’s sons had

married the daughter and the niece of the last Caliph of Turkey, Abdul Majid II. As part of the marriage arrangements, the Caliph had nominated the Nizam’s son as heir to the Caliphate, so uniting the supreme spiritual authority of the Muslim world with its greatest concentration of riches. The dynasty seemed unassailable. (read more via www.outlookindia.com | Princess To The Rescue).

I wonder why images of rats seeking safety on a floating ship in stormy seas cross my mind!

How the Greeks learnt about emeralds!

The Mogul Emerald - only known emerald of the Mogul Period; dated near 1695; 10cm tall; weighs 217.8 carats; with intricate floral design including a rosette with poppies and foliage on one side; an Islamic prayer on the other; sold at an auction in London for $2.2 million (US).

The Mogul Emerald - only known emerald of the Mogul Period; dated near 1695; 10cm tall; weighs 217.8 carats; with intricate floral design including a rosette with poppies and foliage on one side; an Islamic prayer on the other; sold at an auction in London for $2.2 million (US).

Original Greek Word: σμάραγδος
Transliteration: smaragdos
Phonetic Spelling: smar’-ag-dos
Short Definition: emerald

via Strong’s Greek Dictionary: 4665. smaragdos.

From smaragdos, to esmeralde to emerald. The Greek word smaragdos, seems to be derived from Sanskrit word smarak-dosh.

Emerald is something that supposedly cures poor memory – a curative for smarak-dosh! Interesting that Indian astrology, gemmology and ayurvedic ideas affected Greece so deeply!

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