Wednesday, April 2, 2008

Its easy to understand U.S. when you've "been there-done that" ......

Its a month since i am in U.S. now and will be here for another one month or so.... understanding U.S. economy becomes much easier when its "being there-done that".... i am on a company project and work for its subsidiary that is into direct capital lending to small private companies in U.S. (gosh, hot stuff & i have seen things closely!!!) ..... veterans says its the most interesting markets since last 5 years or so.... credit crisis, distress fed rate cuts, bailouts, Bear Stearns fire sale, UBS writing off billions .... markets are not not only cautious, but confused! i could feel the heat....

i have been working on some good posts now... it relates to current scenario where these financial firms face many issue - valuations of investments, raising new capital, compliance, auditors etc...

i promise to post some useful articles in next few days...
cheers

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