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Posts Tagged ‘Lehman Brothers’

"Fall" Collection

Posted by Sathyamurthy www.sathyamurthy.com on October 7, 2008

I got this mail from one friend:

I am sad to share with you untimely demise of our beloved dynamic duo SENSEX and NIFTY

They were unwell since last few months due to constant fluctuation of Oil and $ count. Though recently it stabilised and was improving but last weekend they got sudden blow from bankruptcy virus called LEHMYAIG. It's a deadly combination of Lehman, Merill Lynch and AIG. The blow from this virus proved fatal. Coupled with epidemic effect of the above and Wa Mu, Wach and Goldman infection SENSEX and NIFTY just could not be saved.  

May god give peace to soul of their beloved family members.

SENSEX & NIFTY – 1970 to 2008

Children: Reliance, Infosys, ICICI, Bhel, L& T and 40 others
Cousin: Hang Seng, KOSPI, NIKKEI
In laws: Dow Jones and NASDAQ

You are requested to pay tribute to them by looking at your portfolios for 5 minutes


I replied back to him this:

If only they heeded to advise of elders and "Exercised" caution regularly, they would have lived for some more years.  But they were "Banking" too much on "Power" and had little "Healthcare".  The body looked sound but the internal "Infrastructure" was very bad may be because of "Engineering" faults or "Cellular" problems.  Some even felt that "Biotechnology" could have saved them with the support of data gathered using "Information Technology" which in turn used "Computer Hardware".  They even tried to "Outsource" some of the life support systems and by "Auto"mating some organs but  nothing could strengthen and "Cement" the situation.  But despite the efforts every "OTHER" thing tried failed.

The "real estate" left behind them are staring at us in our portfolios as strong immovables.

We can only look to buy some "Capital Equipment" to build a nice monument for these departed souls and make a ever burning light with some "OIL" and pass "Gas" looking at the monument.

May their souls rest in peace.


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