Satyam story

Well the news about Indian Corporate's biggest scandal so far is being heard a lot these days..The money fudged seems to be really big and also it proves the fact that we remain Indians at heart how much ever big we are and the extent of bribing that takes place here in india (I am pretty sure PWC auditors must have been bribed too to keep the actual financial status of the company under wraps) Anyways..Satyam scam has been stated as the Indian version of Enron scam(in US) and here's the link for those interested in reading about the Enron story : http://money.howstuffworks.com/cooking-books6.htm

Birthday 25th

on dec 11th i had my 25th dirthday...well i am 25 years old now and it really feels like crossing a milestone.. At times i feel really old and want to settle down and at other times i feel probably life has just started and i really have to make the most of the 5 years i have for my own till the time i turn thirty with lotsa responsibilities :( but what does one do to have fun? anyways i just wanted to write down how i had spent the day lest it vanish from my memory :) I really didnt have much enthu this time around and didnt shop for a birthday dress or anything..i had a new black saree which was a gift from last bday and which i hadnt worn till now...so i wore a saree to office on the day and it really felt good wearing one and for a change i got to spend the entire day in saree which i didnt think i could really manage...but i guess i got little more comfortable with wearing sarees(ofcourses using lotsaa pins to keep the dress in place..ha ha :)) well then went for lunch with Manish, Neha and Kavitha buddies from office to "Punjabi times" (restaurant in j.p.nagar,bangalore) the food was good and had a nice time there:) later met sundeep at CCD and played a game of chess there ( oh yeah...somebody from CCD seems to have hit on this innovative idea to let people play games while hanging out...but dunno whether this has really helped increase the customer turn out....have to check this one out)..and got defeated :((..anyways lite :) and then returned home and had grub at home (lemon rice and coem veg curry) ...and yeah got lotsa gifts too this time....bouquet, chocolates,Pride and Prejudice (movie cd..i really love the novel by Jane Austen), stuffed toy, a dress ( brown color which i like a lot these days :)) spent some time with friends at home and went to bed...really had good time beyond my expectations...:)

practical

Just a few questions I am wondering about, at this point in time...
Whats the importance of practicality in life?
Why do we have to grow up when all that maturity doesnt give any pice of mind?
Why cant we just remain kids and be worriless beings for ever?
Why does life have to jolt you back into problems and worries when everything seems just so perfect?
...dont get me wrong and dont jump into the conclusion that this gal has gone nuts and its time somebody put me in asylum...i know i am not crazy( i know No body agrees that one is crazy, but on the other hand how else does one state that one is not crazy? :P)
Anyways I am in this vacillating state when one second everything seems just right and the next second i seem to be cound with problems everywhere? May be it is life's duty( Is it a thing? does it have duties? Just wondering...) to remind us from time to time that it is important not to get carried away, not to rely on anybody other than yourself...and the most important..be firm and practical and when you learn this..you would be happy...:)
Anyways....it feels fine now...huh!!

Home & Family

I am going home today...after a long time...i dont feel the enthu that i used to feel some months back about going home now...it just feels like everybody is busy with their own lives and not much interaction happens other than the usual catching up with questions like..what about higher studies? exams? apping? what about marriage? when are you getting married? etc etc...this is what happens even with family members..of course except for mom..which again makes me wonder and be eternally grateful to the wonderful,selfless,patient,caring human being that mom is...am i getting senti now??? i dont think so :) and even if i were...what the heck? Its normal to get senti at times :))

One more thing that i always wonder about is the connection that people have in general with family members...i sometimes feel everybody is just being superficial with their own interests standing ahead of anybody/anything else...is it really true? or am i being critical? i guess the relationship with family members is just different for different people..i have seen people who have very good relationship with their families..but very very few talk about all the things they might feel.

Anyhow, I am actually looking forward to having fun at home..especially Mom and homemade food :))

myriad ramblings

well by definition ennui means boredom...and i feel as if i am sinking into that day by day...why is it so? its like this nuclear chain reaction where once it is started it just goes on and on and on...recently i had a conversation with my manager regarding aspirations...he gave fundaes as to how the gap between one's aspirations and reality leads to dissapointment and depending on how big the gap is, it leads to frustration and then to depression( do anti depressants really work? or they temporary solution similar to drugs?)...well i guess it definitely makes sense..he also gave fundaes as to how one should have small aspirations/goals to start with and how one can gradually raise the bar instead of dreaming big in the first place and thus increase your chances of ending up with depression:(

well it does seem to make sense but then how do you know when it is small and when it is out of your reach ? how can you ever have an optimal aspiration, something which is nt too small to limit you abilities or isnt too big to be out of your reach? well i dunno..it seems like everybody's struggling with the same problem...so its ok...take a chill pill...relax..and let life take its own course...:)

Fed Bail out

I have been following with some interest the whole issue of Federal Bail Out.

It all started with the financial systems greed and teh general human tendency to let the things get worst before thinking of correcting it. Every body seems to be blaming the investment banks for the dire situation of liquidity crunch and economic stagnancy. Now the US Govt is trying to get passed the $700 bn bail out bill. But i think it might just turn out to be a temporary solution if not conditional. the Govt seems to be just throwing away teh tax payers valuable money in order to clean up the mess created by an opportunistics segment of GOP. It is highly unlikely that the govt will be able to sell the toxic bonds once the market gets better and even if it does that would be like triggering off another financial mess.

Instead the same solution that teh govt of Sweden( or was it spain?? :)) had come up with can be applied here too though the enormity of the current situation is incomparable to that in 1990s. Back then the govt of Spain had arranged for a bail out in similar situation which amounted to around 4% of teh Country's . The Govt had got significant amount of equity in return for the bail out. This atleast gives the govt an opportunity to get back teh money it is extending out. Even now US Govt can force the banks that it is trying to salvage to give out some % of their equity. this will give the govt a stake in the future of the banks rather than just help them out when situations get worse. This might help to deter banks relying on Govt help when things worse.

One more thing that govt can probably do in future is to have representaion in the board of teh company in order to increase teh accountability and ensure that the banks do not take advantage of teh loop holes in regulation.

well..this is my second blog profile and god knows where my first one is..Its probably lost in well over a zillion blogs created so far...and heres my zillionth +1 blog....anyways...just introducing myself again...this is saranya, currently working in a financial analytics company in bangalore. My native is Tirupati, a small temple town in Andhra Pradesh, India.

My Hobby 1: I read a lot but mostly restrict myself to just fiction and if possible classics.

My Hobby 2: Watching TV...used to watch TV a lot and that too almost anything...i have had my share of watching saas-bahu serials (oh yeah ...i know...cant believe that myself.) . But nowadays restrict myself to watching movies on TV..

Anyways starting all over again in this blogosphere..i plan to use this blog to put down some of my thoughts and mind you just some...coz there are not many since i am too lazy to have many thoughts also...:))

will see how far this goes....:)