Not been there...
I did not expect this kind of an article from a person who heads HSBC in India.
In an article in WSJ, Mr Tarun Kataria, who is the top boss of HSBC India claims that Obama's policies of capping bonuses and directing lending to a special segment of industry has strong parallels in Indian economy... Read his full article here.
Totally wrong, I would say. In case of US, the cap on salary is not on the best and the brightest brains. It is on the blokes who screwed it all up. They first misled everyone, took huge bonuses and then when the truth came out, ran to the Gov saying sorry. WTF?!?!
Mr. Banker, please don't take ordinary people like us for a ride.
In an article in WSJ, Mr Tarun Kataria, who is the top boss of HSBC India claims that Obama's policies of capping bonuses and directing lending to a special segment of industry has strong parallels in Indian economy... Read his full article here.
Totally wrong, I would say. In case of US, the cap on salary is not on the best and the brightest brains. It is on the blokes who screwed it all up. They first misled everyone, took huge bonuses and then when the truth came out, ran to the Gov saying sorry. WTF?!?!
Mr. Banker, please don't take ordinary people like us for a ride.
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