Catch ‘em wrong! Now how about this exercise –

ZEE BUSINESS BEST B SCHOOL SURVEY

Questioning the ‘brilliant’ financial disclosure by Barclays...

What would your impromptu reaction be, if ‘some’ aggrieved investor walked up to you, complaining about ‘some’ well known financial institution posting ‘some’ unprecedented loss during the year gone by? Chances are, you’ll hardly bother to offer him a dimeworth of condolence, forget empty words of solace! For isn’t it a norm these days, for banks to post ‘negative earnings’, CEOs to walk away with zero bonuses and employees to get jettisoned?! Now how about this exercise – what if ‘some’ investor walked up to you, complaining about ‘some’ well-known financial institution posting ‘some’ below-average growth in profits during the year gone by? Chances are, you’ll entice and cajole him into selling his shares (in that company) to you; for what better than a financial entity that can promise and deliver on profits even at a time when the world is tearing its hair apart on the brobdignanian losses that has come to haunt investors...


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Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


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