Posted on December 19, 2008 by Vaibhav Pandey
Current state of IT and for that matter every industry is known to almost everyone now. The current financial meltdown has taken stroll on all the industries and has even led to number of bankruptcies.
This interesting cartroon strip below depicts the current state of the employees in almost all the industries today.
This interesting cartroon strip below depicts the current state of IT. Has your company also asked you to take a pay cut / less bonus / no increments or layoffs?
If you are trying to understand the root cause of this Financial Meltdown, do check out this post.
Filed under: comics | Tagged: Bankruptcies, Bonus, Cartoon Strip, Current Company, Current State, Finance, Financial Meltdown, Increments, Layoffs, Root Cause | Leave a comment »
Posted on October 12, 2008 by Vaibhav Pandey
By now most of us already know the root cause of the Financial crisis which has gripped this world. The other day, i was explaining the cause of this crisis to a fellow colleague and how CDO’s or collateralized debt obligations have landed us into this trouble. Later, this video came as a add on to my explanation for this colleague of mine.
In this video, Paddy Hirsch gives a bubbly explanation of the intricacies of collateralized debt obligations those financial instruments that got us into this financial mess.
Also read: Randy Pausch Last Lecture: Achieving Your Childhood Dreams
Filed under: Video | Tagged: CDO, Collaterized Deb Obligation, Crisis, Finance, Recession, Video | 4 Comments »