"Against this background, the major relaxation of ECB guidelines and raising of the cap on FII investment in corporate bonds strikes me as a trifle adventurous"
"The (Satyam) issue cannot be generalised. This is not the first corporate fraud nor it is going to be the last. But you cannot generalise it and throw the baby out with the bath water"
"Also, why punish smart managers and only help companies in trouble?" Good question
Play tetris, recursive.
In closing, black holes were always there, now they tell us. All companies are blackholes