Skip to main content

Marathi Paul Padti pudhe......!/ Marathi Paul Rocking...!

Vikram Panditanche Citigroupche CEO zalya baddal hardik abhinandan.......!
Marathi mansa aasach pudhe chalat raha......! Rock it..!


As expected, Citigroup Inc. (NYSE: C) today named Vikram Pandit as its new CEO, replacing the hugely unpopular Charles Prince. Acting CEO Win Bischoff replaced former Treasury Secretary Robert Rubin as chairman. Rubin didn't want the job permanently.As pundits including CNBC's Charles Gasparino pointed out, Citigroup's board didn't feel that Pandit had enough experience to get both jobs. That's no slight against Pandit, who joined New York-based Citigroup after selling the company his hedge fund for $900 million. Few if any people are experienced in the huge variety of business at Citigroup which is why Pandit says "simplifying the company's organizational structure and aligning our businesses and resources with appropriate goals and economic realities will be among our initial priorities."So what does that mean?Will Citigroup exit its retail business and focus on corporate banking? Are more job cuts coming down the pike? Investors are demanding quick answers to these and many other questions.``They need somebody who can get in there and put some color on exactly where the risks are and what they're doing to address that,'' Johnson Asset Management analyst William Fitzpatrick, told Bloomberg News. ``The stock's been in freefall for the last couple of months.''Shares of Citigroup, which are down 40% this year, fell further today with other financial stocks amid disappointment over the Fed's rate cut announcement

Comments

Post a Comment

Popular posts from this blog

आपण महाराष्ट्राच्या संस्कृतीचे अजूनही खरंच पाईक आहोत कि भरकटलोत ?

महाराष्ट्र दिनाच्या सगळ्यांना शुभेच्छा. तसं ज्याला आज आपण महाराष्ट्र म्हणतो, त्याचा हा आधुनिक जन्म दिवस. महाराष्ट्र कधी पासून अस्तित्वात असेल? म्हणजे इथली संस्कृती, आपण जे वागतो, जगतो, बोलतो, राहतो वगैरे वगैरे. कधी पासून हे सगळं असं असावं? याचं उत्तर आपल्या सारख्या सामान्यांपेक्षा हा ज्या कोणत्या विषयाचा विषय असेल त्या विषयाच्या निष्णातांना जास्त चांगलं माहित असेल. तरी, आपला एक सामान्य माणूस म्हणून या भूमीवर अधिकार आहे आणि त्याच अधिकाराने आपण आपला एक अंदाज लावू शकतो. म्हणजे ज्ञानेश्वर-नामदेव इथे आपल्याला या मराठी राज्याची - महाराष्ट्राची - सुरुवात झाली असावी, असा अंदाज लावता येईल.म्हणजे आजच्या आपल्या मराठी म्हणता येईल अशा संस्कृतीची सुरवात तिथून झाली असं आपण समजू शकतो. किंवा मला जे मांडायचं त्या साठी ते सोयीचं आहे म्हणून समजा हवं तर! पण मीच कशाला वारकरी साहित्यातच संत बहिणाबाईंनी लिहून ठेवलयं - संतकृपा झाली । इमारत फळा आली ॥ १ ॥ ज्ञानदेवें रचिला पाया । उभारिलें देवालया ॥ २ ॥ नामा तयाचा किंकर । तेणें रचिलें तें आवार ॥ ३ ॥ जनार्दन एकनाथ । खांब दिधला भागवत ॥ ४ ॥ तुका झालासे कळस । भजन करा ...
Post a Comment
Read more

Is Higher Education a Bubble? A view ...

Peter Thiel founder PayPal and now a Venture Capitalist puts his thought on the education system. Looks his thoughts are biased to his  experiences, but this view towards education is not completely wrong when the education system doesn't produce the quality resources. The situation in the India is similar and may be the bauble will burst one day. Need to be careful. Education is a bubble in a classic sense. To call something a bubble, it must be overpriced and there must be an intense belief in it. Housing was a classic bubble, as were tech stocks in the ’90s, because they were both very overvalued, but there was an incredibly widespread belief that almost could not be questioned — you had to own a house in 2005, and you had to be in an equity-market index fund in 1999. Probably the only candidate left for a bubble — at least in the developed world (maybe emerging markets are a bubble) — is education. It’s basically extremely overpriced. People ar...
Post a Comment
Read more

NVDIA AI India

 NVDIA AI some Insights after digesting the event with some Diwali Delicacies! I had good time at the NVIDIA AI Summit held at the Jio World Center in Mumbai. It felt like every company working on artificial intelligence in India was present, either as an exhibitor or an attendee. Some sessions were so packed that people were standing, and even then, many more were trying to get in. Much of the discussion revolved around Large Language Models (LLMs) and Retrieval-Augmented Generation (RAG). These are undoubtedly central topics in AI today, drawing significant attention. I’m a huge admirer of RAG, but I still wouldn’t go as far as to say that “LLM (+RAG) is AI.” Although no one at the conference explicitly said this, it felt implied over the three days of sessions. I may be wrong, but I sensed a push for these technologies. Not just from NVIDIA, but from any hardware supplier, there’s an incentive to promote anything that drives demand for their solutions. NVIDIA’s GPUs are a backbo...
Post a Comment
Read more