Comments on: Don't blame AIG for the bonus payouts

By: vidya

vidya — Fri, 27 Mar 2009 02:16:22 +0000

lekhni,
A sound logical analysis (except for the following part)
>> Lets face it – no Wall Street firm, or any other firm for that matter, would like to compensate rank and file employees attractively , unless they have actually contributed significantly to the companys profitability and are so talented the company cannot afford to shortchange them.

With accounting firms and the financial industry there’s always the case that at Point in Time n the profitability may have been cooked up by the said employee who was supposed to have contributed to the group. It’s kind of like retaining the bad-coder only because there are higher chances that he/she would know all the bugs their code had in the first place.

I still would like to read some sound what-ifs (even who can sue who, what next and other analytical financial content and it’s so hard to come by on the web!)

By: lekhni

lekhni — Tue, 24 Mar 2009 12:01:17 +0000

Thanks for telling me about quillpad – but I see that you have spammed multiple blogs with the same comment. Are you affiliated with quillpad then?

By: santhosh

santhosh — Tue, 24 Mar 2009 09:03:51 +0000

hi, it is nice to go through ur blogand it is well informative tooby the way why dont you start a blog in your own mother tongue? as i know it is not a big task.

recently i was searching for the user friendly Indian language typing tool and found .. quillpad. heard that it is much more superior than the Googles indic transliteration!? It gives you the option of Rich Text as well as 9 Indian languageswhereas Google is providing only 5 languages and no Rich text option

It is indeed a pleasure as well as proud moment to express our views in our own mother tongueand it is our duty too.. so, save,protect,popularize and communicate in our own mother tongue.

try this, http://www.quillpad.in

Jai. Ho.
Reply

By: lekhni

lekhni — Fri, 20 Mar 2009 22:02:19 +0000

Oh OK, got it now (on the morality point).
I agree that Indian politicians are far more entertaining, but unfortunately Indian politicians are actually capable of causing large-scale violence and rioting and so on. I am assuming British politicians haven’t yet developed such capabilities..

By: Shefaly

Shefaly — Fri, 20 Mar 2009 21:54:53 +0000

My last line was referring to Amit’s comment, not your argument.

If you want true entertainment though, you need to follow India’s politics right now. British politicians are learners at the game.

By: lekhni

lekhni — Fri, 20 Mar 2009 20:24:18 +0000

I agree completely. The way the new higher tax rate has been applied seems patently unfair. And of course, the government had every right to put in whatever conditions it wanted when it was handing out the money. It cannot come up with stipulations on use after the money has been used

By: lekhni

lekhni — Fri, 20 Mar 2009 20:22:14 +0000

That’s fascinating stuff on British politics.. I see that following British politics should be my default entertainment option

I am not arguing morality here, and yes, that would be completely subjective. I am only talking about contracts and incentives..

By: lekhni

lekhni — Fri, 20 Mar 2009 20:20:00 +0000

That is hilarious

By: lekhni

lekhni — Fri, 20 Mar 2009 20:19:24 +0000

Why would I be an apologist? An apologist for whom, and what? I was certainly not defending anyone in my post..

And no, I don’t see why anyone would want to return their bonuses just because others were unemployed. The unemployment rate in India is even higher, there is much more poverty, so should every one in India return their bonuses?

As I keep saying, I am all for renegotiating contracts (and bonuses). What I am NOT for is unilaterally tearing up contracts, or imposing arbitrary taxes ex-post facto.