Saturday, March 21, 2009

Greedy bankers to face 90% tax

There is a proposal to impose 90% taxes on bankers who earn huge bonuses.
The article can be read here
http://www.ft.com/cms/s/0/4ff2f77e-1584-11de-b9a9-0000779fd2ac.html

There is tremendous amount of greed in Wall street. Ultimately everything in life can be be viewed as a game of fear and greed.

Back home, the Nifty has been rangebound for the last few days. We should see some direction soon again.

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