Subho Bijoya and Happy Dussehra to everybody.
I have often lamented the passing of the old-world charm that characterized Durga Pujos in favor of commercialization and “novelty”. Well it is indeed heartening to see that there are some folk in Delhi who have held on to the traditional Durga Pujo in a way that is truly endearing.
Great is the art of beginning, but greater is the art of ending.
-Lazurus Long
In 2005, he was not ready to hang up his boots.
No doubt however that he deserved to be dropped.
But he definitely did not deserve to have the end-chapter of his career written for him.
That too in the midst of the humiliation and the unfounded allegations of injury-faking that Chappell and Kiran More had tried to muddy his legacy with, helped in no small measure by small-minded, crooked mediamen (I have said enough of these people in my blogs before), smarting from having cold-shouldered in the past by Sourav.
And he most definitely did not deserve to not even be given a chance for redemption (The chief selector famously said that as long as he called the shots, there was no way that Sourav Ganguly would come back).
[Continued from Part 1. Again this is a long post.]
With investment banks and financial institutes sitting on stockpiles of toxic mortgage-backed securities and credit default swaps, the same instruments that Warren Buffet had dubbed “weapons of mass financial destruction” (with the only point to note is that unlike the “weapons of mass distraction” and Santa Claus, these really existed), lenders were as eager to loan these people money as anyone would be to leave their kid alone with Michael Jackson.
Warning number 1: This is a long post, part of a multi-post series on the crisis in the financial markets.
Warning number 2: I never took an Economics or Finance course in my life. I will not quote economists or provide citations and statistics. Not because I want to be simple and lucid. It’s because my knowledge of finance is extremely limited. All that follows is based on my understanding of the present financial situation, an understanding formed by reading the popular press.
Warning number 3: Which means that everything I say below may be wrong. But what’s wrong in that? At least, I didn’t get half a million dollars bonus and an apartment in Manhattan as reward for being “wrong”. Right?
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