Saturday, September 20, 2008

questioning the school of thought

with all the trauma and turbulence in the world market, starting from the the cronicles of Sub prome meltdown, Countrywide bought over by BoA, Bears and Sterns falling; Freddie and fannie groping for help; Lehman brothers succumbing; Morgan and Stanley looking for partners ....

I wonder what would be the new case studies going to be in B schools across the world who feed the management students with the foods for business. Are they going to postulate a new theory or we would witness a great case study .

All my life I have been worshipping the iconic factories of business schools of America who base their theory on productivity&profits considering the developed environment as a breeding ground. Today many theory stand to dilute their survival whether they were really true

Business schools teachin the nitty gritty of financial systems across the world, forecasting the world economics projecting the numbers in the balance sheet. formulating a theory to click in wall street. All is to be questioned today knowing what all they bragged and postulated ... does it all establishes a business that truly stays
Today if we account of what we have lost is the trust .... trust on the system what wall street was made of, a trust of what wall street stands for........
Scholars have ran all their lives studying factors taht affect the financial system, handle risks and controlling the organisations worldwide why today we could not figure out that windfall

I wonder the reasons to answer why a $50billion company is no more and why stock brokers whose lives every one envies are winding up their trades and shops. isnt that all they bought the most efficient, affluent, iconic system to halt was the GREED................................

Time will tell that it was good or bad that Sub prime investments done by all the banks, funds and institutions were valid or not . Today I see the shambbers

There was a time when the hedging and mortgage bonds , subprime security trading were the biggest money making theme which all lusted for. Salomon brothers perfected the art and later on it was picked by all the wall street bankers across . Organisations build their name, fame and profits on to it. Brokers made their hefty commissions on each trade that happened on the dance floors of the stock markets . Who will say same is the reson for all the downfall.

My mind stops answering to the questions that what would be the new world finacial system be..
organisations still demand money to fund either their growth, expansion buyoout and stability
money is still there but who owns it today , who are the new stake holders going to be . what wouild be the channels for that . I know every fin kid would be looking to answer some of those questions

lets see the new world system of business where these fin major use to play a major role find new ways to support thier life lines. And here all what howard , Wharton, stanfford, Wales &LSB's of the world woudl change the way they teach

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