The role of Finance Intermediaries, Analysts , Consultants and the Funds Managers is under the public scrutiny ..the author feels .."rightly so !!"
There is no doubt that a vast number of investors have lost a huge amount of money during this financial turmoil, which still continues,unabatedly .
Naturally the blame game has started.
Coming straight to my topic, i feel that the financial intermediaries ought to have alarmed the concerned investors, quite effectively , to the fact that there lies a clear wasted interest , at all levels , to see that the stock prices swell and keep swelling .
The Incentives , Bonuses, ESOPs etc all drew he tangible benefits from the extra fat that the equity prices gather .
Similarly , the entire machinery that participated and controlled the money markets and the stock markets, also could not see beyond their own elf interests of a short run .
The bail out packages also , interestingly , will put higher tax burden on the common investors .
The entire system needs to be revamped. There can not be a reliable cure coming from the quarters which itself is manned by the experts who themselves are the cause of the problem . The real great traders are those who played a "YES Sir "approach since they were more than happy receiving their swelling pay packets!!
Any rejoinders?/ !! Please .
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment