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Tag Archives: Wells fargo

Farewell 2016

01 Sunday Jan 2017

Posted by KRD Pravin in Buddha, Business, Business to Buddha

≈ 2 Comments

Tags

corruption, Donald Trump, economics, Happy New Year, humanity, LBC, Panama leaks, Panama papers, Pokemon Go, Politics, Tata group, Terrorism, Wells fargo, Year 2016

Wish you a Very Happy New Year.

Cherish the moments you enjoyed and learn from the mistakes made – that he how we must move on in life and celebrate. Isnt it? The year 2016 was eventful. Every year is eventful though New Year blog 2016, New Year blog 2015, New Year blog 2014, New Year Blog 2013, New Year blog 2012, New Year blog 2011  😉

Terrorism – There is a new common for the world – terrorism – so that was as usual, religious extremism has not only kept its target India but added Europe to it. These apparently look like some unorganized terrorist attacks, but the end of many of these thread is common. The list is not small – https://en.wikipedia.org/wiki/List_of_terrorist_incidents,_2016 We need to ask ourselves – when are we going to be “human” behave like humans? Did we learn anything from this in 2016? In fact I wrote this and heard 2017 has started with terrorist attack in Turkey! Waste! These good for nothing parasites on the face of earth do not understand what nonsense they are involved in, if some religion teaches this that is not a religion at all.

Business & Economics – There were few big developments in the year, first UK voted to leave European Union, second Wells Fargo of US was found out to be involved in a big scandal and third India demonetized high denomination currencies. Here is a wonderful Ted Talk on UK’s vote to leave EU.

Wells Fargo scandal has no lesser words for taking strict actions against the high, mighty and decision makers who looked for Q-o-Q results and made up books, profits and rewards the culprits. You must watch this video to know how

Demonetization in India shook many within India, and to utter surprise three others countries planed to follow suit – http://qz.com/867724/three-countries-across-three-continents-after-modis-india-demonitisation-has-spread-to-other-countries-too/

What banks did post demonetization in India must be a subject matter of scrutiny same as Wells Forgo in the US.

Another battle happening currently in India is Tata group Vs Cyrus Mistry (the story is yet to unfold fully in 2017). As of 10th Dec 2016 (source), Investors of Tata group have lost about Rs 81,000 crore (810 Billion INR) in seven top Tata group companies since October 24 as Mistry was replaced by Ratan Tata as Tata Sons chairman.

Politics – Donald J Trump the next President of USA. It was most surprising and unthinkable when campaigning started last year. I wonder if what inspired Trump was mockery by Obama in white house in 2011.

Corruption – There was enough and more hue and cry about Panama papers. Corruption of many rich people worldwide. What is Panama papers? Watch the following video to know more. We must ask each one of these filthy rich people – what would they get by making, hoarding and rolling so much money all over the world? Remember we all leave everything here, including the wealth.

Somethings caught my eyes, were AT&T’s acquisition of Yahoo, LinkedIn’s by Microsoft and the phenomenon called Pokemon Go! https://techcrunch.com/2016/07/11/crunch-report-pokemon-go-mania/
Pokémon Go added $9B to Nintendo’s value, global rollout continues within a week
Pokémon Go has an estimated 7.5M U.S. downloads, $1.6M in daily revenue within a week
Will 22K people turn up to catch Pokémon in San Francisco and what less – Robbers target Pokémon Go players in Missouri.

What all these events have taught us? Humanity is important than a religion and terrorism. Globalization needs a perspective of interdependence at times we need to let go of some control, at times be need to think of inclusion. Every company has to be responsible, whether its Wells Fargo or Tata group. Never mock anyone, even if you are the president of the worlds most powerful, economically strong country. You will leave your wealth here only, pay your taxes instead of evading it. Legitimate money will make you and your money more respectable and in the end you would leave your body too here, wont take anything back with you. If you are doing something, put your heart and soul in it, make it awesome like the Pokemon Go!

This was LBC topic for farewell to 2016, I am late, was bit occupied with a preparation for a workshop on IPR held yesterday 31st Dec. You can read other blogs of other Loose Bloggers Consortium members at Ramana Uncleji and Shackman.

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