Retrograde. Bamboozlement! More Bamboozlement!

Shooting with eyes shut


I wanted to laugh. At any given moment there are enough people who believe a country out to be run like a mob.We have a mob.

 P. Chidambaram earlier represented Enron as a senior lawyer in India. (That should be enough. Still.) And at one time he was also one of the non-executive directors of British mining conglomerate ‘Vedanta Resources’ where he helped it in getting listed at LSE. And Chidambaram represented it in the Mumbai High Court until 2003, quitting because he became the finance Minister of India.   Vedanta's Bihar born 'Millionaire but only matriculate pass' owner now lives in Europe (Arundhati Roy gave the address as: 'London in a mansion that once belonged to the Shah of Iran') and is believed to be very smart: "Anil Agarwal, Vedanta’s chief executive, who founded Sterlite in 1976, caused further controversy last year [2002] when he attempted to delist Sterlite in Bombay. At the time, Mr Agarwal owned 80 per cent of Sterlite’s shares and his offer to minority shareholders was well below the company’s book value, but above the company’s share price." and when questioned his white buddy said, “And if you look at our directors, these are people who don’t come on to boards lightly.” .

As a Home Minister Chidambaram will be thing of legends. Even RSS likes the guy.

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More dirt on Vedanta

2 comments:

  1. Fabulous blog!...I m totally book marking this... have been a huge fan of old ads (print and other electronic media)

    Totally loved ur blog...keep doing the great stuff you are doing

    ReplyDelete
  2. Thanks! Hope you enjoy your future visits too.

    ReplyDelete

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