Saturday, January 10, 2009

In the News

There are a few big stories happening now in Hyderabad...
There was a lorry (British talk for big truck) strike. The most obvious effect this has on us is that gas is not delivered to petrol stations (British talk for gas stations).
I was driving down the street in my gas guzzling SUV to find queue ups (British talk for line ups) kilometers long of cars waiting to get into the stations in hopes that petrol would be delivered soon...(I don't know...maybe by camel). The strike only lasted a few days but caused enough havoc that I have a new found respect for lorry drivers.
The other even bigger story is that one of the IT companies (Satyam) has been unethical and looks as if it will collapse.
A lot of people may be out of jobs...flooding the market with c.v.'s (that's British talk for resumes).
Yesterday there was a short story in the Times of India that I found...disturbing...but interesting enough to blatently plagiarise (British talk for plagiarize) and copy the story word for word on my blog... (My comments are highlighted and not part of the original story)
Satyam lies kill teacher (Those teacher killing bastards!)
A teacher committed suicide at Phagwara after losing around Rs. 14-15 lakh (Indian talk for 100,000) in stock market. According to his family, he was depressed for the past few days after losing money, but on Wednesday when the Sensex dipped further after the Satyam shock, all his hopes crashed. A teacher of mathematics at Guru Har Rai Public Senior Secondary School in Dosanjh Dalan, Harsh Kumar, 35, was a resident of Urban Estate area. (Wow...He worked at Guru Har Rai Public Senior Secondary School in Dosanjh Dalan? I have a friend that went to Guru Har Rai Public Senior Secondary School in Dosanjh Dalan... I love Guru Har Rai Public Senior Secondary School in Dosanjh Danlan. I want to send my son to Guru Har Rai Public Senior Secondary School in Dosanjh Dalan! Guru Har Rai Public Senior Secondary School in Dosanjh Dalan football rocks) "He had been in a state of depression for quite some time after losing a lot of money in the market," said a member of his family. On Wednesday night, he went to a nearby grocery shop and consumed celphos tablets there. (Clean up on aisle 3) He was rushed to two private hospitals that refused admission seeing his serious condition. (I guess that hospital has a different meaning in India) He was then taken to DMC Hospital (not to be confused with Run DMC Hospital), Ludhiana, where he succumbed on Thursday. He's survived by wife and a year-and-half-old son. Sadar police SHO SS Bal said family of the deceased said he had lost money in the stock market, which drove him to take the extreme step. "It is not yet clear in which companies he had invested. We are also looking into the possilility of the Satyam shock precipitated the tension," he added.
Depression is a serious disease but can be treated...maybe this guy should have spent less time playing the market and more time in therapy.
My condolences to his abandoned wife and child and I hope anyone else thinking they should go to the grocery store and kill themselves to show Satyam how upset they are will reconsider...
Here is a photo of Ramalinga Raju, the disgraced promoter-chairman of Satyam...I got the photo off of the internet...The top of the picture is cut off to hide his devil horns.

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