meek-investor

Its difficult to get all senti with concrete. But then office buildings are no ordinary slabs of concrete. They are a piece of history in themselves. They have seen numerous people come and go, they have seen victories and defeats, they have seen joyful moments and sad occasions. They deserve a farewell when its their own time to go. Today a corporate giant moves away from a legendary building, which has been its home for 46 years, to a new home. For most people its just another office move. Perhaps they are perturbed by the longer (or shorter) commute for them. Perhaps they are more concerned with the parking. Some are, no doubt, measuring whether the size of their room (or cubicle) is as big as what they had in the previous place. This writer is not part of this move. But that hasn’t stopped him from waxing nostalgic – my good friend Ravi accused me of being a die hard romantic in his comment in my previous post. I’m still tickled pink by that sobriquet, and hence continuing in that ...

Well, if General Motors can file for bankruptcy, who is safe ? This recession has been brutal to famous names from the past. Lehman Brothers has vanished. GM and Chrysler went into bankruptcy and are emerging with large parts of them brutally chopped. When the dust has cleared, there will indeed be a new world where many of the familiar faces are gone. That’s the way it should indeed be. The fittest should survive, shouldn’t they ? Buts it's still a sad day, when an icon like Reader’s Digest totters. They filed for Chapter 11 bankruptcy protection yesterday. They aren’t going out of business; at least not yet. The Chapter 11 filing is only for the US business; not for their operations in the rest of the world. And they’ll continue to hit the stands – Chapter 11 does not mean you stop operations ; it just means that you get some breathing time and space from the creditors hovering outside and have time to restructure. But for sure, the old Reader’s Digest is gone. What emerges out o...