Friday, July 27, 2012
Interesting facts about : Prime Minister of the United Kingdom
The Prime Minister of the United Kingdom of Great Britain and Northern Ireland is the head of Her Majesty's Government in the United Kingdom. England, Scotland and wales three different countries together form the Great Britain. Thus, David Cameron the Prime Minister of UK is ideally serving as the PM of four different countries currently.
Some more facts:
1) David Cameron is the 53rd Prime Minister of UK
2) Tony Blair was the first Prime Minister to have been born during The Queen's reign. He was born in early May, 1953 - a month before the Coronation.
3) Including David Cameron 12 Prime Ministers have been in power during the Queen’s reign.
4) There are four living former Prime Ministers (interestingly all serving the kingdom since 1979 are alive) :
• Margaret Thatcher 1979-90
• John Major 1990-97
• Tony Blair 1997-2007
• Gordon Brown 2007-2010
5) The leader of welsh government is known as First Minister. The head of Scottish government is also known as First Minister.
6) Northern Ireland had a Prime Minster till 1972. And in 1998 under the Good Friday Act the joint heads of the Northern Ireland Execution came to existence as the First Minister and deputy First Minister.
Wednesday, May 12, 2010
BiZ-o-BrandZ
Hi Thanks for your time to have viewed the last weeks quiz. This time I would hope that more of you will actually go on to participate. I know with no prizes associated its difficult to get people participating. I'll soon try to add some prizes for winners. Till then please do participate and let your friends know about this place.
Start Quizzing...
Q1. Name only actor-actress pair who have appeared for both pepsi as well as coke ad together?
Q.9 California based flash memory card product manufacturer. Uses u3 technology for some of its pen-drives.
ans: SanDisk
-----------------------------------------------------------------------------------------------------------------
To get the winner on your mobile SMS 'quizzing winner' to 56070.
-----------------------------------------------------------------------------------------------------------------
Start Quizzing...
Q1. Name only actor-actress pair who have appeared for both pepsi as well as coke ad together?
ans: Aamir Khan and Aishwarya Rai
Q2. Katrina kaif recently became new endorser of lux soap. which soap was she endorsing before this?
Q2. Katrina kaif recently became new endorser of lux soap. which soap was she endorsing before this?
ans: Dyna
Q3. Which sports shoe manufacturer was earlier know as RUDA? If you can tell why?
ans: PUMA. RUDA cos started by Rudolf Dassier
ans: PUMA. RUDA cos started by Rudolf Dassier
Q.4 This Lemon based brand was introduced in 1964 by pepsi and though discontinued in US, was available in indian market as a soda brand in recent years.
ans: Teem
Q.5 This india based auction site was acquired for $50 million by ebay 2004?
ans: bazee.com
ans: bazee.com
Q.6 "100 % Juice , Nothing else" is the tag-line of which brand?
ans: Saint by Parle Agro
ans: Saint by Parle Agro
Q.7 Name the first Indian movie to be insured also the insurer.
ans: Taal insured by GIC
ans: Taal insured by GIC
ans: Muthoot Panachan Group
Q.9 California based flash memory card product manufacturer. Uses u3 technology for some of its pen-drives.
ans: SanDisk
Q.10 Recently Panasonic acquired which company. The same earlier had a joint venture with BPL in india.
ans: Sanyo
-----------------------------------------------------------------------------------------------------------------
To get the winner on your mobile SMS 'quizzing winner' to 56070.
-----------------------------------------------------------------------------------------------------------------
Wednesday, May 5, 2010
BiZ-O-BrandZ quiz
Its been long long time not putting any post here. I was planning to re-invent the whole QZiNG thing and actually did set up a twitter account for QZiNG few days back but thanks to Raveesh Mayya asking about QZiNG I got involved again.
I am starting an interesting quiz series which features questions from the business world related to brands mostly, called BiZ-O-BrandZ QUiZ.
Q.1 This company founded in 1894 in Czech Republic, moved headquarter to Canada after communism issues in czech republic and is currently headquartered in Lausanne, Switzerland. Name this pioneer in its field.
ans: BATA
ans: BATA
Q.2 This brand named after William Thomson, 1st Baron Kelvin (widely known for developing the basis of Absolute Zero) was endorsed by Adam Gilchrist in 2000.
ans: KELVINATOR
Q.3 Which group owns the Planet M retail chain?
ans: Videocon Group through its reatil arm NEXT Retail India Ltd
ans: Videocon Group through its reatil arm NEXT Retail India Ltd
Q.4 Fresh field is a venture between company X & Y ? company X earlier started a venture with Z for the agri-produce biz. Name X, Y & Z.
ans: X = Bharati, Y = Delmonte & Z = Rothschild
Q.5 Mint-o brand is presently owned by ITC. Which company was the previous owner?
ans: Candico
ans: Candico
Q.6 What was MTS mobile service earlier known as in Rajasthan ?
ans: Rainbow
ans: Rainbow
Q.7 Name the Indian franchisee for pizza chain Domino’s. The company got recently listed in stock market via IPO.
ans: Jubilant Food Works Ltd.
Q.8 Starbucks tried to enter india in 2006 with the help of which company?
ans: Planet Retail Holdings.
(Earlier a subsidiary of Kishore Biyani led Future Group)
Q.9 'Coffees and Conversations' tagline is used by which coffee chain?
(answer only if you know. Take up as a challenge without using google)
ans: Mocha
Q.10 'Knowledge First' tagline is used by which financial services company?
ans: Motilal Oswal
-----------------------------------------------------------------------------------------------------------------
Total entries 6. winner is Rohit Agarwal with 8 correct answers.
-----------------------------------------------------------------------------------------------------------------
To get the winner on your mobile SMS 'quizzing winner' to 56070.
QZiNG
Thursday, February 26, 2009
Weekly Quiz
No correct answers received till 2nd march. So i'm putting the answers.
A1. April 1993.
A2. National Exchange for Automated Trading.
A3. NSE.IT Ltd.
A4.finvarsity (www.finvarsity.com)
A5. NCDEX.
A6. National Securities Depository Limited (NSDL).
A7. NSE's Certification in Financial Markets (NCFM).
A8. Dr. R H Patil
A9.Fifty.
A10. NSE and CRISIL.
Happy QZiNG
THE NSE INDIA QUIZ.
1. When was NSE given recognition as a stock exchange?
2. The Capital Market segment of NSE offers a fully automated screen based trading system, knownas NEAT system. what is the full form of NEAT ?
3. Name the 100% technology subsidiary of NSE,which was incorporated in October1999 to provide thrust to NSE’s technology edge, concomitant with its overall goal ofharnessing latest technology for optimum business use.
4. NSE.IT also offers an e-learning portal, dedicated to the finance sector. What is it called ?
5.Name the NSE promoted comodities exchange?
6.To promote dematerialization of securities NSE joined hands with UTI and IDBI to set up thefirst depository in India called the?
7.Taking into account international experience and the needs of the Indian financial markets, National Stock Exchange introduced in 1998 a facility for testing and certification. Name the same ?
8.Who was the first MD of NSE ?
9.The NSE's Nifty is an index composed of how many stocks?
10.S&P CNX Nifty is owned and managed by India Index Services and Products Ltd. (IISL), which is a joint venture between ?
Sunday, February 22, 2009
Sunday Quiz
1.Name the dope tainted cyclist who was stripped of his 2006 tour de France title for using synthetic testosterone to fuel his spectacular comeback win.
Ans : Floyd Landis.
2. Who was the only golfer in PGA history to make a hole-in-one on a Par-4 when he did it in 2001?
Ans : Andrew Magee.
3. Name the first cricketer who bagged 10 wickets in a Test innings.
Ans : Jim Laker.
4. Who was tennis star Monica Seles playing in the 1993 Citizen’s Cup Tournament in Hamburg, Germany, when she was stabbed in the back by a spectator?
Ans : Magdalena Maleeva
5. Who was the first NBA player to score 2,000 points in a season?
Ans : George Yardley
6. How many cows does it take to supply the NFL with enough leather to make one years’ worth of footballs?
Ans : 3000.
7. Name the two American swimmers who registered the first official tie in Olympic history in the 100-meter freestyle at the 1984 Olympics. Both recorded a time of
55.92.
Ans : Nancy Hogshead and Carie Steinseifer
8. Terrell Owens was involved in a controversialcommercial that aired as an opening segment for a Monday Night Football game. The commercial had Owens and which “Desperate Housewives” star in a sexually suggestive situation?
Ans : Nicolette Sheridan
9. This cricketer (in the pic) played for South Africa when Rhodesia was still playing in t
he SA domestic competition. He played in England after South Africa was exiled from International Cricket. He actually qualified to play for England in the '80s, but was not chosen. Who is he?                                                                                                                                   Ans: Mike Procter
10.Name the US athlete who was “about a week” pregnant when she broke the world 200-meter record at the 1984 Olympics?
Ans : Valerie Brisco-Hooks
Ans : Floyd Landis.
2. Who was the only golfer in PGA history to make a hole-in-one on a Par-4 when he did it in 2001?
Ans : Andrew Magee.
3. Name the first cricketer who bagged 10 wickets in a Test innings.
Ans : Jim Laker.
4. Who was tennis star Monica Seles playing in the 1993 Citizen’s Cup Tournament in Hamburg, Germany, when she was stabbed in the back by a spectator?
Ans : Magdalena Maleeva
5. Who was the first NBA player to score 2,000 points in a season?
Ans : George Yardley
6. How many cows does it take to supply the NFL with enough leather to make one years’ worth of footballs?
Ans : 3000.
7. Name the two American swimmers who registered the first official tie in Olympic history in the 100-meter freestyle at the 1984 Olympics. Both recorded a time of
55.92.
Ans : Nancy Hogshead and Carie Steinseifer
8. Terrell Owens was involved in a controversialcommercial that aired as an opening segment for a Monday Night Football game. The commercial had Owens and which “Desperate Housewives” star in a sexually suggestive situation?
Ans : Nicolette Sheridan
9. This cricketer (in the pic) played for South Africa when Rhodesia was still playing in t
10.Name the US athlete who was “about a week” pregnant when she broke the world 200-meter record at the 1984 Olympics?
Ans : Valerie Brisco-Hooks
Sunday, February 1, 2009
Sunday Quiz
1. Name the player who won the mens singles badminton gold at the Beijing Olympics.
Ans: Lin Dan
2. What was the amount offered by Manchester City when they bid for AC Milan's Kaka ?
Ans: £243 million
3. Name the Indian who won the junior titles at Wimbledon and French Open in 1970.
Ans: Ramesh Krishnan
4. Which Indian batswoman is currently ranked no. 3 by ICC?
Ans: Mithali Raj
5. Michael Jordan played a total of 15 NBA seasons. How many times did his regular season scoring average dip below 20 point per game (ppg)?
Ans: Never
6.Name the English cricketer who has scored a century in each innigs of a Duleep Trophy game ?
Ans: Kevin Peterson
7. Who was the first sportswoman to win a Padma Shri Award?
Ans: Arati Saha
8.Name the Manipuri woman-boxer who has won four AIBA World Championships.
Ans: Mary Kom
9. During the closing parade of the olympics in what order to the athletes enter the stadium?
Ans: There is no order at the closing ceremony. The flag bearers and country name board bearers enter first in single file. Then the athletes enter, en masse, without distinction of country.
10.Name Yuki Bhambri's sisters who are well-known tennis players.
Ans: Ankita and Sanaa Bhambri
Ans: Lin Dan
2. What was the amount offered by Manchester City when they bid for AC Milan's Kaka ?
Ans: £243 million
3. Name the Indian who won the junior titles at Wimbledon and French Open in 1970.
Ans: Ramesh Krishnan
4. Which Indian batswoman is currently ranked no. 3 by ICC?
Ans: Mithali Raj
5. Michael Jordan played a total of 15 NBA seasons. How many times did his regular season scoring average dip below 20 point per game (ppg)?
Ans: Never
6.Name the English cricketer who has scored a century in each innigs of a Duleep Trophy game ?
Ans: Kevin Peterson
7. Who was the first sportswoman to win a Padma Shri Award?
Ans: Arati Saha
8.Name the Manipuri woman-boxer who has won four AIBA World Championships.
Ans: Mary Kom
9. During the closing parade of the olympics in what order to the athletes enter the stadium?
Ans: There is no order at the closing ceremony. The flag bearers and country name board bearers enter first in single file. Then the athletes enter, en masse, without distinction of country.
10.Name Yuki Bhambri's sisters who are well-known tennis players.
Ans: Ankita and Sanaa Bhambri
Sunday, December 14, 2008
The 10 Biggest Bankruptcies in History
This has been a year of superlatives. AIG: the biggest government bailout. Lehman: the biggest bankruptcy. Russia: the worst financial crisis since the country defaulted a decade ago (and now home to the world's cheapest stocks). What's more, the Dow Jones industrial average dropped to its lowest close in more than two years.
The Consumerist posted a list of the 10 Biggest Chapter 11 Bankruptcies in U.S. History (culled from a CNBC slideshow and Bankruptcydata.com). Drum roll, please:
10. United Airlines
Assets: $25.2 billion
Date Filed: Dec. 9, 2002
9. Pacific Gas and Electric
Assets: $29.8 billion
Date Filed: April 6, 2001
8. Global Crossing
Assets: $30.2 billion
Date Filed: Jan. 28, 2002
7. Refco
Assets: $33.3 billion
Date Filed: Oct. 17, 2005
6. Financial Corp. of America
Assets: $33.9 billion
Date Filed: Sept. 9, 1988
5. Texaco
Assets: $35.9 billion
Date Filed: April 12, 1987
4. Conseco
Assets: $61.4 billion
Date Filed: Dec. 18, 2002
3. Enron
Assets: $63.4 billion
Date Filed: Dec. 2, 2001
2. Worldcom
Assets: $103.9 billion
Date Filed: July 21, 2002
1. Lehman Bros.
Pre-Bankruptcy Assets: $639 billion
Date Filed: Sept. 15, 2008
The Consumerist posted a list of the 10 Biggest Chapter 11 Bankruptcies in U.S. History (culled from a CNBC slideshow and Bankruptcydata.com). Drum roll, please:
10. United Airlines
Assets: $25.2 billion
Date Filed: Dec. 9, 2002
9. Pacific Gas and Electric
Assets: $29.8 billion
Date Filed: April 6, 2001
8. Global Crossing
Assets: $30.2 billion
Date Filed: Jan. 28, 2002
7. Refco
Assets: $33.3 billion
Date Filed: Oct. 17, 2005
6. Financial Corp. of America
Assets: $33.9 billion
Date Filed: Sept. 9, 1988
5. Texaco
Assets: $35.9 billion
Date Filed: April 12, 1987
4. Conseco
Assets: $61.4 billion
Date Filed: Dec. 18, 2002
3. Enron
Assets: $63.4 billion
Date Filed: Dec. 2, 2001
2. Worldcom
Assets: $103.9 billion
Date Filed: July 21, 2002
1. Lehman Bros.
Pre-Bankruptcy Assets: $639 billion
Date Filed: Sept. 15, 2008
Wednesday, September 17, 2008
India Quiz
- This popular temple, located 105 km east of Shimla, is noted for its unique architecture, which dates back to the Gupta period. An aggregation of number of small temples on the banks of the Jabbar river, the temple was originally in the classical Shikhara style. Can you name it?
- Also known as the Parvati Valley, it is a popular pilgrimage site of Hindus and Sikhs. Located in Himachal Pradesh, its hot springs contains uranium and other radioactive ingredients that heal skin diseases. Can you guess what are we talking about?
- Dedicated to the Goddess Shyamala, this popular temple of Himachal Pradesh is believed to be built in 1845 AD. One of the most revered Hindu pilgrims, it remains jam packed during Navaratras and Puja holidays. Can you guess what are we talking about?
- Built to serve as the educational institution for the eastern region of Spiti, it is one of the most popular monasteries in Himachal Pradesh. Located at an altitude of 3050 m above sea level, it was founded by Rinchen Zangpo, a noted scholar. Can you name it?
- One of the most beautiful destinations in Meghalaya, it is located at a distance of just 64 km from Shillong. Surrounded by river Myntdu, it is known for tourist haunts such as Thadalaskein Lake and Syndai. What are we talking about?
- Located at a distance of only 40 km from Gangtok, this lake is perched at an altitude of 12,210 ft. above sea level. An ideal habitat of Red Panda and various species of birds, it is also home to the Brahmini ducks. Can you name this lake?
- Located on the summit of a rocky hill about 18 km from nowshera town, it is one of the largest forts in rajouri district in jammu and Kashmir. Surrounded by a river on its three sides, it has an uphill ascent on the fourth side. Can you guess what are we talking about?
- Situated in the historic city of Hyderabad, this edifice was conceptualized and constructed by Sir Asman Jah, a noble hailing from the Paigah family. Believed to have been built in 1000 AD, this palace presently contains a museum, displaying archaeological relics. Can you name it?
- This landmark of Hyderabad was built in 1591 AD by Mohammad Quli Qutb Shah, the founder of Hyderabad, in memory of his wife, Bhagmati. A superb example of the Cazia style of architecture, it comprises of a number of arches and domes. Can you name this monument?
- Opened to the public on July 15, 1978 with an inaugural address by M G Ramachandran, the Chief Minister of Tamil Nadu at that time, this museum is dedicated to one of the Chief Ministers of Tamil Nadu. The museum contains a photo gallery and his personal antiques. Can you guess what are we talking about?
- A well-known cultural center, it shows the amazing antiquities depicting the peculiarity of South India. Inaugurated in 1996, this cultural village gives you a glimpse of art and craft, lifestyle, music and dance of Andhra Pradesh, Karnataka, Kerala and Tamil Nadu. Can you name it?
- Known popularly for its Friday market, it is a small town clustered around the Mount Alto. Located at a distance of 13 km from Panaji, it forms the hub of North Goa. Can you guess what are we talking about?
- One among the most visited tourist haunts, these waterfalls are located at a distance of 22 km from Panaji on Verna plateau. The name of these waterfalls has been derived from the Indian word for eagles that used to maintain a colony here. Can you guess what are we talking about?
- Situated at a distance of 12 km from Hanamkonda, it is a popular tourist spot in Andhra Pradesh. Now in ruins, it was once an impregnable fort in the state. Started in 1199 AD, the fort was completed in 1261 AD under the supervision of Rani Rudrama Devi. Can you guess what are we talking about?
- Located at a distance of just 50 km from the city of Kota, it is a beautiful sylvian reserve. Once the hunting grounds of the Rajput royals, it stretches over an area of about 250 km. Can you name this sanctuary?
Friday, September 12, 2008
Accenture > Accent on the future.
Accenture originated as the consulting division of Arthur Anderson. Its origin goes back to 1953, when GE asked Arthur Andersen to undertake a feasibility study about payroll processing and manufacturing automation using computers. In 1989, that division split from Arthur Andersen and began using the name Andersen Consulting. On January 1, 2001, Andersen Consulting adopted its current name, "Accenture". The word "Accenture" is derived from "Accent on the future". Although a marketing consultancy was tasked with finding a new name for the company, the name "Accenture" was chosen by an employee from the Oslo office, as a result of an internal competition. Arthur Anderson was one of the member of Big 5 once upon a time until ENRON happened. The fiasco of ENRON was one of major turnarounds in the business of the accounting firms and this event actually led to the separation of Consulting business from the accounting business. Also Sarbanes Oxley Act of 2002 also came into force because of this financial breakdown. The greater-than sign over the 't' shows that the company is looking to the future. The mark is also an accent mark in music.Tiger Woods is the brand ambassador of the company. The campaign uses the phrase "Go On. Be a Tiger." as its advertisment baseline. Tagline for the company is High Performance. Delivered.
Thursday, September 11, 2008
Etymology of cities and countries
===========================================================================
Here is a nice quiz on etymology of cities and countries..
1. This city is often referred as "The Square Mile"
- LONDON
2. This country's name means "Land of Silver"
- ARGENTINA
3. Pakistan in Urdu means ?
- Land of the Pure
4. This country is called the "Land of the thunder dragon".
- BHUTAN
5. Which Asian nation is known as the "Land of million Elephants"?
- LAOS
===========================================================================
Related trivia.
1. The City of London is a small area in Greater London. The modern conurbation of London was developed from the city of London and the nearby city of westminster, which was the centre of the royal government. The City of London is now Europe's largest "central business district" (CBD) and financial district. It is often referred to as just the City or as the Square Mile, as it is approximately one square mile (2.6 km²) in area.
Here is a nice quiz on etymology of cities and countries..
1. This city is often referred as "The Square Mile"
- LONDON
2. This country's name means "Land of Silver"
- ARGENTINA
3. Pakistan in Urdu means ?
- Land of the Pure
4. This country is called the "Land of the thunder dragon".
- BHUTAN
5. Which Asian nation is known as the "Land of million Elephants"?
- LAOS
===========================================================================
Related trivia.
1. The City of London is a small area in Greater London. The modern conurbation of London was developed from the city of London and the nearby city of westminster, which was the centre of the royal government. The City of London is now Europe's largest "central business district" (CBD) and financial district. It is often referred to as just the City or as the Square Mile, as it is approximately one square mile (2.6 km²) in area.
2. Argentina, meaning "land of silver," is a rich and vast land—second largest (after Brazil) in South America and eighth largest in the world. Its heartland is a broad grassy plain known as the Pampas (pronounced PAHM-pahs).
3. The name "Pakistan" means "Land of the Pure" in Urdu and Persian. It was coined in 1933 by Choudhary Rahmat Ali, who published it in the pamphlet Now or Never as an acroym of the names of the "Muslim homelands" of western India — P for Punjab, A for Afghania (the Afghan (Pashtun) areas in the Northwest Frontier Province), K for Kashmir, S for Sindh and tan for Balochistan. The i was later added to the name since in Urdu, the national language of Pakistan, "istan" refers to "land of" while "pak" means pure. Officially, the nation was founded as the Dominion of Pakistan in 1947, and was renamed as the Islamic Republic of Pakistan in 1957.
4. 'Bhutan' may be derived from the Sanskrit word 'Bhu-Uttan' which means 'High Land'. In another theory of sanskritisation, 'Bhots-ant' means 'end of Tibet' or 'south of Tibet'. However some Bhutanese call their country 'Druk Yul' and its inhabitants 'Drukpa'. The Dzongkha (and Tibetan) name for the country is 'Druk Yul' (Land of the Dragon). Because of the serenity and the virginity of the country and its landscapes, Bhutan today is sometimes referred to as the Last Shangri-La. Historically, Bhutan was known by many names, such as 'Lho Mon' (Southern Land of Darkness), 'Lho Tsendenjong' (Southern Land of the Sandalwood), 'Lhomen Khazhi' (Southern Land of Four Approaches), and 'Lho Men Jong' (Southern Land of Medicinal Herbs).
5. LAOS - In the Lao language, the country's name is "Meuang Lao". The Imperial French, who made the country part of French Indochina in 1893, spelled it with a final silent "s", i.e. "Laos" (The Lao language itself has no final 's' sound, so Lao people do not pronounce the word Laos). The usual adjectival form is "Lao", e.g. "the Lao economy", not the "Laotian" economy--although "Laotian" is used to describe the people of Laos to avoid confusion with the Lao ethnic group.
===========================================================================
Monday, September 8, 2008
History of Goldman Sachs
Goldman Sachs was founded in 1869 by German Jewish immigrant Marcus Goldman. The company made a name for itself pioneering the use of commercial paper for entrepreneurs and was invited to join the New York Stock Exchange in 1896. It was during this time that Goldman's son-in-law Samuel Sachs joined the firm which prompted the name change to Goldman Sachs.
In the early 20th Century, Goldman was a major player in establishing the Initial Public Offering market. It managed one of the largest IPO's to date, that of Sears, Roebuck and Company in 1906.
In 1929, it launched the Goldman Sachs Trading Corp., a closed-end mutual fund with characteristics similar to that of a Ponzi Scheme. The fund failed as a result of the Stock Market Crash of 1929, hurting the firm's reputation for several years afterward.
In 1930, Sidney Weinberg assumed the role of Senior Partner and shifted Goldman's focus away from Trading and towards Investment Banking. On the back of Weinberg, Goldman was lead advisor on the Ford Motor Company's IPO in 1956, which at the time was a major coup on Wall Street.
Gus Levy joined the firm in the 1950s as a well known securities trader, which started a trend at Goldman where there would be two powers generally vie for supremacy, one from investment banking and one from securities trading. Due to Weinberg's heavy influence at the firm, it formed an Investment Banking Division in 1956 in an attempt to spread around influence and not focus it all on Weinberg.
In 1969, Levy took over as Senior Partner from Weinberg, and built Goldman's trading franchise once again. It is Levy who is credited with Goldman's famous philosophy of being "long term greedy," which implies that as long as money is made over the long term, trading losses in the short term are not to be worried about. That same year, Weinberg retired from the firm.
Another financial crisis for the firm occurred in 1970, when the Penn Central Railroad Company went bankrupt with over $80 million in commercial paper outstanding, most of it issued by Goldman Sachs. The bankruptcy was large, and the resulting lawsuits threatened the partnership capital and life of the firm. It was this bankruptcy that resulted in credit ratings being created for every issuer of commercial paper today by several credit rating services.[
John Weinberg (the son of Sidney Weinberg), and John C. Whitehead assumed roles of Co-Senior Partners in 1976, once again emphasizing the co-leadership at the firm. One of their most famous initiatives was the establishment of the 14 Business Principles are still used to this day.
In the 1980s, the firm made a major move by acquiring J. Aron & Company, a commodities trading firm which merged with the Fixed Income division to become known as Fixed Income, Currencies, and Commodities. J. Aron was a major player in the coffee and gold markets, and the current CEO of Goldman, Lloyd Blankfein, joined the firm as a result of this merger.
In 1986, the firm formed Goldman Sachs Asset Management, which manages the majority of its mutual funds and hedge funds today. In the same year, the firm also underwrote the IPO of Microsoft, advised General Electric on its acquisition of RCA and joined the London and Tokyo stock exchanges. 1986 also was the year when Goldman became the first United States bank to rank in the top 10 of Mergers and Acquisitions in the United Kingdom.
One of the largest events in the firm's history was its own IPO in 1999. The decision to go public was a tough one that the partners debated for decades. In the end, Goldman decided to offer only a small portion, 12% of the company to be held by the public. Henry Paulson became Chairman and Chief Executive Officer of the firm. Hull Trading Company, one of the world’s premier market-making firms, was acquired by Goldman in 1999 for $531 million.
In the early 20th Century, Goldman was a major player in establishing the Initial Public Offering market. It managed one of the largest IPO's to date, that of Sears, Roebuck and Company in 1906.
In 1929, it launched the Goldman Sachs Trading Corp., a closed-end mutual fund with characteristics similar to that of a Ponzi Scheme. The fund failed as a result of the Stock Market Crash of 1929, hurting the firm's reputation for several years afterward.
In 1930, Sidney Weinberg assumed the role of Senior Partner and shifted Goldman's focus away from Trading and towards Investment Banking. On the back of Weinberg, Goldman was lead advisor on the Ford Motor Company's IPO in 1956, which at the time was a major coup on Wall Street.
Gus Levy joined the firm in the 1950s as a well known securities trader, which started a trend at Goldman where there would be two powers generally vie for supremacy, one from investment banking and one from securities trading. Due to Weinberg's heavy influence at the firm, it formed an Investment Banking Division in 1956 in an attempt to spread around influence and not focus it all on Weinberg.
In 1969, Levy took over as Senior Partner from Weinberg, and built Goldman's trading franchise once again. It is Levy who is credited with Goldman's famous philosophy of being "long term greedy," which implies that as long as money is made over the long term, trading losses in the short term are not to be worried about. That same year, Weinberg retired from the firm.
Another financial crisis for the firm occurred in 1970, when the Penn Central Railroad Company went bankrupt with over $80 million in commercial paper outstanding, most of it issued by Goldman Sachs. The bankruptcy was large, and the resulting lawsuits threatened the partnership capital and life of the firm. It was this bankruptcy that resulted in credit ratings being created for every issuer of commercial paper today by several credit rating services.[
John Weinberg (the son of Sidney Weinberg), and John C. Whitehead assumed roles of Co-Senior Partners in 1976, once again emphasizing the co-leadership at the firm. One of their most famous initiatives was the establishment of the 14 Business Principles are still used to this day.
In the 1980s, the firm made a major move by acquiring J. Aron & Company, a commodities trading firm which merged with the Fixed Income division to become known as Fixed Income, Currencies, and Commodities. J. Aron was a major player in the coffee and gold markets, and the current CEO of Goldman, Lloyd Blankfein, joined the firm as a result of this merger.
In 1986, the firm formed Goldman Sachs Asset Management, which manages the majority of its mutual funds and hedge funds today. In the same year, the firm also underwrote the IPO of Microsoft, advised General Electric on its acquisition of RCA and joined the London and Tokyo stock exchanges. 1986 also was the year when Goldman became the first United States bank to rank in the top 10 of Mergers and Acquisitions in the United Kingdom.
One of the largest events in the firm's history was its own IPO in 1999. The decision to go public was a tough one that the partners debated for decades. In the end, Goldman decided to offer only a small portion, 12% of the company to be held by the public. Henry Paulson became Chairman and Chief Executive Officer of the firm. Hull Trading Company, one of the world’s premier market-making firms, was acquired by Goldman in 1999 for $531 million.
Wednesday, August 20, 2008
The Blog Quiz
1. what is a vlog ?
>> Video Blog
2.____ is a blog devoted mostly or wholly to covering news events concerning an ongoing war.
>> War Blog
3.The collective community of all blogs is known as the _____?
>> Blogosphere
4.A person who refuses to respond to comments on their blog from people outside their circle of friends is called?
>> Blogsnob
5._____ is a portmanteau of "mobile" and "blog"?
>> Moblog
6.____ is a blog that's ghostwritten by someone?
>> Flog
7.What is splog?
>> Spam Blog
8.A math oriented blog is known as ?
>> Blath
9.____ is a portmanteau of "blog" and "logorrhea", meaning excessive and/or incoherent talkativeness in a weblog.
>>blogorrhea
10. ___ is a blog focusing on commentary about the law, generally written by a law professor, law student, or lawyer.
>> Blawg
>> Video Blog
2.____ is a blog devoted mostly or wholly to covering news events concerning an ongoing war.
>> War Blog
3.The collective community of all blogs is known as the _____?
>> Blogosphere
4.A person who refuses to respond to comments on their blog from people outside their circle of friends is called?
>> Blogsnob
5._____ is a portmanteau of "mobile" and "blog"?
>> Moblog
6.____ is a blog that's ghostwritten by someone?
>> Flog
7.What is splog?
>> Spam Blog
8.A math oriented blog is known as ?
>> Blath
9.____ is a portmanteau of "blog" and "logorrhea", meaning excessive and/or incoherent talkativeness in a weblog.
>>blogorrhea
10. ___ is a blog focusing on commentary about the law, generally written by a law professor, law student, or lawyer.
>> Blawg
Thursday, July 31, 2008
World Cup Quiz #3
1. Who has the highest individual score ever in the final of the World Cup?
ans. Adam Gilchrist
2. When was the neutral umpires first used in WC?
ans. 1987
3. Sunil Gavaskar was critisised for his slow batting in the first match in world cup. what was his score ?
ans. 36*
4. Who is the Eldest player to play at the World Cup?
ans. NE Clarke
5. Australia has record of winning final by narrowest margin. It is?
ans. 7 runs
6. Name the company that has designed and produced the Current World Cup trophy.
ans. Garrard & co
7. Name first country to ever to give walkover in world cup.
ans. Australia
8. Name the Mascot of the 2003 World Cup.
ans. Dazzler
9. 1979 World cup had least no of centuries scored, How many?
ans. 2
10. The East African cricket team a participant at the 1975 world cup was comprised of which three african nations?
ans. Kenya, Tanzania and Uganda
ans. Adam Gilchrist
2. When was the neutral umpires first used in WC?
ans. 1987
3. Sunil Gavaskar was critisised for his slow batting in the first match in world cup. what was his score ?
ans. 36*
4. Who is the Eldest player to play at the World Cup?
ans. NE Clarke
5. Australia has record of winning final by narrowest margin. It is?
ans. 7 runs
Lifestyle - 50% off sale
Discount Pandit - Wednesday, 13 August 2008
Discount Pandit - Wednesday, 13 August 2008
6. Name the company that has designed and produced the Current World Cup trophy.
ans. Garrard & co
7. Name first country to ever to give walkover in world cup.
ans. Australia
8. Name the Mascot of the 2003 World Cup.
ans. Dazzler
9. 1979 World cup had least no of centuries scored, How many?
ans. 2
10. The East African cricket team a participant at the 1975 world cup was comprised of which three african nations?
ans. Kenya, Tanzania and Uganda
Saturday, July 26, 2008
World Cup Quiz #2
1. Zimbabwe won their debut world cup match against which team?
ans. Australia
2. Which team lost maximum no of finals?
ans. England
3. Last time Australia lost in a WC match was against?
ans. Pakistan
4. Name the cricketer who played in 1975 WC at the age of 18 and later went on to play till 1996 to become the only player in history to play in 6 world cups.
ans. Javed Miandad
5. Who was sent back home after positive drug Test in 2003 World Cup?
ans. Shane Warne
6. 1987 Final was held at this city?
ans. Kolkata
7. Who was the player of the tournament in 1992 ?
ans. Martin Crowe
8. Coloured clothing with the player's name was introduced in ?
ans. 1992
9. _____ became the first side batting second to win the World Cup?
ans. Srilanka
10. Name the Cricketer who took highest wickets at the 1983 world cup?
ans. Roger Binny
ans. Australia
2. Which team lost maximum no of finals?
ans. England
3. Last time Australia lost in a WC match was against?
ans. Pakistan
4. Name the cricketer who played in 1975 WC at the age of 18 and later went on to play till 1996 to become the only player in history to play in 6 world cups.
ans. Javed Miandad
5. Who was sent back home after positive drug Test in 2003 World Cup?
ans. Shane Warne
6. 1987 Final was held at this city?
ans. Kolkata
7. Who was the player of the tournament in 1992 ?
ans. Martin Crowe
8. Coloured clothing with the player's name was introduced in ?
ans. 1992
9. _____ became the first side batting second to win the World Cup?
ans. Srilanka
10. Name the Cricketer who took highest wickets at the 1983 world cup?
ans. Roger Binny
Tuesday, July 22, 2008
World Cup Quiz #1
1. Which country has won the world cup maximum times?
ans. Australia
2. Who has scored highest runs in world cups?
ans. Sachin Tendulkar
3. Who was man of the match in 2003 world cup final?
ans. Ricky Ponting
4. Who scored the first century in World Cup?
ans. Denis Amiss
5. Which country holds the record of lowest score in WCs?
ans. Zimbabwe
6. The no of overs per innings in the first three world cup was?
ans. 60 overs
7. Which company was the official sponsors of the 1992 world cup ?
ans. Benson & Hedges
8. Who was the first captain to win man of the match in world cup final ?
ans. Clive Lyod
9. Where was the 2003 final played?
ans. Johannesburg
10. Who was the first Indian to score a world cup century?
ans. Kapil Dev
ans. Australia
2. Who has scored highest runs in world cups?
ans. Sachin Tendulkar
3. Who was man of the match in 2003 world cup final?
ans. Ricky Ponting
4. Who scored the first century in World Cup?
ans. Denis Amiss
5. Which country holds the record of lowest score in WCs?
ans. Zimbabwe
6. The no of overs per innings in the first three world cup was?
ans. 60 overs
7. Which company was the official sponsors of the 1992 world cup ?
ans. Benson & Hedges
8. Who was the first captain to win man of the match in world cup final ?
ans. Clive Lyod
9. Where was the 2003 final played?
ans. Johannesburg
10. Who was the first Indian to score a world cup century?
ans. Kapil Dev
Sunday, June 8, 2008
Business Quiz #5
Q1. Complete the following verse from the ninth chapter of the Bhagavad Gita, which is significant in the context of insurance.
Ananyashchintayanto mam ye janah paryupasat;
Tesham nityabhiyuktanaam ___________ _________.
Ans. Yogakshemam Vahamyaham ,This is the motto of LIC.
Q2. This is Italy’s largest insurance company. It was founded in 1831 as Imperial Regia Privilegiata Compagnia di Assicurazioni _____ Austro-Italiche. The blank gives the name by which it is currently known. Which company?
Ans. Generali
Q3. Even though this company’s name is written in capital letters, it is not an acronym as it is widely believed. The name was chosen because it can be easily pronounced by speakers of all languages. Which French global insurance companies group is this?
Ans. AXA
Q4. This car was named after a breed of bulls that were often called ‘the bulls of death’, because they were responsible for the death of many Spanish matadors. The bulls were named after a famous breeder whose surname has been blocked out in this 1971 bullfighting poster. Which car?
Ans. Miura
Q5. This automobile is named after a famous bull of the breed mentioned in question 4. This bull is best known because it gored and killed Manuel Laureano RodrÃguez Sánchez ‘Manolete’, who is widely regarded as one of the greatest bullfighters ever. This widely mourned killing happened in 1947 in Linares, Spain. Identify the automobile/bull.
Ans. Islero
Q6. The name of which automobile comes from the Spanish word for ‘sword’?
Ans. Espada
Q7. This brand was first manufactured by a chemist at the Gujarat Government’s Department of Mining and Geology in 1969, and named after his daughter Nirupama. Which brand?
Ans. Nirma
Q8. This company, founded in 1931 and named after the founder’s son, commenced operations by manufacturing dhoties, sarees, dorias, crepes, shirtings, coatings etc. It is now the licensee of many international brands in India. Which company?
Ans. Arvind mills
Q9. This was first manufactured in 1959, and named after the daughter of the co-founder of Mattel. What?
Ans. Barbie
click here to get a pdf copy of this quiz.
Ananyashchintayanto mam ye janah paryupasat;
Tesham nityabhiyuktanaam ___________ _________.
Ans. Yogakshemam Vahamyaham ,This is the motto of LIC.
Q2. This is Italy’s largest insurance company. It was founded in 1831 as Imperial Regia Privilegiata Compagnia di Assicurazioni _____ Austro-Italiche. The blank gives the name by which it is currently known. Which company?
Ans. Generali
Q3. Even though this company’s name is written in capital letters, it is not an acronym as it is widely believed. The name was chosen because it can be easily pronounced by speakers of all languages. Which French global insurance companies group is this?
Ans. AXA
Q4. This car was named after a breed of bulls that were often called ‘the bulls of death’, because they were responsible for the death of many Spanish matadors. The bulls were named after a famous breeder whose surname has been blocked out in this 1971 bullfighting poster. Which car?
Ans. Miura
Q5. This automobile is named after a famous bull of the breed mentioned in question 4. This bull is best known because it gored and killed Manuel Laureano RodrÃguez Sánchez ‘Manolete’, who is widely regarded as one of the greatest bullfighters ever. This widely mourned killing happened in 1947 in Linares, Spain. Identify the automobile/bull.
Ans. Islero
Q6. The name of which automobile comes from the Spanish word for ‘sword’?
Ans. Espada
Q7. This brand was first manufactured by a chemist at the Gujarat Government’s Department of Mining and Geology in 1969, and named after his daughter Nirupama. Which brand?
Ans. Nirma
Q8. This company, founded in 1931 and named after the founder’s son, commenced operations by manufacturing dhoties, sarees, dorias, crepes, shirtings, coatings etc. It is now the licensee of many international brands in India. Which company?
Ans. Arvind mills
Q9. This was first manufactured in 1959, and named after the daughter of the co-founder of Mattel. What?
Ans. Barbie
click here to get a pdf copy of this quiz.
Thursday, June 5, 2008
Some Interesting facts about Vijay Mallya
Some Interesting things about Vijay Mallya that you may love to know :
* He did his schooling at La Martiniere Boys', Calcutta in Kolkata and completed his degree from St. Xavier's College, Calcutta under Calcutta University.
* He started working while in college for Rs.400 a month in his fathers' company.
* His father Vittal Mallya died in 1983 and Vijay Mallya became the chairman of UB Group at an age of 28 . Due to his playboy image the media said:" a playboy has taken over ub"
* He married air-hostess sameera in 1986 whom he met on-board but they were divorced later in 1992.Sameera is the mother of his son Sidhartha (born 1987).
* He later married Rekha, a coorgi girl. Mallya has two daughters leana and tanya out of this marriage.
* He owns the company, United Racing and Bloodstock Breeders (URBB) which has interests in horse racing.
* Mallya has a home in 6, Bulkeley Avenue, Sausalito, California, 94965, USA.
* He has a private yacth, Indian Empress.
Read more about him @ wikipedia Rediff.com
Monday, June 2, 2008
Nooyi Trumps Buffett in pays
Ms Indra Nooyi,the Indian origin CEO of Pepsico,earn over 81 times more than the world richestman,Mr Warran Buffett,in term of the annual pay packet,according to data complied by search firm equilar for the New York Times.
Ms nooyi received an annual compensation to the tune of $14.74 million in 2007 as compared to $0.18 million draws by Mr Buffett who heads berkshire hathway,which is into life insuranceand annuity sales,amongs others.
Ms nooyi received an annual compensation to the tune of $14.74 million in 2007 as compared to $0.18 million draws by Mr Buffett who heads berkshire hathway,which is into life insuranceand annuity sales,amongs others.
Friday, May 30, 2008
Quiz on Rail, Brands & Ice-creams..
Q1 : Translate into French and abbreviate to get the popular name of a train: ‘train of great speed’
Ans : TGV
Q2 : This is an Italian family of tilting trains that were manufactured by Fiat Ferroviaria. The tilt was introduced to enable to trains to round curves at high speeds. The name of these trains comes from a commonplace object that is associated with repeated tilting motion. What are these trains called?
Ans : Pendolino
Q3 : The Madras and South Mahratta railway was one of the constituents of the present day Southern Railways. The logo of this railway company depicted a famous monument that is located at a place that was central to the railway’s operations. This monument also has the largest dome in India. Which monument?
Ans : Gol Gumbaz, Bijapur
Q4 : This is a piece of playground equipment for children that was invented in 1920 and was sold under a brand name that has currently become a generic term. Its initial patent refers to the ‘monkey instinct’ of children, and claims the benefits of climbing as exercise and play. Which brand name/which term?
Ans : Jungle Gym
Q5 : This is a proper noun that is the name of a dominant internet company. However, in course of time, it came to be used as a verb that referred to the act of using this company’s primary product. The verb form was chosen ‘the most useful word of 2002’ by the American dialect society. Which word/which company?
Ans : Google
Q6 : The name of this toy company comes from the Danish word for ‘play well’. The name of the company is now a generic term in English that refers to toys similar to the company’s most popular product. Which company?
Ans : Lego
Q7 : On July 23 1904, during the St. Louis World’s fair, Charles Menches was selling ice cream and ran out of dishes. He therefore is said to have sought the help of the owner of the stall next to his, who was selling a middle eastern delicacy called Zalabia. The result was the first use of something that is now very commonplace. What?
Ans : Ice cream cone
Q8 : It is believed that this ice-cream variety was created in response to the ‘blue laws’ that decreed that ice cream soda could not be sold on Sundays. This reason is also said to be the reason for its nomenclature. Which variety?
Ans : Sundae
Q9 : Ice cream makers who wanted to sell frozen ice cream cones faced the problem of the ice cream making the cone go soggy. The Italian manufacturer Spica invented a process whereby the inside of the cone was insulated from the ice cream by a layer of oil, sugar and chocolate. What name was used by Spica to register this product?
Ans : Cornetto
Click here to get a pdf copy of this quiz.
Ans : TGV
Q2 : This is an Italian family of tilting trains that were manufactured by Fiat Ferroviaria. The tilt was introduced to enable to trains to round curves at high speeds. The name of these trains comes from a commonplace object that is associated with repeated tilting motion. What are these trains called?
Ans : Pendolino
Q3 : The Madras and South Mahratta railway was one of the constituents of the present day Southern Railways. The logo of this railway company depicted a famous monument that is located at a place that was central to the railway’s operations. This monument also has the largest dome in India. Which monument?
Ans : Gol Gumbaz, Bijapur
Q4 : This is a piece of playground equipment for children that was invented in 1920 and was sold under a brand name that has currently become a generic term. Its initial patent refers to the ‘monkey instinct’ of children, and claims the benefits of climbing as exercise and play. Which brand name/which term?
Ans : Jungle Gym
Q5 : This is a proper noun that is the name of a dominant internet company. However, in course of time, it came to be used as a verb that referred to the act of using this company’s primary product. The verb form was chosen ‘the most useful word of 2002’ by the American dialect society. Which word/which company?
Ans : Google
Q6 : The name of this toy company comes from the Danish word for ‘play well’. The name of the company is now a generic term in English that refers to toys similar to the company’s most popular product. Which company?
Ans : Lego
Q7 : On July 23 1904, during the St. Louis World’s fair, Charles Menches was selling ice cream and ran out of dishes. He therefore is said to have sought the help of the owner of the stall next to his, who was selling a middle eastern delicacy called Zalabia. The result was the first use of something that is now very commonplace. What?
Ans : Ice cream cone
Q8 : It is believed that this ice-cream variety was created in response to the ‘blue laws’ that decreed that ice cream soda could not be sold on Sundays. This reason is also said to be the reason for its nomenclature. Which variety?
Ans : Sundae
Q9 : Ice cream makers who wanted to sell frozen ice cream cones faced the problem of the ice cream making the cone go soggy. The Italian manufacturer Spica invented a process whereby the inside of the cone was insulated from the ice cream by a layer of oil, sugar and chocolate. What name was used by Spica to register this product?
Ans : Cornetto
Click here to get a pdf copy of this quiz.
Monday, May 26, 2008
$$ Nicknames of the US Dollar $$
The colloquialism buck (much like the English "quid") is often used to refer to dollars of various nations, including the U.S. dollar. This term, dating to the 18th century, may have originated with the colonial fur trade. Greenback is another nickname originally applied specifically to the 19th century Demand Note dollars created by Abraham Lincoln to finance the costs of the Civil War for the North. The original note was printed in black and green on the back side. It is still used to refer to the U.S. dollar (but not to the dollars of other countries).
Grand, sometimes shortened to simply G, is a common term for the amount of $1,000. The suffix K (from "kilo-") is also commonly used to denote this amount (such as "$10K" being pronounced "Ten kay" to mean $10,000). Banknotes' nicknames are usually the same as their values (such as five, twenty, etc.) The $5 bill has been referred to as a "fin" or a "fiver" or a "five-spot;" the $10 bill as a "sawbuck," a "ten-spot," or a "Hamilton"; the $20 bill as a "double sawbuck," a "twomp," a "twenty-banger," or a "Jackson;" the $1 bill is sometimes called a "single," the $2 bill a "deuce" or a "Tom," and the $100 bill is nicknamed the hunsky, a "Benjamin," "Benjie," or "Frank" (after Benjamin Franklin, who is honored on the note), or a C-note (C being the Roman numeral for 100) or a Century Note. Occasionally these will be referred to as "dead presidents," although neither Hamilton ($10) nor Franklin ($100) was President. $100 notes are occasionally referred to as 'large' in banking ("twenty large" being $2,000, etc.). The newer designs are sometimes referred to as "Bigface" bills.
Source - wikipedia
Subscribe to:
Posts (Atom)
