Tuesday, December 9, 2008

Who do u think is responsible for recent Mumbai Attacks?

Who do u think is responsible for recent 26/11 mumbai blasts?

Terrorists from Pakistan were responsible for the Mumbai Attacks

Monday, October 13, 2008

Karthik Rajaram's Father in law mourns the loss of wife, daughter, family

CHENNAI: Seventy-six-year-old Ramaseshan refuses to meet anyone. The retired general manager from UCO Bank and father-in-law of Karthik Rajaram the US-based techie who killed his wife, mother-in-law and three children in Los Angeles, is in a state of shock at his home here in the city, say his friends.

"Ramaseshan is in a severe state of mental shock and refuses to meet anyone," said his friend who did not want to be named. Ramaeshan heard of the tragedy when a family friend called him and broke the news. The friend said Ramaeshan's wife, Indira was living with Karthik's family and to take care of the children.

When asked if Ramaseshan would attend the funeral to take place in Los Angeles in a few days, the friend said it was not possible. "Ramaseshan's sisters are helping him cope with the trauma. Arrangements are being made in the US for the last rites," he said.

Karthik's father too had worked for UCO Bank. The two families were close and Karthik had fallen in love with Ramaseshan's daughter Subashri and the two had got married. Karthik was scheduled to visit the IIT campus in 2010 for the silver jubilee re-union of IIT alumni who graduated in 1985.

Los Angeles police found two suicide notes at Karthik's residence - one for the police and one for extended family and friends - and a will. Karthik spoke of his financial difficulties and took responsibility for killing his family, police said. He had an MBA in finance from University of California Los Angeles (UCLA), and had worked for PriceWaterhouseCoopers and Sony Pictures. But he had been unemployed for several months.

Another relative of Ramaseshan said that the family did not expect Rajaram to resort to this kind of mayhem and termed him a self-obsessed man who loved wealth. Rajaram's brother who is liaising with the police on the issue back in the US is also said to be making arrangements for the funeral. The family in Chennai was not forthcoming on any further details on the issue.

Source: Times of India

Days Stock Market Closed

2008 Stock Market Holidays

New Year's Day January 1

Martin Luther King, Jr. Day January 21

Washington's Birthday/Presidents' Day February 18

Good Friday March 21

Memorial Day May 26

Independence Day July 4

Labor Day September 1

Thanksgiving Day November 27

Christmas December 25



2009 Stock Market Holidays


New Year's Day January 1

Martin Luther King, Jr. Day January 19

Washington's Birthday/Presidents' Day February 16

Good Friday April 10

Memorial Day May 25

Independence Day July 3 (Observed)

Labor Day September 7

Thanksgiving Day November 26

Christmas December 25

SEC Holidays Schedule 2008

SEC Holidays Schedule 2008

Tuesday, January 01
New Year's Day

Monday, January 21
Martin Luther King, Jr. Day

Monday, February 18
Presidents' Day

Monday, May 26
Memorial Day

Friday, July 04
Independence Day

Monday, September 01
Labor Day

Monday, October 13
Columbus Day

Tuesday, November 11
Veteran's Day

Thursday, November 27
Thanksgiving Day

Thursday, December 25
Christmas Day

Federal Reserve Holiday Schedule 2009

Federal Reserve Holiday Schedule 2009

New Year's Day
Jan 1 2009

Birthday of Martin Luther King, Jr
Jan 19 2009

Washington's Birthday
Feb 16 2009

Memorial Day
May 25 2009

Independence Day
Jul 4 2009

Labor Day
Sep 7 2009

Columbus Day
Oct 12 2009

Veterans Day
Nov 11 2009

Thanksgiving Day
Nov 26 2009

Christmas Day
Dec 25 2009

Federal Reserve Holiday Schedule 2008

Federal Reserve Holiday Schedule 2008

New Year's Day
Jan 1 2008

Birthday of Martin Luther King, Jr
Jan 21 2008


Washington's Birthday
Feb 18 2008

Memorial Day
May 26 2008

Independence Day
Jul 4 2008

Labor Day
Sep 1 2008

Columbus Day
Oct 13 2008

Veterans Day
Nov 11 2008

Thanksgiving Day
Nov 27 2008

Christmas Day
Dec 25 2008

Karthik Rajaram and his Family

Karthik Rajaram and five family members were found from gunshot wounds in their Porter Ranch home in the San Fernando Valley Monday morning in an apparent .
The bodies were found by police officers who went to the home after Rajaram’s wife failed to show up at a neighbor’s house to go to work.
Rajaram, 45, who once worked for PricewaterhouseCoopers and Sony Pictures, had been unemployed for months and had become despondent over financial problems. Suicide notes found at the home indicate Rajaram felt himself and his family was the honorable thing to do, according to LAPD Deputy Chief Michel Moore.
Among the are Rajaram’s 69-year-old mother-in-law, Indra Ramasesham, his 19-year-old son, Krishna Rajaram, two other sons, ages 12 and 7 and his 39-year-old wife.

Rajaram's body was found by officers who followed a trail of carnage through the home in a gated community in the Porter Ranch area of the San Fernando Valley.

"Absolute devastation," Deputy Chief Michel Moore told reporters outside the home.
Investigators quickly found two letters and a will, and determined that the man once worked for a major accounting firm and was at least the part-owner of a financial holding company.
"The source of it appears to be a financial state, a crisis if you will, that this man became embroiled in that has unfolded over the past weeks," Moore said.
The man wrote in his letter that he felt he had two options — to just or to and his family — and decided the second option was more honorable, Moore said.
The bodies were found when officers were sent to make a check on the home Monday morning after the wife failed to show up at a neighbor's home to go to work as a pharmacy bookkeeper, Moore said.
Officers found the mother-in-law, Indra Ramasesham, 69, in bed on the first floor. Upstairs, they found a 19-year-old son, Krishna Rajaram, in bed in the master bedroom.
The gunman's 39-year-old wife, Subasri, was found in another room, also apparently shot while sleeping, Moore said.
In an adjoining room, a 12-year-old son, Ganesha, was on the floor, and his 7-year-old brother, Arjuna, was in bed. Their father's body also was found there with a handgun "in his grasp," Moore said. The gun was purchased Sept. 16.
Coroner's assistant chief Ed Winter said the victims were shot multiple times.
The s occurred some time between midnight Saturday and early Monday morning, Winter said.
The father had a business degree and formerly worked for PricewaterhouseCoopers and Sony Pictures, but had been unemployed for several months, Moore said. The deputy chief did not identify the financial holding company, though Nevada records show an incorporation there.
Moore did not specify what financial trouble the man had been in. He noted that the family did not own the home.
The man had no record of mental disabilities or contacts with mental health professionals in Los Angeles County, Moore said.
PricewaterhouseCoopers spokesman Steven Silber said Karthik Rajaram last worked for the company in 1999, but declined to offer any further information about him.
Sony Pictures Entertainment spokesman Steve Elzer did not immediately return a call seeking comment.
Karthik Rajaram is listed as a co-manager of a corporation called SKGL LLC, which is incorporated in Nevada, according to state records. He formed the corporation for his family's assets and used his family members' initials to form the name, said Las Vegas attorney Christopher R. Grobl.
SKGL was incorporated in 1999 and renewed its annual business license in December 2007. Grobl did not know what sort of business SKGL was or why Rajaram incorporated in Nevada.
Krishna Rajaram was enrolled at the University of California, Los Angeles, as a junior majoring in business economics, spokesman Phil Hampton said.

Source:
ChicagoTribune

Federal Holiday Schedule 2009

Federal Holiday Schedule 2009


Thursday, January 1 2009
New Year’s Day

Monday, January 19 2009
Birthday of Martin Luther King, Jr.

Monday, February 16 2009
Washington’s Birthday

Monday, May 25 2009
Memorial Day

Friday, July 3 2009
Independence Day

Monday, September 7 2009
Labor Day

Monday, October 12 2009
Columbus Day

Wednesday, November 11 2009
Veterans Day

Thursday, November 26 2009
Thanksgiving Day

Friday, December 25 2009
Christmas Day

Federal Holiday Schedule 2008

2008 Federal Holidays


Tuesday, January 1 2008
New Year’s Day

Monday, January 21 2008
Birthday of Martin Luther King, Jr.

Monday, February 18 2008
Washington’s Birthday

Monday, May 26 2008
Memorial Day

Friday, July 4 2008
Independence Day

Monday, September 1 2008
Labor Day

Monday, October 13 2008
Columbus Day

Tuesday, November 11 2008
Veterans Day

Thursday, November 27 2008
Thanksgiving Day

Thursday, December 25 2008
Christmas Day

Friday, October 10, 2008

Karthik Rajaram Family Picture


Family picture of Karthik Rajaram, victim of US Economic Crisis










Karthik Rajaram




wife Subasri Rajaram



son Krishna Rajaram

Karthik Rajaram's Picture


Here is a Photo of Karthik Rajaram, the man who shot his wife and kids and mother-in-law before shooting himself, yielding to the pressure of US Economic Meltdown

Karthik Rajaram and Family: Victim of US Economic Crisis

Karthik Rajaram, a 45-year-old man, was discovered on Monday to have shot six family members in a murder-suicide.

The Los Angeles man's body was found holding a gun Monday inside the family's home. Rajaram had killed his wife, three sons and mother-in-law. Most of the victims were in their beds.

Police were called to the residence Monday by worried friends. When the police arrived, they discovered the six fatally shot in a murder-suicide committed by an unemployed man in financial crisis.

Rajaram's body was found by officers who followed a trail of carnage through the home in a gated community in the Porter Ranch area of the San Fernando Valley.

"This is a perfect American family behind me that has absolutely been destroyed, apparently because of a man who just got stuck in a rabbit hole, if you will, of absolute despair, somehow working his way into believing this to be an acceptable exit," said LAPD Deputy Chief Michel Moore. "It is critical to step up and recognize we are in some pretty troubled times."

In a letter addressed to police, Rajaram blamed his actions on economic hardships. A second letter, labeled "personal and confidential," was addressed to family friends; the third contained a last will and testament, Moore said.


The letter to police voiced two options: taking his own life, or killing himself and his entire family. "He talked himself into the second strategy," Moore said. "That that would be the honorable thing to do."

Authorities believe Rajaram killed his family and himself after seeing his finances wiped out by the stock market collapse, according to a source familiar with the case, who spoke on condition of anonymity because the investigation is ongoing.

Concern about the family's welfare began Monday morning when Rajaram's wife, 39-year-old Subasri, did not show up for her carpool. Friends went to the house in the 20600 block of Como Lane, only to find it strangely quiet. The morning newspaper lay in the frontyard. The family's two cars, a Suburban and a Lexus SUV, were parked in the driveway.

When police entered the home in the gated, Spanish-style community, they first found the gunman's mother-in-law, Indra Ramasesham, 69, dead in a downstairs bedroom. His wife and three sons -- Krishna, 19, a sophomore at UCLA majoring in business economics; Ganesha, 12; and Arjuna, 7, all named after Indian gods and warriors -- were discovered in various upstairs bedrooms, all shot in the head, some with multiple gunshot wounds.

Their father was found dead in a bedroom with Ganesha and Arjuna, the gun still in his hand, police said.

The Rajarams had lived in the upscale Sorrento neighborhood of Porter Ranch for a couple years in a 2,800-square-foot rented house. The landlords, another Indian couple, said that the family paid their rent on time and that there were no indications of trouble.

Neighbors in the Northridge neighborhood where the family previously lived said they were well-liked and enjoyed entertaining guests. Except for one night when residents heard a man screaming for hours, the family seemed content for the nine years they lived there.

"He loved those kids more than any man I've seen love his sons," said next-door neighbor Sue Karns.

But Karthik Rajaram, who held an MBA from UCLA, was a hard-driving businessman. He was involved in several financial ventures. Between his home sale and another lucrative investment, he should have had a pile of cash.

A 2001 article in The Daily Telegraph of London, under the headline "Bust, but big bucks for the big boys," called Rajaram a "winner" in a deal for NanoUniverse, a Los Angeles- and London-based venture fund taken public on the London Stock Exchange.

For a 12,500-pound investment, Rajaram, one of the company's founders, received 875,000 pounds -- or about $1.2 million in 2001 dollars -- after a voluntary liquidation, the newspaper reported.

He also sold his house in 2006, a calculated decision even though his wife, a bookkeeper at a pharmacy, did not want to move, their former neighbors said.

He sold the house for $750,000, making a sizable profit on a home the couple purchased in 1997 for $274,000.

"The market was going down and he wanted to get out before the bottom dropped out," Karns said. "I talked to him last December and he said, 'I feel I did a good thing by selling when I did.' "

It is unclear how Rajaram invested the cash since then and how he lost it.

In 2003 and 2004, he worked for Greg Robinson, an entrepreneur and founder of several companies, at Azur Partners LLC, a management consulting agency.

Robinson said he was forced to fire Rajaram because "his life wasn't moving in the right direction."

"He had some behavioral problems," Robinson said. "He wasn't reliable. . . . He was not an emotionally stable person. It was a real problem and would affect any business he was involved in."

The two had also worked together in the Century City office of PriceWaterhouseCoopers and Robinson recalled Rajaram as being "a very smart guy," who he believed posted a perfect score on his business school entrance exam.

Although Karns and her husband said they liked Karthik Rajaram and were stunned by the news, they said he was "very high-strung, very intense."


"The man was never relaxed," Sue Karns said.

In the Porter Ranch neighborhood, next-door neighbor Kinda Almukaddem said she had rarely spoken to the family since they moved in a couple of years ago. But in the last two weeks, Karthik Rajaram visited her twice asking whether she would be home this past weekend. He urged her to keep her side windows shut because he had heard of burglaries in the area.

Rajaram seemed nervous -- shaking, pacing and taking notes on a notepad as he spoke to her, she said.

"He noticed my side windows were open, the side that my house shares with him," she said. "Now, come to think of it, I think he was trying to have me close my windows on that side so I wouldn't hear anything."

Police said nobody reported hearing gunshots or anything out of the ordinary.

But on Monday, the neighborhood was far from normal, with police leading convoys of media into the gated community. Children at nearby Alfred B. Nobel Middle School, where 12-year-old Ganesha Rajaram was a seventh-grade honors student, were sent home with notes informing their parents of the news.

"This one will shake people to the core," Principal Robert Coburn said. "When you think about it, all kids have a mom and dad. And if a father can do this to his kids, it's very scary."

Father mourns the loss of wife, daughter, family
Seventy-six-year-old Ramaseshan refuses to meet anyone. The retired general manager from UCO Bank and father-in-law of Karthik Rajaram, the USA-based techie who killed his wife, mother-in-law and three children in Los Angeles, is in a state of shock at his home here in the city, say his friends.

Karthik's father too had worked for UCO Bank. The two families were close and Karthik had fallen in love with Ramaseshan's daughter Subashri and the two had got married. Karthik was scheduled to visit the IIT campus in 2010 for the silver jubilee re-union of IIT alumni who graduated in 1985.

"Ramaseshan is in a severe state of mental shock and refuses to meet anyone," said his friend who did not want to be named. Ramaeshan heard of the tragedy when a family friend called him and broke the news. The friend said Ramaeshan's wife, Indira was living with Karthik's family and to take care of the children.

When asked if Ramaseshan would attend the funeral to take place in Los Angeles in a few days, the friend said it was not possible. "Ramaseshan's sisters are helping him cope with the trauma. Arrangements are being made in the US for the last rites," he said.

Wednesday, July 23, 2008

Stocks under two dollars

Stocks under two dollars (< $2)

List of Stocks under 2 dollars traded on NYSE. The trade price is as on 23, July 2008.

For today's stock price click on the link 

Name

 Symbol

Stock Price

23-July-2008

Alesco Financial Inc.

AFN

$ 1.31

APT Satellite Holdings Limited

ATS

$ 1.19

BankAtlantic Bancorp Inc.

BBX

$ 1.89

BearingPoint, Inc.

BE

$ 0.73

BlackRock High Income Shares

HIS

$ 1.91

Boise Inc.

BZWS

$ 0.24

Centerline Holding Company

CHC

$ 1.63

Chesapeake Corporation

CSK

$ 2.01

Chiquita Brands International Inc.

CQBWS

$ 1.63

Citadel Broadcasting Corporation

CDL

$ 1.04

Coachmen Industries, Inc.

COA

$ 1.94

Deerfield Capital Corp.

DFR

$ 0.69

ExpressJet Holdings, Inc.

XJT

$ 0.39

Gottschalks Inc.

GOT

$ 1.76

Hartmarx Corporation

HMX

$ 1.71

Huttig Building Products, Inc.

HBP

$ 1.84

Idearc Inc.

IAR

$ 1.93

IDT Corporation

IDTC

$ 1.58

IDT Corporation

IDT

$ 1.80

Impac Mortgage Holdings, Inc.

IMH

$ 0.90

MoneyGram International, Inc.

MGI

$ 1.33

Navios Maritime Acquisition Corporation

NNAWS

$ 0.98

The New America High Income Fund, Inc.

HYB

$ 1.49

NIS GROUP CO., LTD.

NIS

$ 0.75

PFF Bancorp, Inc.

PFB

$ 1.15

Quantum Corporation

QTM

$ 1.30

Radian Group, Inc.

RDN

$ 1.90

Revlon Inc.

REV

$ 0.81

Rite Aid Corporation

RAD

$ 1.42

Safeguard Scientifics Inc.

SFE

$ 1.22

Security Capital Assurance LTD

SCA

$ 0.63

Six Flags, Inc.

SIX

$ 0.95

Thornburg Mortgage, Inc.

TMA

$ 0.33

Tronox Incorporated

TRX

$ 1.72

Tronox Incorporated

TRXB

$ 1.47

U.S. Shipping Partners L.P.

USS

$ 1.94

Vonage Holdings Corp.

VG

$ 1.60

W Holding Company, Inc.

WHI

$ 0.66

W.P. Stewart & Co., Ltd.

WPL

$ 1.58

WCI Communities, Inc.

WCI

$ 1.39

Westwood One Inc.

WON

$ 1.25

Woodbridge Holdings Corporation

WDG

$ 1.09

Zarlink Semiconductor, Inc.

ZL

$ 0.84