Saturday, September 20, 2008

Stand alone more harmful than stand jointly

Last week one of the biggest investment bank Lehman Brothers got bankrupt as they couldn’t able to withstand the market trend. They couldn’t able to collect or gather their monetary assets due to which the shares of the company fall drastically to that extends that company has to withdraw its ownership from market .

Impact is so large that the Indian IT companies are again in back foot .Also results in slowdown of the share market which hampers the investors.

Adarsha Bose
International Institute of Information Technology

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