Word: pandits
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Dates: during 2000-2009
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...plot should remind you of Kung Fu Panda, last year's excellent DreamWorks cartoon about the clumsy bear, employed in his father's noodle shop, who becomes a martial-arts expert and saves his village from a villainous tiger. Chandni Chowk is more a Kung Fu Pandit, with the oaf-hero Sidhu (Akshay Kumar), chopping away in the shop of his Dada (Mithun Chakraborty). Some visiting Chinese folks ID him as the incarnation of their nation's greatest warrior, Liu Sheng, and think Sidhu is just the fellow to rid their village of the oppressive Hojo (Gordon Liu). Accompanied...
...Wall Street Journal reports that the Citi board has given CEO Vikram Pandit a vote of confidence. Even if the firm loses tens of billions of dollars this year, Pandit is getting that public support just the way his predecessor Chuck Prince did, right up until...
...three simultaneous hostage dramas began to unfold, onlookers gathered. "It's like watching 24 in slow motion," said Vineet Pandit, 22, who lives near the Oberoi. What they would see at each of these sites was a parade of hundreds of uniformed troops over the course of several hours: the Mumbai police, the Indian army and paramilitary groups including the Rapid Action Force and the National Security Guard's ?lite "Black Cat" commandos, distinctive in their all-black uniforms. It was not always clear who was in charge. On Thursday at the Taj, police officers waited idly in their jeeps...
...avoid the fate of Lehman or Bear, the firm's board may feel like it needs to do something to boost it's stock price. One option would be to boot chief executive Vikram Pandit. Some on Wall Street believe Pandit has not been quick enough to react to the problems of the firm and could still be in denial. On Friday, Pandit told top executives that he doesn't believe Citi needs to sell off parts of its business to raise capital. Investors don't seem to agree. The stock fell on the news...
...could replace Pandit? Robert Rubin, the former Treasury Secretary and head of Goldman Sachs, could be one choice. He is currently a director and senior council at the firm. But Rubin has been at Citigroup for a number of years, and it's not clear he has been helpful so far in stopping the losses. What's more, with a Democrat headed back to the White House his eye may be on Pennsylvania Ave. and not Park Ave., where Citi's executive offices are located...