At the mandi

Posted: February 7, 2009 in Uncategorized

It must rank among the most shameful displays of money power at at time when lakhs of Indians are either jobless or are going to be. Yes, yes, I know I’m being a wet blanket, but it made me sick to see some of the captains of industry uppping their price and starlets preening away to the mews channels as they bought and sold players! These same titans talk about tough times ahead and layoffs in their business empires, but if you watched the news channels yesterday, you know what these guys do with the money they save after either laying off his staff or slashing the salaries of his pilots by 80k! Would be interesting to know how many employees were laid off from the companies owned by the people who were there at the Indian Premier League “mandi” yesterday? So here’s the calculation $13590000 @ Rs 50/ per dollar = Rs 660,881,714.52 . In simple mathematics it’s just Rs 66 crores. To the credit of these worthies they only spent half of it. Adam Gilchrist said he felt like a ‘cow’ after last year’s auction. I think he was being dignified. I have another word, two actually, for that, but…


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