article thumbnail

Vijay Mallya Scam Demystified | Vijay Mallya Case Study

Trade Brains

crores for the sword of Tipu Sultan at an auction in London in the year 2004. The airlines in India were hit harder due to the taxes and levies imposed by the government. Post the closure of Kingfisher the Serious Fraud Investigation Office (SFIO) found that serious corporate ethics were violated during the merger. 5665 crores.

Banking 52
article thumbnail

Transcript: Eric Balchunas

The Big Picture

And so, I was doing that in 2000, 2002, 2003, 2004. So it’s unusual though to have that much work ethic, that much drive and say, yeah, I want all the investors to have the money. BALCHUNAS: … a couple trillion stuck in there because of taxes. RITHOLTZ: Super tax-efficient …. RITHOLTZ: (Inaudible), right. RITHOLTZ: Yes.

Assets 164
article thumbnail

Transcript: Ramit Sethi

The Big Picture

So, you start the blog in 2004, more or less. That led to the next three or four years of learning how to sell, how to create value, and not worry about selling out, but do it in a very ethical way. We’d rather dream about having 10 million then start investing $100 a week. SETHI: Yes. RITHOLTZ: That’s really fascinating.