The weekend was adventurous for India; last night PM Mr Modi did the hard selling for India, obviously learning by itself for blogInvestment bankers. The pitch was very strong in the economic sense.

I was reading Traders Guns and money over the weekend and found some interesting jargon and pitches made by the Investment bankers.

Statement: As a Leading dealer with a global platform, we are the major player in the market.

Translation: We have spent a fortune to build this business and are now prepared to spend millions more subsidizing your requirements.

Statement: We have one of the most talented teams in this space.

Translation: Our staff are vastly overpaid and on huge guaranteed bonuses. Continue reading