A Quote by Subramanian Swamy

The Indian economy has declined because of the peculiar Indian 'invention' of that perfidious financial derivative called Participatory Notes, or PNs, otherwise known as the crony/crooked facilitator for black-money-based portfolio investment. No other country would think of such a derivative.

Subramanian Swamy

Quote Author

Subramanian Swamy
Indian - Politician
Born: September 15, 1939

The credit derivative market would never have evolved but for the preexistence of the derivative markets because so much of the technology was borrowed.

Blythe Masters

Portfolio investment, often called 'hot money' because of its volatile nature, can increase the economy's vulnerability to the vagaries of international finance. Foreign direct investment, on the other hand, is far more stable and driven by domestic fundamentals.

Gita Gopinath

Be proud that thou art an Indian, and proudly proclaim, "I am an Indian, every Indian is my brother." Say, "The ignorant Indian, the poor and destitute Indian, the Brahmin Indian, the Pariah Indian, is my brother."

Swami Vivekananda

Many venture capitalists say they're looking for the next big idea. But they aren't, really; they're looking for something derivative, because derivative is safe.

Jose Ferreira

A credit derivative, at its core, is actually a very simple concept... The simplest way to think of a credit derivative is it is analogous to insurance against the risk of a credit default by your counterparty, your business counterpart.

Blythe Masters

Even 'Bonanza' was derivative of other westerns and, of course, other westerns were derivative of 'Bonanza.'

Lorne Greene

I don't think one party has a bad vision over the other party. I have no doubts that every Indian and every Indian political leadership would like to see this country get to a much better level. We would all like to see inclusive growth.

Baba Kalyani

I want to get rid of the Indian problem. [...] Our objective is to continue until there is not a single Indian in Canada that has not been absorbed into the body politic and there is no Indian Question and no Indian Department.

Duncan Campbell Scott

Derivative trading with mark-to-market accounting degenerates into mark-to-model. Two firms make a big derivative trade and the accountants on both sides show a large profit from the same trade.

Charlie Munger

I had an Indian face, but I never saw it as Indian, in part because in America the Indian was dead. The Indian had been killed in cowboy movies, or was playing bingo in Oklahoma. Also, in my middle-class Mexican family indio was a bad word, one my parents shy away from to this day. That's one of the reasons, of course, why I always insist, in my bratty way, on saying, Soy indio! - "I am an Indian!"

Richard Rodriguez

With federal recognition, the Lumbee Tribe would become a full player in Indian country, no longer second class Indians in the eyes of the federal government. As such, we would employ our substantial skills and abilities to help correct problems faced by Indian country and make significant contributions.

Kelvin Sampson

I'm Indian-American and I think that when I think of myself as being culturally Indian, it had so much to do with when I lived with my parents and was a kid because they would take me to the Diwali festivals. They would take me to the temple, and they would teach me about all the different holidays.

Mindy Kaling

Nobody who has done business in any country with an Indian would doubt the shrewdness of Indians, but what Indian people bring to the world is something special and unique, which is the capacity for a loving interaction.

Gregory David Roberts

The Chinese economy is growing at the rate of 9 percent; the Indian economy growing at the rate of 8 percent - enormous I think opportunities for two-way flow of trade, technology and investment.