Archive for April, 2011

The cost of small change

April 25, 2011

Rs 530 for Rs 500 of small change. Wonder how high up in the bank these payoffs are going.



April 17, 2011

There was a brand of shampoo-Clairol “Herbal Essences” which was perfectly satisfactorily designed. Transparent bottle, easy to use flip top lid, and nicely shaped bottle. That is now not available. Instead the brand has morphed to opaque oddly shaped bottles, with difficult to use lids. Why did this happen? I don’t think I will ever know the real reason. Can I do anything about this? Nothing that I know of except write ineffectually on this blog. Can I punish someone for this inconvenience in my life? Much as I would like to, I can’t. (Here visions of thumbscrews, vats of boiling oil).

Nomen quid est?

April 8, 2011

Who legitimises name changes of places? Who is the arbiter who tells us what a place is called? How did they change the name from Bombay to Mumbai? From Bangalore to Bengaluru? How does the crowd set about changing names? Do they pass a law in the state legislature?

List of Primary Dealers NY Fed

April 2, 2011
List of the Primary Government Securities Dealers Reporting to the Government Securities Dealers Statistics Unit of the Federal Reserve Bank of New York

BNP Paribas Securities Corp.
Barclays Capital Inc.
Cantor Fitzgerald & Co.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Daiwa Capital Markets America Inc.
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
HSBC Securities (USA) Inc.
Jefferies & Company, Inc.
J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
MF Global Inc.
Mizuho Securities USA Inc.
Morgan Stanley & Co. Incorporated
Nomura Securities International, Inc.
RBC Capital Markets, LLC
RBS Securities Inc.
SG Americas Securities, LLC
UBS Securities LLC.

New primary dealers will begin transacting with the New York Fed upon completion of legal, operational and technical setup.

NOTE: This list has been compiled and made available for statistical purposes only and has no significance with respect to other relationships between dealers and the Federal Reserve Bank of New York. Qualification for the reporting list is based on the achievement and maintenance of the standards outlined in the Federal Reserve Bank of New York’s memorandum of January 11, 2010.

Government Securities Dealers Statistics Unit Federal Reserve Bank of New York
November 2, 2010