Text Box: Case Study: Stock Market Crash in India MI2 Allows You to Detect, Track, Characterize, and Quantify Turbulence in People's State of Mind. Turbulent Correlation Fluxes Impact All Corporate and Government Communications, Including Advertisement and Public Affairs. Effective, Cost-Efficient Communication Is Contingent Upon Management's Ability to Determine, as Reliably as Possible, the Start and Duration of the GOOD and BAD Effects of World Events. Profitability and Economic Security Depend on Management's Ability to Exploit GOOD Factors and Mitigate BAD Factors.     Rectangular Callout: 25-May-04 New York Attorney General Eliot Spitzer files a suit seeking to rescind the pay package of Richard A. Grasso, the former chairman and CEO of the New York Stock Exchange, Inc. (NYSE) [1]. Rectangular Callout: 17-May-04 India’s BSE 30 tumbles a record 786.89 (15.52%) to 4,282.98 (1:49AM ET) [1-3]. Rectangular Callout: 18-May-04 Israeli forces launch a massive invasion of the Rafah refugee camp, kill at least 20 Palestinians, injure dozens, destroy Palestinian homes, and displace 1,500 Palestinians [1]. Rectangular Callout: 14-May-04 Israel destroys hundreds of Palestinian homes along Gaza's border with Egypt [1]. The U.N. condemns Israel's destructive actions, as they clearly violate international law [2-3]. Rectangular Callout: 13-May-04 Sonia Gandhi's Indian National Congress party defeats the ruling Bharatiya Janata party (BJP) [1-8]. Gandhi's support comes mostly from millions of the rural poor who want the basics: roads, electricity, employment, prosperity, water, etc. [4-5]. Rectangular Callout: 10-May-04 Citigroup settles class action litigation brought on behalf of purchasers of WorldCom securities; Citigroup will pay $2.65 billion, or $1.64 billion after tax [1]. Rectangular Callout: 15-May-04 Asian Development Bank (ADB), 37th Annual Meeting of the Board of Governors: Liu Mingkang, head of the China Banking Regulatory Commission, urges member banks “to sue your customer, to enhance the credit culture” [1-3]. Rectangular Callout: 7-May-04 Sweet Crude crosses the $40 per barrel level [1]. Global stock prices tumble. Rectangular Callout: 18-May-04 President George W. Bush nominates Dr. Alan Greenspan for a 5th 4-year term as chairman of the Federal Reserve Board [1-3]. Rectangular Callout: 30-May-04 Militants attack the Khobar Petroleum Center then the Oasis Residential Resorts were executives for top Western oil firms reside; and kill 22 people [1-3]. Saudi commandos rescue 41 hostages. [1] Rectangular Callout: 2-Jun-04 CIA Director George J. Tenet resigns for personal reasons after serving for 7 years. [1-3] Rectangular Callout: 6-May-04 Federal Reserve Chairman Alan Greenspan is not overly worried about the resolution of the U.S. current account deficit and household debt burdens; however, he is concerned about the U.S. fiscal deficit and about protectionism. [1] Rectangular Callout: 14-May-04 Over one million Cubans protest U.S. measures against Cuba. [1] Rectangular Callout: 12-May-04 GE and Vivendi Universal announce the integration of NBC and Vivendi Universal Entertainment (VUE) into NBC Universal [1]. Rectangular Callout: 23-May-04 through 6-Jun-04 Cruel moneylenders harass India's farmers [1]. Chengala Reddy, honorary chairperson of the Federation of Farmers Associations in Andhra Pradesh, estimates that 4,000 to 5,000 indebted farmers have committed suicide since 1998 [2]. Rounded Rectangular Callout: RED= BAD correlation Rounded Rectangular Callout: GREEN= GOOD correlation Rounded Rectangular Callout: GREY= WEAK correlation
Copyright © 2001-2004 by Dr. Edward E. Ayoub. All Rights Reserved.
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M4-9-Jun-04