Nanubhai on Dalal Street
I happened to run in to Nanubhai on Dalal Street. He was eating Khaman Dhokla in a farsan shop. "Kame cho, Nanubhai?" "Saru che." He was looking glum but gestured me to join him. As I bit into the tasty dhokla with tangy chutney on the Friday afternoon, which was fast turning into a 'Manic Friday' as per Dalal Street lingo, he was staring at the bull near the entrance, which overnight had become a Russian bear hugging everybody that passed the Street. Nanubhai is a well-respected Dalal Street dada with an answer to every shareholder's query. "What went wrong with Lehman Brothers?" I asked. "Lots of things. If the founder brothers, Henry, Emanuel and Mayer were alive this wouldn't have happened. Lehman Brothers were more than a 150-year-old company. But yet, it had no Lehman in the company. Such a situation can never happen in India ." "Are you trying to tell me an Indian would have handled this differently?" "B
