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Just Shoot Me

Bala, 28, Gordon Gekko in the making, pseudo-intellectual, cynic, bibliophile, obsessive compulsive ranter...

You heard it here first..

October 08, 2008

All ye suckers, who bought ULIP (unit linked insurance plans) by the truck load, remember it is your money that has bought the shares being sold by FIIs. It is you who have been left holding the bag. It is your money FIIs are now withdrawing to wall street. In three years time, your Market plus policies would probably go the way of all Assured return schemes of UTI. (hint: no one saw any return, assured or not).

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posted by Bala, 1:42 AM

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