Friday, November 18, 2005

Nuremberg trial's opening

AP's account of the Nuremberg trial's opening in 1945
Germany Judgment at Nuremberg
From an eyewitness account by Pulitzer prize winning
reporter Louis P. Lochner, who covered the Nuremberg
tribunal for The Associated Press. Lochner died in 1975 at
age 87:
Nuremberg, Nov. 20 (AP) _ They were no longer glamour boys
strutting across the European stage, these 20 Nazi leaders
who filed today into the crowded Nuremberg courtroom.
Hermann Goering, without his medals dangling on his chest
and the bejeweled marshal's wand which he flashed at
adulating crowds, didn't seem to be Goering.
Julius Streicher, no longer in a brown uniform and no
longer dealing out blows with a riding switch, did not seem
to be the real Streicher.
Joachim von Ribbentrop, unattended by the retinue of
foreign office flunkies in SS uniforms who handed him state
papers before his theatrical speeches as foreign minister,
looked again like the champagne merchant he once was _ only
now he looks too old and spent to inspire the confidence of
a prospective customer...
The enigma for me was Rudolf Hess. Is he partly demented
as claimed? Are his seeming indifference and alleged
failure to recognize old friends simulation or reality?
From the moment Hess took his seat between Goering and von
Ribbentrop until the court's formal opening, Hess seemed
utterly indifferent to what was going on about him. He
appeared to stare into vacant space. But while others
watched the presiding judge listening to opening
statements, Hitler's former deputy carefully scanned the
press section and spectators' gallery.
Later, during the reading of the indictment, at the first
mention of Hitler's name he pulled Goering by the sleeve
and told him something with a smile and an emphatic nod of
the head. This elicited no response.

Tuesday, November 01, 2005

A Caravanserai at Dalal Street


A camel is all set to join the bulls, the bears and the mice on the Bombay Stock Exchange on Monday, media reports said.

The stray camel hailing from the northern Indian desert state of Rajasthan was so enamoured by the fascinating money spinning opportunities in the bourses that it shed its desert habitat of Thar, to start a journey by road to Bombay, the country’s commercial hub where India’s premier bourse, the Bombay Stock Exchange, functions.

The camel is expected to cover a distance of about 2,000 kilometres and reach the business district of Dalal Street by Monday morning, to start its stock market stint ahead of Diwali, the festival of lights.

The Bombay Stock Exchange, established in 1875, is the oldest bourse in Asia, with a market capitalization of Rs 9.9 lakh crore . The BSE also ranks among the five biggest bourses in the world in terms of transactions.

Bombay Stock Exchange non-executive chairman Jagdish Capoor is likely to formally induct the camel to the herds of traders just before the start of trading session, provided it manages to reach Dalal Street in south Mumbai. Trading starts at 10.am

The camel reached Dahanu in Gujarat, bordering Maharashtra, by 10 pm on Sunday. Since there is no sufficient data on how much time camels take to cover a given distance, analysts failed to predict the time when the camel will be able to reach the BSE.

There are also plans to airlift the desert rose if needed. In case the camel fails to make it on time, a trader selected by the bourse will wear a camel mask to formally mark the induction ceremony and start trading on behalf of the camel. Authorities have made arrangements to serve camel milk at the pantry of the BSE on Monday, as a mark of respect to the first non-human trader in the premier bourse.

Since data is not available on the stock preferences of the camel, analysts are struggling to figure out which scrip will get a boost, courtesy the camel. Depending on the performance of the camel, more of its ilk are expected to join bourses all over the country, analysts said.

Market talk is that HDFC Bank shares (HDFC (C-B) will rise on Monday, since Capoor, who is expected to initiate the camel into trading, is the chairman of the HDFC Bank. The camel induction ceremony is expected to whip up sentiment in favour of the country’s largest private sector bank, analysts said.

The BSE Sensex ended down 112.85 points, or -1.45%, at 7685.64 on Friday.