New Orleans - Apocalypse Now!

I was on the last flight out of Bombay during the floods before the airport was closed (or to be exact, the planes started getting washed off the runway) and was back there as soon as resonably safe to do so. I saw none of the looting, just people in a trajedy trying to help each other.

What I saw on CNN was disgusting. My 2.2 cents worth.

Cheers,

Stan 101 said:

I was on the last flight out of Bombay during the floods before the airport was closed (or to be exact, the planes started getting washed off the runway) and was back there as soon as resonably safe to do so. I saw none of the looting, just people in a trajedy trying to help each other.

What I saw on CNN was disgusting. My 2.2 cents worth.

Cheers,

Click to expand...

Sanguar,

It is interesting that your floods did not recieve much coverage here...did we get coverage here in Oz? I hadn't actually heard about them!!!

It's like the stinking US is the centre of the universe, nowhere else matters. It makes me puke.

(I'm entitled to say that as I'm from there...and yes I'm struck by my own hypocricy by trading their markets :-/)

Cheers

WayneL, the floods in Bombay were the worst in recorded history (from memory of news reports) Countless thousands killed, whole slum cities just wiped away. Downtown mumbai was in nearly 2 metres of water. The waters were raining at 1/4 inch an hour after the rains stopped.. They received 993mm of rain in 24 hours. Yes, just under a metre. It rained for about 9 days stright from memory. This was only in August

I email friends and family back home in Australia as soon as I got to safety, and they all said the same thing... What floods?

Stan 101 said:

WayneL, the floods in Bombay were the worst in recorded history (from memory of news reports) Countless thousands killed, whole slum cities just wiped away. Downtown mumbai was in nearly 2 metres of water. The waters were raining at 1/4 inch an hour after the rains stopped.. They received 993mm of rain in 24 hours. Yes, just under a metre. It rained for about 9 days stright from memory. Thjis was only in August

I email friends and family back home in Australia as soon as I got to safety, and they all said the same thing.. What floods?

Click to expand...

I'm speechless, well, I really feel like ranting, but will refrain....found this on google:

http://www.cbsnews.com/stories/2005/07/26/world/main711998.shtml

Having just returned from India I really feel for those affected by the floods.

It's amazing how scarce the coverage was on it here in oz.

Unfortunately it doesn't seem to have affected the call centres over there. :swear:

That kind of rain would be devastating in Mumbai. Remember it well from a trip there 5 yrs ago, minus rain. Deserves coverage.

Brings back memories of 74 Qld floods, Tamborine Mtn (Gold coast hinterland) had a wet season of 144 inches including 60 inches in 60 hours at it's peak.
I can still vizualize a front page Courier Mail pic of the Brisbane River lapping the bottom of the Story Bridge, with water up to the first story of many CBD buildings. We don't have wet seasons like that anymore.

Fun and games.

Posted on Bloomberg this morning.

FYI

Are You Weird Enough to See Profit in Katrina? Michael Lewis
Oct. 20 (Bloomberg)

Two days after Katrina hit New Orleans -- where I was born and raised, and most of my family still lives -- I had a message from an investor to whom I once peddled stocks and bonds on behalf of Salomon Brothers.

When I worked on Wall Street my customers were generally viewed by my firm's traders with condescension: They were the morons who existed only to be on the wrong side of whatever trade Salomon Brothers wanted to make. This fellow was different. When he did something that some trader suggested, it usually worked out well for him, and badly for the trader.

He was at his very best in volatile markets, when he looked to take the risks shunned by others. Occasionally he was wrong, but more often he was spectacularly right, and in the two years we did business together he did so well for himself that the Salomon traders routinely stopped by my desk to ask what he was up to. Eventually they became terrified of him. He was one of those people who, when he poked his nose into a market, picked up scents undetectable to most humans.

It had been many months since I had last heard from him, but 48 hours after Katrina struck home he sent me an e-mail from London to say that now was the perfect time to buy New Orleans property.

Bird flu might make this ‘opportunity’ World Wide.

But with 60% mortality rate do not expect to make ‘killing’ in rental area.

Happy said:

Bird flu might make this ‘opportunity’ World Wide.

But with 60% mortality rate do not expect to make ‘killing’ in rental area.

Click to expand...

That's pretty ironic considering the pelican flu might do a lot of killing!