Friday, October 17, 2008

Sachin, "On top of the world"

Sachin Tendulkar has moved past Brian Lara's world batting record for most Test runs .The master batsman, who came into the second Test at Mohali against Australia with just 15 runs short of the milestone, created history today when he hit debutant pacer Peter Siddle for three runs to overtake Brian Lara's record of 11,953 runs.

Tendulkar had to endure a nervy tea interval on 13 not-out, just one run behind Lara’s record, but stroked his first ball after the break down to third man for three.The accomplishment was met with rapturous applause from the crowd, as well as warm congratulations from his team-mates and the opposing Australian fielders.

Sachin Tendulkar still has a lot of cricket left in him and India will need him for the next 2-3 years to guide the youngsters in the team which is ‘in the transitional phase’, Chairman of Selectors Krishnamachari Srikkanth said.
"He should play cricket for another 2-3 years. We need him as the team is going through a transition phase. He is a fantastic team man, very involved cricketer and we need him so that he is able to guide cricketers of future," Srikkanth said after Tendulkar became the highest run-getter in Test cricket.

Thursday, October 16, 2008

Bailed out bank,AIG spending on parties for executives

First there was the $440,000 American Insurance Group Inc. spent entertaining executives days after receiving an $85 billion lifeline from the Federal Reserve, now it’s $86,000 for a hunting trip in England as the faltering company reaped another $37.8 billion in taxpayer funded loans.
News of the hunting trip emerged Wednesday as New York Attorney General Andrew Cuomo ordered AIG to do away with golden parachutes for executives, golf outings and parties while taking government money to stay afloat.

Company officials said the hunting trip in the English countryside was an annual event for customers that had been planned months before the bailout. The company pledged — as it did following the September trip — to do everything possible to end such extravagances. They declined to say which AIG executives attended.