Peak Day Blues

InferX Corporation, a market leader in next generation distributed Predictive Analytics and Business Intelligence Products and Solutions, today announced that it has signed a Memoradum of Understanding (MOU) with KG Information Systems Limited (KGiSL), part of KG Group of companies to develop solutions powered by InferX products and market to its client base in the Banking, Financial Services and Insurance (BFSI) and Healthcare sectors in the United States, India and globally. The KG Group of companies will license InferX products and develop specific BFSI and Healthcare sector solutions under the guidance and collaboration of InferX technical managers and market to its client base. The solutions will feature InferX's proprietary Predictive Analytics (PA) technology to deliver next generation business intelligence solutions. "The ability to enhance our current portfolio of business performance management solutions with InferX's real time, distributed predictive analytics t

On September 15, 2008 Lehman Brothers filed for Bankruptcy triggering the biggest ever financial crisis faced by mankind. Around 2 million jobs were lost in the US alone and it wiped out life long savings of millions of shareholders. At its prime, Lehman Brothers was the fourth largest Investment Bank! As we are approaching the first anniversary of the Lehman collapse, which effectively started the subprime mortgage crisis, Channel 4 of UK has done an interesting investigative reporting. So, who really pulled the trigger on Lehman?