Conclaves at K

Management conclaves at IIM K. One of them is horizons, which is going on today. We have really distinguished speakers. But one question remains is that, ' can they be really classified as speakers?'
Many would agree because the first speaker was the CFO of TATA Capital. He had done his MS Finace from LBS; what else is requisite for a qualification?
 The answer is soft skills and the ability to bind your audience to the very flow of your thoughts. If somebody had beeen actually listening, whatever he talked was so full of wisdom, and coming from a man of his stature it must hold importance specially for management students like us. He talked of some things which are really worth talking about in the current scenario. But I wilnot be able dwell much on that as I was party to the crime. The crime of sleeping in an event like this. The crime of pretending tobelistening when actually my thoughts were far away. But yes things I can recollect include the idea of free markets, how indian banks cater to the risk averse segment and are not very much pro investment: they are rather pro savings. He talked about the history of markets and regulation that have governed them. The thought process and the rationale that that has gone beyond these regulations. How we again moved towards free markets during the times of Regan and Thather, both of whom were essentially for free markets and against regulations.
   And this is all he talked about; how the derivatives market was just coming of age , when the sub-prime crisis struck. I may be possible that what I state in this post is an interpreation and very far from what he might have meant. And so it went on. The speech or rather the ordeal was over and the esteemed gentleman was rather impatiently waiting for questions. And none came. The someone after much deliberation and thinking and realizing that the ver reputation of an IIM was at stake came up with a question and thank God a sensible one; this so because the guest seemed pleased to answer it. Most of us didn't have a clue of what the question was all about and so was the case with the answer......... to be cont.