A K Bhattacharya

"If US President Barack Obama had listened to Yudhishthira, the eldest of the Pandavas in Mahabharata, he would not have behaved the way he did when he had to deal with the greed and indiscretion of America’s top investment bankers. Obama had sought a legal way to claw back the bonuses these executives had showered themselves with even as the institutions they headed were going bust. But this is not what Obama should have asked for, argues Gurcharan Das in this book. 'To want to punish someone in this crisis was understandable but it was a dangerous path. What the world needed instead was the calm and principled voice of a Yudhishthira. In Obama’s place he would have appealed for a ‘voluntary’ return of bonuses while explaining to the American people that Wall Street had been bailed out to save Main Street’s pain and honoring bonus contracts was necessary to the rule of law,' he explains. If you conclude from this that Dharma means to remain calm, follow principles and honor the rule of law, Das will accuse you of over-simplifying Dharma."

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