Howdah

Howdah

Howdah? You must be thinking that why on earth this peculiar question is knocking here and there in web. Actually this question was asked on tonight’s episode of Who Want’s to be a Millionaire. Who Wants to Be a Millionaire (also known as Millionaire) is a television game show In the United States, which offers a maximum prize of $1,000,000 for correctly answering 15 successive multiple-choice questions of increasing difficulty. Who Wants to Be a Millionaire debuted in the United States on August 16, 1999 on the ABC television network, and was hosted by television personality Regis Philbin.

It’s not something which is related to rocket science, Howdah or houdah is a seat or gorgeous carriage tucked on the back of an elephant. Those seats are usually fitted with a canopy and railing, placed on the back of an elephant and also in the back of camels. Howdah is used most often in the past to carry wealthy people or for use in hunting or warfare. It was also a symbol of wealth for the owner, and as a result were decorated with expensive gems. A howdah is a carriage-like compartment strapped to the back of an elephant and was used in the 19th and early 20th centuries as a firing platform in hunting, or as a mode of transportation to carry the wealthy during British Colonial rule.

Also called the Ambari, it is used only during the Vijayadashmi procession and is on display in the palace all through the year. The idol of Goddess Chamundeshwari is seated inside the howdah and forms the tail-end of the procession. While the origin of the howdah and its antiquity is not clear, its core comprises a wooden structure in the form of a large mantapa weighing about 750 kg; it is covered by 80 kg of solid gold. The exterior of the golden howdah is lavish in its intricate design, which is executed in an ancient art form entailing cutting designs in relief on metal using hammers, while the intricate details are etched out by engraving or chiselling.

Madoff victims

Madoff victims is that only a small fraction of the nearly $65 billion that disappeared has been recovered. While insurance will fill some of that gap, it is clear that many people will not come close to recouping their losses — meaning that whatever one group of investors get will affect how much is available for another group. Ever mindful that the claims process is, in effect, competitive, some groups of investors are jockeying for favorable treatment from the Securities Investor Protection Corporation, the government-chartered insurance agency.

Ms. Chaitman disapproves of the way Irving H. Picard, the court-appointed trustee overseeing the claims process, is calculating investor losses — on the basis of “net equity,” or simply the difference between the total amountinvested in the fund and the total withdrawn before it collapsed.

Ms. Chaitman, who represents more than 100 others in a lawsuit against Mr. Picard, is adamant that they should be reimbursed for the total value of their accounts with Mr. Madoff, even if their withdrawals exceeded their deposits and even though the balances reflected on their statements were based on fake trades. “Fictitious trades are exactly what SIPC was intended to protect against — a dishonest broker who steals the securities or a broker who never buys the securities,” Ms. Chaitman told The Times, even though she saysshe never took money out of her Madoff account and therefore has a claim under Mr. Picard’s rules.