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This may lead to some takeovers.
First, some takeovers of Indian firms would be retroactively taxed; this was aimed at Vodafone and a handful of other firms.
"I think we all get some takeovers," he said.
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There was also some takeover speculation to add some spice.
"The idea that there is some takeover by the Nation of Islam -- someone is spinning you," he said.
One of Kaupthing's largest foreign operations was in Britain, where it helped Robert Tchenguiz finance some takeover offers.
But some takeover artists have crashed spectacularly most recently Cendant, a services conglomerate.Some recent deals will no doubt prove a stunning success.
I remember one occasion when British Aerospace received some takeover bids and, to try and make grown-up conversation, I ask him what he thinks would happen.
'If discounts persist after companies have converted, we may see some takeover activity.' But he also has some words of caution.
But they also say that those gains could be threatened by a rising tide of protectionist sentiment that has led to tighter immigration policies in Washington and opposition to some takeover attempts by foreign companies.
Name some takeover candidates, please.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com