Auditing firms: Never short of clients
ABC of Satyam
India Inc’s tallest skyscraper?
I am sure by now all of you know about the Satyam scam and how the companies management was involved in a massive $2 billion scam. But one of the most important thing which this complete scam has brought out is the dwindling margins on the IT Services Business. Satyam as per Raju only operated [...]
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Ref : http://fahadsaidso.wordpress.com/2009/01/10/raju-made-the-difference/
Respected Members of the Board,
My job has become a double-edged sword
Today I am writing you this letter,
To shed my loads and feel much better.
I’ve been hiding a truth
Which has many facets
So here it goes
‘Satyam has no assets!’
You see, unlike I said before,
We don’t really have 7000 crore.
That cash in fact exists nowhere,
I pulled that figure [...]
Public Bolti Hai is where you will find views, suggestions, anger, comment, etc from you or me. Everyones welcome to come here and write about SATYAM SCAM.
In the first half of September, Srinivas Vadlamani suddenly offloaded 92,358 shares of Satyam in the stock market. When quizzed about it, he said that he needed the money because he was building a house and could not manage without liquidating his ESOP holdings. That answer had satisfied curious newshounds then.
However, after the Raju confession, [...]
This is by far Largest Corporate Scam in India Inc. 
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