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TUESDAY, NOVEMBER 24, 2009
Truth about Satyam: rise and fall of Ramalinga Raju
Satyam means truth, but Raju, who resigned as chairman on Wednesday, owned up to creating a tissue of lies
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The entire Satyam episode is a eye opener for the entire corporate world and specifically for the investors. No doubt what Raju did is ghastly criminal as he has played with the hard earned money of lacs of investors, who today are at such great loss. Also interesting point to note here is the involvement of a very highly respected company PWC who did the audit for Satyam. Hope they also get equally punished for the wrong doing.
Karan
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