Satyam’s stock was going down like a house on fire..
ohh yea, that scam..is’nt
yea, they are calling it as India’s biggest..
it’s not..
it’s not ? which is the biggest then ?
i mean.. there must be big scams out there waiting to come out of the closet
yea..that maybe true..
maybe ? Come on, this is India..i am sure there must be bigger ones..in the future
yea..i was thinking how can a curropt country have cool private sector..
curropt people makes curropt system..public and private
i was jiggered..anyway
true, i did not expect it from the IT sector
what will happen to the employees ?
nothing.
do you think they may jump companies now ?
maybe.
do you think satyam will be purchased by someother ?
i dont know.. with all these cash default.. maybe a financially sound company may try to buy it.. maybe a foreign company will..
can a foreign company buy an Indian company..
why not.. i think it can buy.. it’s in private sector..
what do you think will happen to Ramalinga Raju ?
he will go behind bars..
u know..earlier, he tried to buy his son’s company with Satyam’s money..
yea, that was in last year. But, it didnt materialise..
how can such a big fraud happen without anybody knowing ?
i am sure, Mr.Raju wont the only culprit. Those accountants and auditors should be booked too.
what about SEBI ? why didnt they knew about it ?
I dont think they check accounts…they just go through the filed statements..i guess.
so SEBI is a sham too ?
these exchanges all work like that. see America.. nobody got booked for trading bank loans on realty as exchange traded funds which ultimately resulted in the global economic crisis..
yea thats right..no perpetrators for the Global economic crisis..But alot of companies had to file chapter 11..
yes, thats correct..but, i want to see someone going to jail for all these things..
| 
