Wednesday, January 7, 2009
Satyam Chairman: We're Just a Gigantic Fraud, Too
Amazing.
One of India's biggest companies and a darling of investors through the boom. Just another ponzi scheme!
And you probably thought Madoff was an isolated case. Starting to appear like there may be many, many, more like him.
Unreal!
Read article here.
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HOW DO WE KNOW THAT THESE PONZIS FROM WHEREVER THEY ARE IN THE WORLD ARE NOT JUST POCKETING THE MONEY AND SAYING THAT OOPS WE DON'T HAVE THAT KIND OF MONEY AND PLEASE SEND US A BAIL OUT OR EXCUSE OUR CREATIVE ACCOUNTING ??
HOW DO YOU NOT KNOW THEY ARE SENDING THE DOUGH TO SOME ISLAND AND YAWNING OFF THEIR FOOLISH BEAN COUNTERS ??
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