Thursday, January 8, 2009

Satyam story

Well the news about Indian Corporate's biggest scandal so far is being heard a lot these days..The money fudged seems to be really big and also it proves the fact that we remain Indians at heart how much ever big we are and the extent of bribing that takes place here in india (I am pretty sure PWC auditors must have been bribed too to keep the actual financial status of the company under wraps) Anyways..Satyam scam has been stated as the Indian version of Enron scam(in US) and here's the link for those interested in reading about the Enron story : http://money.howstuffworks.com/cooking-books6.htm