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General

They're counting the bodies, Alan Greenspan

At least, W.C. Varones is, going by his blog. 71 people have died as a direct or indirect consequence of Greenspan’s actions or advice, says Varones. ...
Commentary

Wipro barred from World Bank since 2007

From Bloomberg: Wipro Ltd., India’s third-largest software exporter, said it was barred from bidding for contracts from the World Bank until 2011 after it ...
Economy

Roubini predicts a bleak 2009

Roubini: 2009 will be very very bleak: So how far are we into this recession that has already lasted longer than the previous two (the 1990 and 2001 recessions ...
General

Save Satyam? Or Start Afresh?

Capitalism is built to reward good companies. And that necessarily punishes bad companies. When a fraud is committed, and a company is no longer solvent, it ...
General

No poaching from Satyam: Infy

ET: Infy not to hire Satyam employees: “We have asked our recruitment staff not to poach anybody from Satyam. The company is in the middle of a crisis and ...
General

Satyam Humour

Faking News Has It: The finance minster of India, widely believed to be Manmohan Singh, announced appointment of Ramalinga Raju, Chairman, Satyam Computer ...
Charts & Analysis

Closing Aftek in 5L portfolio

In the 5L Virtual Portfolio I am closing Aftek – the Satyam corp governance issue is huge and Aftek even has a history. SO loss of about 10% but ...
General

Satyam: The End Game

Satyam’s case: Now that we know Raju has defrauded the shareholders, on his own admission, it’s time to face facts. Raju “overstated” ...
General

Raju's letter to Satyam

To the Board of Directors Satyam Computer Services Ltd. Dear Board Members, It is with deep regret, at tremendous burden that I am carrying on my conscience, ...
Charts & Analysis

Satyam down 28%: Raju resigns, DSP-ML says goodbye

Satyam stock is down 28% from the 185 levels I talked about in my last post, a few minutes back! Update: Ramalinga Raju, the CEO, has resigned. He has sent a ...