Wednesday, January 14, 2009

Bailout for Fraud?

http://ibnlive.in.com/news/satyam-may-get-rs-2k-cr-govt-aid--debate-worth-it/82663-7.html

There are bailout s and then there are bailouts. The Indian Govt. plans to give 2,000 cr to Satyam to pay salaries. Good business model this, create company indulge in fraud and govt. will bail you out.

There are more frauds to be unearthed here. Tip of iceberg shall we say?

God bless the govt., now the poor employees will at least get salaries.

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