Satyam everywhere

http://www.livemint.com/2009/01/09135447/With-Satyam-perfect-storm-hit.html

"A year ago a seemingly unstoppable global juggernaut, the once-confident India is now reeling from a perfect storm of a corporate IT scandal, the Mumbai attacks and economic slowdown."

http://www.blogger.com/post-edit.g?blogID=12819537&postID=2635841455554079770

Andhra CM orders review of projects under Maytas

http://business-standard.com/india/storypage.php?autono=345754

Employees to be laid off. How many employees are there anyway?

http://business-standard.com/india/storypage.php?autono=345750

Is it supposed to be surprising that the maytas shares were pledged too?

Links for the day

Satyam scam not the first involving IT companies

Were the analysts sleeping then? Someone was telling me that there is no continuity in sell side analysts either these days, maybe a problem. But no one even investigated?

Country held to ransom

Its so easy to hold India to ransom,we all should go on strike.

Bank of England cuts interest rates

Ahead of the Friday US employment data

Report from Paris - BP Cafe

"The last point that struck me is how damaging the Madoff affair is to the image of the United States. Revelations like the failure of the Austrian Bank Medici are front-page stuff in Europe. Madoff’s tentacles reached far". Replace Madoff with Satyam and US with India and Europe wiht the globe.