...besides revisiting the self-regulation norms set for companies, Mr Gupta told ET. The Satyam episode is being referred to as India's Enron. Have these developments tarnished India's image? I would not say that. I would rather call the Satyam episode an aberration....
...said Cassell, a nationally known advocate of victims rights. "So this will be the test for, you name it, the Madoff case, the Enron cases, whatever cases come down the road." Under the 2004 Victims' Rights Act, those who suffer at the hands of criminals...
...has just been added to a notorious list of companies involved in fraudulent financial activities, one that includes such names as Enron, WorldCom, Societe General, Parmalat, Ahold, Allied Irish, Bearings and Kidder Peabody. Satyam's CEO, Ramalingam Raju, took...
...about all this? Is it a coincidence that Jeff Skilling was back in the news this week? Already somebody is calling Satyam India's Enron. There will be more to come. So what will signal the turning point? Could it come during the worst of earnings season?...
...Wall Street. Their parents didn't teach them right from wrong. They're wealthy, but lack good character. No one will ever remember the Enron guy who stole all those pensions, went to jail and died. No one will ever remember Jerry Falwell fondly, we won't remember...
...That must mean something, though I’m not at all sure what it is. Anecdotally, Billionaires are offing themselves and India now has an Enron type scandal in Satyam…short these bastards. They need to figure out a way to make the case for a systemic failure if...