Fresh woes

The year 2008 started with downslide in stock index and ended with Madeoff. The new Year has begun for India with Satyam fiasco.

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Madoff and Raju Made off

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One may walk the way with a lantern in his hand and still fall into a ditch.

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The sudden disclosures about their fraudulent dealings in late December 2008 and first week of January 2009 made Madoff and Ramalinga Raju overnight notorious.

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From Fairfield Greenwich Advisors, $7.50 billion; Royal Bank of Scotland Group PLC; BNP Paribas, to AXA SA. The loss totals to some $22.32 billions.

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Satyam got involved with Maytas, construction and infra-structure companies of his sons. Raju did announce to the world that he was going to misuse Satyam funds by creating a company with a name that is the reverse of Satyam-Maytas.

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This only brings to my mind the play by Ayn Rand, "Night of January 16^th."

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Satyam _Maytas

How greed ends

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There is no god higher than truth. -Mahatma Gandhi

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Ethics in any business house percolates only from the top and one wonders what the others would have done when the most powerful man had acted like this.

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Any business has a life of its own, once it comes into being. Satyam did grow into a big business house and the man who created it is now the man behind its fall. It is strange that this man had acted like this. Normally only third parties would be responsible for the downfall of any company of this stature. A loss of perspective has created the fiasco 'A mote in the mind's eye...' Shakespeare

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Don't search for or go after money; you will lose your valuable self.

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Dust thou art to dust thou shalt be.

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He was struggling to manipulate accounts and should have been living in Hell for years. He should feel jail Heaven

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Barack Obama - A Dream Come True

Certainly a Dream Come true. Change is the only thing that is permanent. Let this shange the weak economy into strong; stop recession; bring peace and joy all over.

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Barack Obama: The Changing Dawn(Don) - The Deliverer

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Barack Obama becoming the President of The United States of America is history. This is the mark of the power of the US democracy and the advancement of culture. It is also the mark of the changed thinking of the people. That all are equal and some are more equal is untrue hereafter. It is the change in the mind-set of the American that is basic.

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'A Dream' Come True

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Hope is the only quality which remains with Man and Man achieved so much with it. In the depth of winter with hope Americans have Obama to lead.

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