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Satyam — truth be damned?

Started by Joelle, January 07, 2009, 06:04:29 PM

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Joelle

Satyam — truth be damned?
      


If a stock dives 55 percent, is it time to go bargain hunting?
Absolutely not! At least that was the case with India's Satyam Computer Services after it shocked investors on Wednesday by disclosing most of its profits were cooked up.
Chairman Ramalinga Raju said: "It was like riding a tiger, not knowing how to get off [...]
         

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