Sri Lankan Tamil hedge fund manager Raj Rajaratnam has been found guilty on all 14 counts of securities fraud and conspiracy by a 12-member jury in New York City. Great day, folks. The Augean Stables of Wall Street are certainly ripe for a thorough cleansing. Raj Rajaratnam is the most well known name to be […]
The Securities and Exchange Commission has ordered five affiliates of accounting firm PriceWaterhouse India to pay a $6 million fine in connection with sloppy auditing of crooked Indian software firm Satyam Computer Services which collapsed spectacularly in January 2009. Satyam engaged in fraudulent financial accounting by falsifying the company’s revenue, income, earnings per share, cash, […]
So, all you schmucks think your credit card or bank account information is safe? Ha ha ha. Think again, fellas. Security software provider Panda Labs has concluded a study on the CyberCrime black market. And the results make for very interesting reading. Here are the CyberCrime black market rates for sensitive, precious information pertaining to […]
Two Indian firms Althea Systems and Verismo are part of a group of 18 firms that have received a total of $77 million in investment from Intel Capital, the investment arm of microprocessor giant Intel. The investments were disclosed today at an Intel Capital conference in Huntington Beach, California. Here are details on the two […]
Aye Aye Yippee Yippee Aye Aye. Nice day outside, eh? 😉 Folks, we can’t contain our excitement. Ha ha ha ha. 😆 Just had to share this wonderful news with y’all. Smartsoft Violated H1B Rules Indian software firm Smartsoft International, founded by Murugadass Krishnan and Shanthi Murugadass (Tamils??), has been royally screwed for H1B violations […]
Weep American Worker, Weep. Weep your heart out. Your IT giant IBM has screwed you royally and is now scooping out your entrails. IBM has been firing American workers in the thousands over the last decade even as it hires tens of thousands of Indian Coolies (low-wage laborers). This is not Free Trade. This is […]