Satyam board member Ram Mynampati has been named interim CEO of the fraudulent IT services provider following the resignation of its Chairman B.Ramalinga Raju and Managing Director B.Rama Raju. Big Mistake We think appointment of Ram Mynampati is a BIG mistake. He is too closely associated with the old guard, having been with the company […]
With the disclosure today of the massive accounting fraud at Satyam Computer, the 53,000 IT coolies at the company must surely be crapping in their undies wondering what will happen to their jobs. Yes, many thousands of Satyam employees will lose their jobs. And many of them will find it very difficult to land new […]
Indian IT services provider Satyam Computer Services today acknowledged duping investors for years through massive fraud in its accounts. Satyam’s beleaguered Chairman B.Ramalinga Raju and managing director B.Rama Raju have resigned. Ha Ha Ha, Duped You All – Ramalinga Raju Providing details of the massive fraud in a letter to the company’s board, Ramalinga Raju said the balance […]
In these hard economic times, if your 2009 New Year Resolution is to cut back on wasteful spending and save money for the rainy days ahead, we suggest you start in the fading days of 2008 by skipping this piece of stolen junk called Ghajini. Yes, the Hindi Ghajini is the same stolen piece of […]
Is it the lure of easy lucre, the siren call of more fame or just the pitfalls of plain stupidity. Hey, who is it that can tell with certainty why Bollywood star Aamir Khan is embracing a foul-smelling thieving swine like Ghajini movie director A.R. Murugadoss. Why, oh, why is Aamir Khan so enthusiastically willing […]
Our ‘mission unaccomplished’ blithering idiot of a President George W. Bush threw a $17.4 billion lifeline to Detroit automakers lest they give up the ghost on his watch. To prove yet again that he’s indeed the dodo he’s widely reviled to be, Bush gave the auto industry until March 31 to get its affairs in […]