Comments on: Satyam fraud, unravelling the mystery http://www.sathyamurthy.com/2009/01/07/satyam-fraud-unravelling-the-mystery/ Sun, 14 Mar 2010 15:05:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Ameya http://www.sathyamurthy.com/2009/01/07/satyam-fraud-unravelling-the-mystery/comment-page-6/#comment-5680 Ameya Sun, 02 Aug 2009 09:46:18 +0000 http://www.sathyamurthy.com/?p=559#comment-5680 gr88 article Satya... thanks a lott for explaining this so well ! gr88 article Satya… thanks a lott for explaining this so well !

]]> By: triplicani http://www.sathyamurthy.com/2009/01/07/satyam-fraud-unravelling-the-mystery/comment-page-6/#comment-4024 triplicani Sat, 13 Jun 2009 08:08:14 +0000 http://www.sathyamurthy.com/?p=559#comment-4024 Sunil, I go with the markets. Tech Mahindra might have bought it bit expensive one thought but then they are a very good group in building good companies. They are now axing surplus staff. Soon this share will come back to Index stocks. It will still be a multi-bagger even from this levels in the changed circumstances. Sunil,

I go with the markets. Tech Mahindra might have bought it bit expensive one thought but then they are a very good group in building good companies.

They are now axing surplus staff. Soon this share will come back to Index stocks. It will still be a multi-bagger even from this levels in the changed circumstances.

]]> By: Sunil http://www.sathyamurthy.com/2009/01/07/satyam-fraud-unravelling-the-mystery/comment-page-6/#comment-3971 Sunil Wed, 10 Jun 2009 12:40:54 +0000 http://www.sathyamurthy.com/?p=559#comment-3971 Hi Satya, What is your opionion as of today about satyam. Yesterday close was $3.62. As Tech Mahindra has stepped in - where do you see this share in next 6 months Hi Satya,

What is your opionion as of today about satyam.
Yesterday close was $3.62.
As Tech Mahindra has stepped in – where do you see this share in next 6 months

]]> By: Luke http://www.sathyamurthy.com/2009/01/07/satyam-fraud-unravelling-the-mystery/comment-page-6/#comment-962 Luke Tue, 10 Mar 2009 18:57:31 +0000 http://www.sathyamurthy.com/?p=559#comment-962 <strong>sarbanes oxley internal audit...</strong> I can't believe I missed this! I'm going to have to do some more reading me thinks.... sarbanes oxley internal audit…

I can’t believe I missed this! I’m going to have to do some more reading me thinks….

]]> By: G.Ramesh http://www.sathyamurthy.com/2009/01/07/satyam-fraud-unravelling-the-mystery/comment-page-6/#comment-557 G.Ramesh Tue, 17 Feb 2009 13:25:58 +0000 http://www.sathyamurthy.com/?p=559#comment-557 Dear Author, One more thought which is lingering in my mind for a long time is about the other hypothetical dimension to this episode which is yet to be looked into by various agencies and I want to share the same through your blog so that readers can contribute on this aspect. Is there any possibility to issue new share certificates or bogus share certificates with some share certificate numbers by violating all Company practices through the connivance of the Company Secretary as was being done with the collusion CFO in fudging company accounts? By this he can pledge more number of shares with the banks so that he can have more money in his hand. Also he can give these shares to all the politicians like a complimentary pass and they can in turn cash it on market and all without spending even a pie from his own pocket. Why I am telling all these because he is a master crook with out any same and I am sure he will l go to any extend to quench his greed. Ramesh Dear Author,

One more thought which is lingering in my mind for a long time is about the other hypothetical dimension to this episode which is yet to be looked into by various agencies and I want to share the same through your blog so that readers can contribute on this aspect.

Is there any possibility to issue new share certificates or bogus share certificates with some share certificate numbers by violating all Company practices through the connivance of the Company Secretary as was being done with the collusion CFO in fudging company accounts?

By this he can pledge more number of shares with the banks so that he can have more money in his hand. Also he can give these shares to all the politicians like a complimentary pass and they can in turn cash it on market and all without spending even a pie from his own pocket. Why I am telling all these because he is a master crook with out any same and I am sure he will l go to any extend to quench his greed.

Ramesh

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