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<a href="http://www.accessmylibrary.com/article-1G1-191920656/crisis-exposes-all-flaws.html" title="Facts and information about The Crisis Exposes All The Flaws.(Satyam Computers' CEO Ramalinga Raju resigns after inflating the company's profits for years)(Brief article)">The Crisis Exposes All The Flaws.(Satyam Computers' CEO Ramalinga Raju resigns after inflating the company's profits for years)(Brief article)</a>
The Crisis Exposes All The Flaws.(Satyam Computers' CEO Ramalinga Raju resigns after inflating the company's profits for years)(Brief article)
Newsweek International
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January 19, 2009 |
COPYRIGHT 2009 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Warren Buffett once said, "It's only when the tide goes out that you realize who has been swimming naked." Well, it's ebb tide for the global economy, and high-flying companies are being caught in the buff. The latest hapless swimmer? Ramalinga Raju, CEO and founder of Satyam Computers, India's fourth-largest tech firm. Satyam worked with more than a third of the Fortune 500, and claimed good financial health. But last week Raju resigned after confessing to inflating the company's profits for ...
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Source: HighBeam Research, The Crisis Exposes All The Flaws.(Satyam Computers' CEO Ramalinga...