Wednesday, January 07, 2009

Ramalinga Raju--A tough couple of weeks for rich crooks

Stepping in front of trains, slashing wrists, messing with the minds of their friends, foundations and children. And now the outsoucing business guru in India who began with John Deere in Illinois after graduating from Ohio University and Harvard.
    "Today, Satyam has over 53,000 employees on its payrolls, spread across 60 countries. In an interview with ET in 2007, Mr Raju had described his entry into the infotech sector as “a naïve decision.” What Raju calls naiveté — in effect a pioneering spirit motivated by passion and not profit — was backed by the hard edge of a keen intellect."
And he was cooking the books. July interview.

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