Wednesday, January 07, 2009

So the sh*t hits the fan...

Ramalinga Raju resigns. I'm not the one to sit and analyze what happened, why it happened etc., but I'll just say that I wasn't too surprised. Satyam, despite being a company from my home state, never inspired much respect in me. There are a lot of reasons that I won't go into, but it's sad, and it is to be expected. What's happening is definitely a good thing in the long run, because this is what capitalism is best at - weed out inefficient companies.

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