Tuesday, 13 January 2009

Disgrace Is Our New Grace - No No.. Hold on..!!

I am that kind of a Guy whose Brain cannot process Equations rationally. My thoughts go this way:

  • If I run out of Beer I say - Coke is my New Corona.
  • If I lose Money in Stocks I say - Loss is my New Profit.
  • If I got to take Bus for a reason I say - Bus is my New Car.

But it is against anybody's Identity and Living to say "Disgrace is My New Grace".

This is what has happened with Ramalinga Raju, I personally felt very bad for him when he had to go to prison and Media gave Extra Coverage on his Breakfast, Shower and Cellmates.

Couple of Interesting things here:

  1. If Mr Raju was a real Conman, he could have covered the whole mess he made by declaring a huge Loss in the Previous Quarter.
  2. He could have sent a wave of Layoffs and fired those Ficticious Satyamites on the Payroll. But he dint do that.
  3. Had he sensed the Great Fall, rather than admiting facts and going to Jail, he would have resigned from the CEO position in Mid 2008 itself.

My HorseSense says that he did not have enough Political contacts in the State, otherwise he could have well managed the defecit and bought more time for himself and the Corporate. With the level of Scams and Election Spending happenning in the Country, raising 5Billion for a month for a Man of Raju's level is not difficult.

God Only knows, but nobody can kill their own baby... and Raju is no exception.

Yesterday, a good friend of mine told me [before I read the news] - "Somebody out there heard you..!!". Yes Government is going to Bailout Satyam. Some how, I was happy for the fact that the New Year is giving another PayCheck to Satyamites rather than a PinkSlip.

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