*Hello Friends!!!* * **Satyam had nothing by way of a balance sheet and it had been cooking its books for the last many quarters, fabricating lies for the benefit of all its shareholders, for its independent directors and other directors and perpetrating a lie that went through for several years before he chose to confess this morning. ***
*The result: the Satyam stock lost 75% of its market cap, a huge collateral damage took place across the market that tanked 750 points raising a lot of apprehensions about how the world would see it both for the IT services sector, the Indian corporate sector and its standards of governance and also to how FIIs would react to such an episode.*** <http://www.cafestocks.com/mktMonitor.do?page=6> *Complete Story* <http://www.cafestocks.com/mktMonitor.do?page=6> * * Breaking news at *http://www.cafestocks.com/news* Stock market commentary at *www.cafestocks.com/marketpulse* Stock Screeners at *www.cafestocks.com/stockscreen <http://www..cafestocks.com/stockscreen>* Sector screeners at *www.cafestocks.com/ sectorscreen<http://www.cafestocks.com/%20sectorscreen> * Intraday and eod charts with technical analysis at *www.cafestocks.com/charts* *Register Today!!! <http://www.cafestocks.com/register>* --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
