Wednesday, January 14, 2009

Satyam & Bailout

At last.......... i am also blogging. Hope to follow more blogs and hope to blog about more and more things and hope to follow more bloggers across the world.

here is my first one

Looks like Bailout becomes a Fashion around the world.

Capitalistic country like US bails out Auto makers and Financial institutions, they are thinking it will sove the problem in the main street.

There are bailouts in Europe.

Buy Why India, I dont understand the logic of thinking about bailing out Satyam. Its a problem created by a Greedy person who thought he can fool people all the time.

We should let satyam fight this phase out, because they have good clients to pay the amounts. There will be layoffs, Govt will allow the company to survive on its own.

If you bailout one, Satyam will become a bad example in the future.

lets see what happens.