Dear Friends,
Just received this humorous note from the Editor at Faking News:
Government buys out Satyam, to convert it into a bank...
"Dear Mr. Matai,
Your article on Indian money in Swiss banks:
Is India a Poor Country? Black Money, World Aid and The Coming Sovereign Crack Down of Tax Havens: IntentBlog (Search On Cite | Search On Google)
was an eye-opener.
I am a satirist, and I've used my own way to tell the world the truth that you are trying to tell:
FAKING NEWS: Government buys out Satyam, to convert it into a bank
Please take a look.
PP."
[ENDS]
Here is the whole article: Have a Laugh! Funny Side of the Satyam Saga: IntentBlog
We welcome your thoughts, observations, and views. Thank you.
With warm well wishes to you and family.
Regards,
Ravi Gangwani
From India, Mumbai
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1Just received this humorous note from the Editor at Faking News:
Government buys out Satyam, to convert it into a bank...
"Dear Mr. Matai,
Your article on Indian money in Swiss banks:
Is India a Poor Country? Black Money, World Aid and The Coming Sovereign Crack Down of Tax Havens: IntentBlog (Search On Cite | Search On Google)
was an eye-opener.
I am a satirist, and I've used my own way to tell the world the truth that you are trying to tell:
FAKING NEWS: Government buys out Satyam, to convert it into a bank
Please take a look.
PP."
[ENDS]
Here is the whole article: Have a Laugh! Funny Side of the Satyam Saga: IntentBlog
We welcome your thoughts, observations, and views. Thank you.
With warm well wishes to you and family.
Regards,
Ravi Gangwani
From India, Mumbai
Acknowledge(0)Amend(0)
Satyam is a private company that has duped BSE stockbrokers and investors.
The government of India owns many public sector companies which are marred by corruption and fraudulent practices by its employees. They are funded and financially assisted by the government of India against non-performance and incurring losses.
Another government practice is the government-administered price control mechanism, for example, oil & gas, fertilizers, etc. The government assures these PSUs of support with financial assistance and bearing the entire cost for inefficiency of these public sector companies, obviously including a huge amount of corruption and frauds in public sector companies.
It is needless to say that all public sector companies' top managements are among the richest Indians, but neither Income Tax nor the Vigilance Department has ever unearthed their wealth despite the huge administrative setup to unearth corruption in such public sector companies.
It's a biased matter of discrimination with one private company promoter who has risen on his own without government assistance, although his fraud is not defendable.
However, chairman and managing directors of public sector companies are amassing wealth, cheating the public, and eating public taxed money, but they do not receive the same treatment as the Satyam chairman and managing director.
This is the irony of the hypocrisy in our system.
Badlu
From Saudi Arabia
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The government of India owns many public sector companies which are marred by corruption and fraudulent practices by its employees. They are funded and financially assisted by the government of India against non-performance and incurring losses.
Another government practice is the government-administered price control mechanism, for example, oil & gas, fertilizers, etc. The government assures these PSUs of support with financial assistance and bearing the entire cost for inefficiency of these public sector companies, obviously including a huge amount of corruption and frauds in public sector companies.
It is needless to say that all public sector companies' top managements are among the richest Indians, but neither Income Tax nor the Vigilance Department has ever unearthed their wealth despite the huge administrative setup to unearth corruption in such public sector companies.
It's a biased matter of discrimination with one private company promoter who has risen on his own without government assistance, although his fraud is not defendable.
However, chairman and managing directors of public sector companies are amassing wealth, cheating the public, and eating public taxed money, but they do not receive the same treatment as the Satyam chairman and managing director.
This is the irony of the hypocrisy in our system.
Badlu
From Saudi Arabia
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Dear Ravi & Badlu,
Season's Greetings!
The funny side is:
1. After the post Satyam Saga, employees must watch 'Satyam Shivam Sundaram' movie.
2. One more thing, Satyam will need to change their keyboard design. Why? After everything is in loss, they need to change the numeric key of '+' into a small one and '-' key into the broader keys.
Thank you.
From India, Nagpur
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Season's Greetings!
The funny side is:
1. After the post Satyam Saga, employees must watch 'Satyam Shivam Sundaram' movie.
2. One more thing, Satyam will need to change their keyboard design. Why? After everything is in loss, they need to change the numeric key of '+' into a small one and '-' key into the broader keys.
Thank you.
From India, Nagpur
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