Tuesday, January 13, 2009
Satyam: Part of the dreaded Game
Some thoughts thats disturbing me........comment if you really feel
Our police and other agencies, departments, military and judiciary all are corrupt.
Our political system is corrupt. So the whole system is corrupt morally, materially.
There is no justice.
There is no rights.
There are atrocities, killing, oppression, land grabbing, riots etcs.
Government carried-out genocide. killers roam scot-free
People killed like animals on regular basis. In our day to day life.
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The amounts that politicians routinely steal from the public dwarfs the amount that Mr Raju cooked his company’s books with. The politicians regularly get away with it. But Mr Raju will not get away. His actions have directly hurt his colleagues through the negative fallout on the whole IT industry. He will be made an example of because it must become clear to all that he is an exception and not the rule in corporate India.
The market is heavily manipulated. The driving force behind the meltdown is speculative trade.
There are several instruments including futures, options, index funds, derivative securities, etc. used to make money when the stock market crumbles.
The more it falls, the greater the gains.
Those who make it fall are also speculating on its decline.
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First, we had our 9/11 with 26/11. Now, we had our Enron. Wonder what’s next. Hope the next elections don’t throw up an Indian Bush.
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