The incredible vanishing Satyam boss

Who's that familiar face...

on the Impanema?

You could not make this up...

Could you?

Buy cheap, buy twice.

Buy cheaper, you get what you f**king deserve.

fixed it for you :-)

for "The firm insisted it had carried out all work correctly and received sufficient supporting evidence."

read "The firm insisted it had covered it's arse."

"The company has about 53,000 staff ..."

I am no friend of outsourcing which has devastated the careers of many of my colleagues. In the brainless rush to make short term gains on the bottom line, an obsession which characterises most modern business “leaders”, outsourcing deals have left numerous IT, PR and security disasters in their path. The true cost of this is a tale yet to be told.

But I cannot help thinking about the tens of thousands of Indian workers whose jobs are now in real jeopardy. In these turbulent times they may have serious difficulties finding jobs and securing their futures. I take no pleasure in seeing them in this position and I hope that the damage done by the few corrupt and greedy men in India, and around the world, which put them in this position can be quickly rectified.

Amazing

Are the upper mangement types so incapable of speaking a word of truth. really his letter should have read along the lines of \

Yeah things are coming to a head here in Satyam and it wont take long for everyone to realise that i have been embezzling hundreds of millions of dollars to satisfy my own personal greed. To compensate I have been on a crusade to falsify all publicly available financial statements so you wouldn't find out.

There has been some fancy dancing by me and the CFO, when bribery wouldn't work, when PWC came through the door to verify that book of fiction we like to call our financial records. I earnt my pay check those days , let me tell you

In the coming days shareholder confidence is going to sink faster than the titanic The new upper management team will be taking the employees, customers and shareholders on a spin doctor ride of G force proportions attempting to save the company, though unlikely The spice girls reunion tour had more chance of success than the company does now.

Although you will be facing hard times looking for employment in these harsh economic times, or you will be counting your losses from investing in my company, or you are one of our unfortunate customers looking for a way to piece together the shattered remains of that outsourcing project (pity you if you were the driving force behind that decision) or you are hoping they simply don’t turn the power switch off on all your mission critical servers I feel I must point out a silver lining to this horrible situation.

I got away with it. Yep as you are reading this I have already skipped the country to a nice little corner of the world withal of my ill-gotten gains. I think you would enjoy it if you weren’t so busy running around trying to pick up the pieces of the economic disaster I created.

A wise man once said, Greed is good, Greed works” Well, it does. For me at least