Ready for a blind date??

“While the accounts restatement in a formal sense and the audit is going to take a long time, the clarity with regard to the real situation [of the firm’s business] is fairly clear,” Satyam chairman Kiran Karnik ...

I dont understand the logic behind the above statement..

We say that the publically available financial statements are wrong <cooked up>

We say that the employee strength is not what is said

We say that it is not clear as to the involvement of other Sr management members in the scam

to top it all ,

this are testing times for the industry even under normal working situations

Major clients have started looking at BCPs

Law suits against the company (a few are there and many more getting ready- under different laws , in india and US)

Stake holder lossess still not clear < employees , share holders, partners , etc>

Employee groups demanding participation in the revival process <they lack confidence in the current management tem>

and the Billion dollor question is why would be an investor be as optimistic as Kiran karnik to throw his money now .......with unlimited undefined/identified liabilities and ofcourse defined limited opportunities ........beats me..