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Finance Fridays

Satyam Shivam Scandalam

Finance Fridays It has been over a decade since Ramalinga Raju’s Satyam Computers shook the Indian markets. One of India’s fastest growing IT companies, then the 4th largest, disappeared in thin air, with billions in market cap lost. This is the story of India’s Enron. In 2007, Ramalinga Raju was named as the Ernst & […]

Categories
Finance Fridays

The Enron Scam

Enron was one of the world’s most creative corporations. America’s seventh largest company, over 30,000 employees, and then a scam that led to a share price high of $90.75 fall to $0.26. Finance Fridays Enron was once the seventh largest company in the United States. They were behemoths in the energy and trading markets. Their […]