Of Frauds and Foul Plays.

I was following the Satyam Computer's fraudulent image brought into the open.The question that arises is where were the auditors?Also the banker's to whom the annual balance sheet should be given.I think just like a very small man defrauding the Bank after taking a loan and moving off to another city, this ajor I.T. company too defrauded easily.I used to worry about the Poojari loan mela's in Banks.There were lots of loans given to moving population like a vegitable vendor, Iron shop man, and coconut vendors etc.Some really did well and paid and lots did not.Mostly Banks were providing for them as bad debts.

Now Satyam defrauding by showing revenue that was not earned at all, maens here is a man who just inflated his product and was defunct in a day.At this time I remember the suicide of a major film maker who was Mani Rathnam's( I hope I am correct as to the identity),G.V.Iyer? because he could not repay the loans he took.So too Silk Smitha an actress( Vamp actress) who fell prey to money lending and not getting it back.So money is a cause for downfall and misery.

Jayamala.