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coxapple
ParticipantOff topic…………. for interest
IT insourcer Satyam got rid of a chunk of their workforce in a different way.
————————————————-Details of alleged Satyam fraud emerge
By Joe Leahy in Mumbai and Varun Sood in Hyderabad
Published: January 22 2009 09:25 | Last updated: January 22 2009 09:25
The former chairman of Satyam Computer Services, B Ramalinga Raju, invented more than one quarter of the Indian company’s workforce and siphoned off the salaries of these fictitious employees for his own use, the government prosecutor alleged on Thursday.In the first public comments by investigators on the fraud at India’s fourth-largest IT outsourcing group, the public prosecutor of India’s southern Andhra Pradesh state, Gangaraj Prasad, told the Financial Times that police believed the true size of Satyam’s workforce was 40,000 – not 53,000 as the company claims.
ParticipantOff topic…………. for interest
IT insourcer Satyam got rid of a chunk of their workforce in a different way.
————————————————-Details of alleged Satyam fraud emerge
By Joe Leahy in Mumbai and Varun Sood in Hyderabad
Published: January 22 2009 09:25 | Last updated: January 22 2009 09:25
The former chairman of Satyam Computer Services, B Ramalinga Raju, invented more than one quarter of the Indian company’s workforce and siphoned off the salaries of these fictitious employees for his own use, the government prosecutor alleged on Thursday.In the first public comments by investigators on the fraud at India’s fourth-largest IT outsourcing group, the public prosecutor of India’s southern Andhra Pradesh state, Gangaraj Prasad, told the Financial Times that police believed the true size of Satyam’s workforce was 40,000 – not 53,000 as the company claims.
ParticipantOff topic…………. for interest
IT insourcer Satyam got rid of a chunk of their workforce in a different way.
————————————————-Details of alleged Satyam fraud emerge
By Joe Leahy in Mumbai and Varun Sood in Hyderabad
Published: January 22 2009 09:25 | Last updated: January 22 2009 09:25
The former chairman of Satyam Computer Services, B Ramalinga Raju, invented more than one quarter of the Indian company’s workforce and siphoned off the salaries of these fictitious employees for his own use, the government prosecutor alleged on Thursday.In the first public comments by investigators on the fraud at India’s fourth-largest IT outsourcing group, the public prosecutor of India’s southern Andhra Pradesh state, Gangaraj Prasad, told the Financial Times that police believed the true size of Satyam’s workforce was 40,000 – not 53,000 as the company claims.
ParticipantOff topic…………. for interest
IT insourcer Satyam got rid of a chunk of their workforce in a different way.
————————————————-Details of alleged Satyam fraud emerge
By Joe Leahy in Mumbai and Varun Sood in Hyderabad
Published: January 22 2009 09:25 | Last updated: January 22 2009 09:25
The former chairman of Satyam Computer Services, B Ramalinga Raju, invented more than one quarter of the Indian company’s workforce and siphoned off the salaries of these fictitious employees for his own use, the government prosecutor alleged on Thursday.In the first public comments by investigators on the fraud at India’s fourth-largest IT outsourcing group, the public prosecutor of India’s southern Andhra Pradesh state, Gangaraj Prasad, told the Financial Times that police believed the true size of Satyam’s workforce was 40,000 – not 53,000 as the company claims.
ParticipantHey, what’s wrong with San Antonio.
ParticipantHey, what’s wrong with San Antonio.
ParticipantHey, what’s wrong with San Antonio.
ParticipantHey, what’s wrong with San Antonio.
ParticipantHey, what’s wrong with San Antonio.
November 29, 2008 at 9:09 AM in reply to: Why are so many piggs happy about crashing RE prices? #310270ParticipantCA renter
I would go for local nominal GDP or Income per capita as the key long term (higher than inflation) , but who knows.
I suspect the boom stated from a ‘normal’ level around 98/99 in relation to such a metric and we are back there now. But the long term investor needs to wait for the job losses and bonus cuts to happen and then cease before buying.
November 29, 2008 at 9:09 AM in reply to: Why are so many piggs happy about crashing RE prices? #309800ParticipantCA renter
I would go for local nominal GDP or Income per capita as the key long term (higher than inflation) , but who knows.
I suspect the boom stated from a ‘normal’ level around 98/99 in relation to such a metric and we are back there now. But the long term investor needs to wait for the job losses and bonus cuts to happen and then cease before buying.
November 29, 2008 at 9:09 AM in reply to: Why are so many piggs happy about crashing RE prices? #310207ParticipantCA renter
I would go for local nominal GDP or Income per capita as the key long term (higher than inflation) , but who knows.
I suspect the boom stated from a ‘normal’ level around 98/99 in relation to such a metric and we are back there now. But the long term investor needs to wait for the job losses and bonus cuts to happen and then cease before buying.
November 29, 2008 at 9:09 AM in reply to: Why are so many piggs happy about crashing RE prices? #310187ParticipantCA renter
I would go for local nominal GDP or Income per capita as the key long term (higher than inflation) , but who knows.
I suspect the boom stated from a ‘normal’ level around 98/99 in relation to such a metric and we are back there now. But the long term investor needs to wait for the job losses and bonus cuts to happen and then cease before buying.
November 29, 2008 at 9:09 AM in reply to: Why are so many piggs happy about crashing RE prices? #310163ParticipantCA renter
I would go for local nominal GDP or Income per capita as the key long term (higher than inflation) , but who knows.
I suspect the boom stated from a ‘normal’ level around 98/99 in relation to such a metric and we are back there now. But the long term investor needs to wait for the job losses and bonus cuts to happen and then cease before buying.
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