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Is Satyam Really India’s Enron?

January 18, 2009 /

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"India’s Enron" is how the country’s commentators are (predictably) characterizing Satyam Computers following the resignation this week of its founder and chairman, B. Ramalinga Raju, amid revelations of widespread accounting fraud at the global IT service provider. Having had the opportunity to interview Raju in July, as well as former Enron CEO Jeffrey Skilling months before his company’s fall from grace in 2001, I feel more qualified than most to comment on that comparison, which is right on and dead wrong for several reasons.

By Rob Preston
InformationWeek

Full Story: http://www.informationweek.com/news/services/outsourcing/showArticle.jhtml?articleID=212701173

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