Friday, January 9, 2009

Politics v/s Business

The Satyam fiasco is being touted as the Enron of India. Our obsession with the US does not seem to end.

Close to 53000 employees stand to loose their job, millions of share holders loose their life savings and the credibility of the Indian IT sector takes a beating. Ramalinga Raju is the new symbol of hate. Blood is what we want. 2 lawsuits have been filed against Raju in the US and he may do 7 yrs in prison. Flying off the handle I feel this is a conspiracy to divert attention from the 26/11 tragedy, but that's just me. With election around the corner anything is possible....

How is running Satyam different from running a country? I know the scale and dynamics are different but so are the resources and power at a government's disposal. Raju, was not born with a sliver spoon in his mouth...(rephrased)...a CPU up his arse and did not have a line of code as a tattoo. He build Satyam from scratch. So how does the equation work?

UPA - India 26/11 = USA 9/11 leads to bollywood tours, dialogs and a few resignations.

Raju - India Satyam = USA Enron = resignation, lawsuits, jail time and attempted suicide.

If pushed right Raju should be able to cough up compensation for everybody hit and the fired employees will eventually find employment.

The government let's terrorists enter the country, kill over 200 people in Mumbai (the financial capital), attack and destroy the symbols of prosperity and what happens to the government? NOTHING. No lawsuits, jail time or suicides. What happens is the they retained Delhi and recaptured Rajasthan.

So baccha log....inspire not to be entrepreneurs cause:

VIPs > CEOs+CFOs+COOs+MDs+CMOs

3 comments:

Rakesh said...

So so Apt...

I mean, the most we could do was gather at the Gateway of India and show how smart we are by way of placards...

they retained Delhi and recaptured Rajasthan...

Classic :)

btw, wht'll happen next is someone will make a movie on 26/11 and on Satyam - check my post about the Satyam movies :)

Rakesh said...

and btw, I am married... So the term 'perfect husband' sounded like an Oxymoron :P

Satyajit said...

Rakesh:
Ha ha. yea, placards are as patriotic as we get. bolloywood is our only outlet....so i see all tragedies go to the talkies