Wow. Satyam Computer Services, the world's fourth-largest systems integrator, just declared that $1 billion, or roughly 95 percent, of its Q2 cash...isn't.
Wow. 53,000 employees serving one-third of the Fortune 500, and yet so much of its heft is a lie. Virtually all of the cash and bank loans Satyam reported in its second quarter do not exist. More than $1 billion in paper lies.
How it … Read more