The root cause of Deccan Chronicle’s woes is the IPL cricket team Deccan Chargers which has sucked away liquidity
Posts tagged fraud
Ignore S&P Rating Downgrade & Buy Stocks: Shankar Sharma
Shankar Sharma shows his contempt for rating agencies and advises that we should buy portfolio stocks now
Rakesh Jhunjhunwala, Ramesh Damani & Raamdeo Agrawal's Investment Tips & Techniques
Rakesh Jhunjhunwala, Ramesh Damani & Raamdeo Agrawal give priceless tips on how investors should invest in shares, build their stock portfolio & find their own multibaggers
Rakesh Jhunjhunwala’s tips on how to find multibagger stocks
Rakesh Jhunjhunwala is not content with sharing his incredible investment techniques with the world (See Rakesh Jhunjhunwala’s investment techniques). Rakesh Jhunjhunwala now lets us in on the all-time important investment secret of all time – How to find multibagger stocks.
Another day, Another Scam
Raj Rajaratnam’s, the billionaire founder of Galleon Group, was the story that dreams are made of. However, he now stands charged in a $20 million insider trading scheme by the U.S. Securities and Exchange Commission. The SEC says that he didn’t deserve his reputation for “genius trading strategies” or “astute study of company fundamentals or marketplace trends” but that it was a simple case of insider trading.
I will treble your money!!
I am blessed by Mata Sikotar. I have divine powers. I can treble your money. If you give me one lakh today, I will give you three lakhs next week.
Satyam and Maytas Fraud
Ramalingam Raju, promoter of Satyam Computer Services has admitted that a massive fraud was committed by him and that the books of account of the Company are fraudulent. The text of the letter written by Mr. Ramalingam Raju is here.
Irrational Exuberance and Financial Scams
It amuses me that it is not just us ignorant in god-forsaken third world countries who get taken for a ride occasionally by smooth-talking scamsters but even storied and so-called sophisticated investors ……… The Bernard Madoff scam being a case in point. The list of defrauded victims reads like a who’s-who of the financial world. HSBC (1 billion), Royal Bank of Scotland Group PLC ($492,760,000), BNP Paribas, Nomura Holdings and hundreds of others.
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