Satyam's Moment of Truth Is at Hand [View article]
Ashish,
Well said. Everyone does make some mistakes in their life. Satyam Chief acted out of greed, but now I think he regrets having brought such a trouble to the company he created. Leaving the present management to continue with a new vigilant board and active shareholders seems the best thing for Satyam.
Satyam should meanwhile return at least 50% of their cash holdings ( which I think will be 1.2-1.3 billion today ) preferably through buy-back, or at least as a special dividend would be nice.
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Ashish,
Jan 06 10:22 am
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All Comments by ithas »Satyam's Moment of Truth Is at Hand [View article]
Well said. Everyone does make some mistakes in their life. Satyam Chief acted out of greed, but now I think he regrets having brought such a trouble to the company he created. Leaving the present management to continue with a new vigilant board and active shareholders seems the best thing for Satyam.
Satyam should meanwhile return at least 50% of their cash holdings ( which I think will be 1.2-1.3 billion today ) preferably through buy-back, or at least as a special dividend would be nice.