Satyam Chairman: We're Just A Gigantic Fraud, Too

Another day, another deca-billion dollar fraud:
"Dear Board Members,
"It is with deep regret, and tremendous burden that I am carrying on my conscience, that I would like to bring the following facts to your notice..."
WSJ: Satyam Computer Services Ltd. Chairman B. Ramalinga Raju Wednesday resigned admitting to falsifying company accounts and inflating revenue and profit figures over several years, sending the company's shares plunging 78%.
In a letter to the company's board, which was released ... Read more...