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Satyam fiasco like 26/11, difficult to stop: LIC

New Delhi: The Satyam scam was so sudden and severe that even the best brains could not have stopped it, just like the terror attacks in Mumbai, the IT firm's major shareholder LIC said on Thursday. "It can be equated with terrorists sneaking into Mumbai and killing hundreds of persons and nobody with the ....Read more

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satyam fiasco- lic versionBy: KCRCHANDRAN | Thursday , 22 Jan '09 15:17:49 PM Reply | Forward Utter non-sense !!! A man of such a stature as Vijanyan is making statement which nobody can digest. The Satyam incident is not like 26/11 to which every othe fiasco can be comparesd. 26/11 was a spontaneius attack which could have been avoided if our forces responsible to protect our boarders were acted proptly . Satyam incident is one which happend during a period of 7 years ! There were scores of Agencies in place to protect the syatem. SEBI , AUDITORS and scores of others. They were all acting together and sharing the money. All involved had a hand in it. The revelations coming out partially every day proves that. Politianan also have equal hand. Raju burst , because he could not hold it any futher. Demands from various corners might have been so high that his options were dried to meet with that. Vijayan , who heads an institution many times bigger than Satyam should not have made such comments. Hope , LIC , is not in line with Satyam ! IF NOT SURE , do not react !!!

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