Wednesday, January 7, 2009

Resignation Letter of B Ramlinga Raju

As soon as Mr. Raju announced the RESIGNATION with admission of FRAUD, SATYAM stocks as well as market started crumbling down. Finally markets closed almost 7% (both BSE & NSE) and SATYAM closed with 78% down (Rs. 140 down from its previous closing 179).

Here is link for Mr. Raju's resignation letter which started a storm in financial markets....

http://www.outlookindia.com/specialfeature/Satyamletter.pdf

No comments: