Ramalinga Raju of Satyam is nothing but a downright Cheat and a Dishonest and Fradulent promoter…however he did have the courage to confess this morning….yet he cannot be trusted
Satyam closed at just Rs 40,down Rs 138 from Rs 175
BSE,NSE and SEBI must check that Ramalinga Raju and his coterie did not benefit monetarily from this fall by shortselling Satyam earlier,knowing that the release of the Bombshell Confession Letter this Morning will murder the Share Price
How can they check this ?…just list all who shorted Satyam significantly in the past few days till this morning and made a killing…..then trace their bonafides and see if there is any link of Funds Flow or Relationships to Satyam and Maytas Promoters and their Coterie
I for one suspect that Ramalinga Raju would not have missed even this chance to benefit monetarily !