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	<title>zenPeak Blog &#187; India</title>
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	<description>peak performance</description>
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		<title>Scum Dog Millionaire &#8211; now he&#8217;s stuck in the outsource outhouse</title>
		<link>http://zenpeak.com/blog/2009/01/07/scum-dog-millionaire-now-hes-stuck-in-the-outsource-outhouse/</link>
		<comments>http://zenpeak.com/blog/2009/01/07/scum-dog-millionaire-now-hes-stuck-in-the-outsource-outhouse/#comments</comments>
		<pubDate>Wed, 07 Jan 2009 16:59:35 +0000</pubDate>
		<dc:creator>admin2</dc:creator>
				<category><![CDATA[peak performance]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[zenpeak]]></category>
		<category><![CDATA[zenPeak more]]></category>
		<category><![CDATA[accounting fraud]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Satyam]]></category>

		<guid isPermaLink="false">http://www.proximitypower.com/?p=104</guid>
		<description><![CDATA[Satyam founder, Ramalinga Raju has admitted to being a liar and a cheat. His company name, Satyam means &#8220;truth&#8221; He has admitted to falsifying the financial records of SATYAM a leading Indian publicly traded company.  Ramalinga Raju, is not a slumdog millionaire but a man who took his family&#8217;s agricultural roots, and grew them into [...]]]></description>
			<content:encoded><![CDATA[<p>Satyam founder, Ramalinga Raju has admitted to being a liar and a cheat. <strong>His company name, Satyam means &#8220;truth&#8221;</strong></p>
<div id="attachment_106" class="wp-caption alignleft" style="width: 210px"><img class="size-medium wp-image-106" style="margin: 0px 6px;" title="INDIA-IT-SATYAM-COMPANY-EARNINGS" src="http://www.proximitypower.com/wp-content/uploads/2009/01/lying-in-public-200x300.jpg" alt="Lying in public" width="200" height="300" /><p class="wp-caption-text">Lying in public </p></div>
<p>He has admitted to falsifying the financial records of SATYAM a leading Indian publicly traded company.  Ramalinga Raju, is not a <strong>slumdog millionaire</strong> but a man who took his family&#8217;s agricultural roots, and grew them into a successful conglomerate, most notably as a computer services offshore outsourcing powerhouse. Now Raju and his company are in the <a href="http://www.business-standard.com/india/storypage.php?tp=on&amp;autono=52369" target="_blank">outsource outhouse</a>. Ramalinga Raju was an <strong><a href="http://www.iloveindia.com/indian-heroes/ramalinga-raju.html" target="_blank">Indian hero</a> </strong>and has delivered <a href="http://www.watblog.com/2009/01/07/satyam-chairman-ramalinga-rajus-resignation-letter-goes-online/"><strong>The Mea Culpa &#8211; &#8220;what I did and why&#8221;</strong></a> to the Board of Directors.</p>
<p>- Frank Abrams is the founder of the <a href="http://www.zenpeak.com" target="_blank"><span class="SpellE"><span class="spelle">zenPeak</span></span></a><a href="http://www.zenpeak.com" target="_blank"> Inc.</a> , helping companies find and retain peak performers.</p>
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