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Satyam

January 8, 2009

Disgraced Satyam founder Byrraju Ramalinga Raju’s letter to the board of directors has sent shock waves around the world.

Disgraced Satyam founder Byrraju Ramalinga Raju's letter to the board of directors has sent shock waves around the world. In admitting that the Indian IT company's balance sheet contained non-existent cash worth over $1 billion, Raju (pictured) confirmed suspicions that the Madoff scandal was the tip of the iceberg.

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