Wednesday, January 7, 2009

Outsourcing mess

I warn people that sending critical components of our infrastructure offshore is filled with danger. Well now Satyam Computer Services a major outsourcing firm from India admits that it is filled with fraud. In what could be an Indian Enron we see that according to founder Ramalinga Raju approx $1 billion or 94% of the available cash on the firms's ledger was falsehood. The name Satyam which in the Sanskrit language means "truth" is a company filled with falsehood. How can we trust a crook with sensitive patient records or credit card numbers?

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