shivapillai
October 12th, 2009, 11:56 PM
Imagine if there was a prize or an award for those who had undertaken fraudulent activities - some of the biggest, nastiest - in the past or the present. Who do you think would be the top contenders? Some that I could think of:
1. Jerome Kerviel - SocGen
2. Nick Leeson - Barrings Bank
3. Ramalinga Raju - Satyam
I was quite impressed with Jerome's fraudulent talent - given the fact that this was the single biggest internal fraud in the history of investment banking, resulting in a loss of over $7 billion.
Your toughts :)
1. Jerome Kerviel - SocGen
2. Nick Leeson - Barrings Bank
3. Ramalinga Raju - Satyam
I was quite impressed with Jerome's fraudulent talent - given the fact that this was the single biggest internal fraud in the history of investment banking, resulting in a loss of over $7 billion.
Your toughts :)