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Satyam scandal highlights emerging market risks

Published January 7, 2009, 10:07 pm, Deccan Herald

The scandal, which is being dubbed by some analysts as India's Enron and compared to Bernard Madoff's alleged $50 billion Ponzi scheme in the United States, comes at a bad time for emerging markets.

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NEW YORK (Reuters) - A vast accounting scandal at India's Satyam Computer Services (nyse: SAY - news - people ) may increase investor nervousness about weak corporate governance and oversight in emerging markets. Satyam founder and chairman Ramalinga ...

Satyam scandal highlights emerging mkt risks - Zee News
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India will act to prevent corporate fraud: Govt - Financial Express
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