Reminds me of https://www.ft.com/content/c1231f40-f695-11e7-88f7-5465a6ce1a00 https://www.ft.com/content/c1231f40-f695-11e7-88f7-5465a6ce1... . Excerpt from art

Reminds me of https://www.ft.com/content/c1231f40-f695-11e7-88f7-5465a6ce1a00 https://www.ft.com/content/c1231f40-f695-11e7-88f7-5465a6ce1... . Excerpt from article - -------------- Ramalinga Raju, Satyam’s then chairman, admitted to overstating the company’s cash balance by $1bn, as well as exaggerating the company’s headcount by 13,000. “It was like riding a tiger, not knowing when to get off without being eaten,” he wrote of the growing deception. The company later admitted that the total irregularities amounted to $1.7bn. ---------------------- How these things get past auditors is beyond me.