Sathyam Scandal - A Big Setback

I am one of those people who have still not come out of the shock one of the biggest tycoon in the software industry has caused to lakhs of stakeholders( Mainly Investors, Employees and others who are connected with the Industry in some way or the other). Shocked is the word anyone could respond in reply to the major setback in industrial arena. I am quite bewildered how can such an inflation ( to the tune of 5040 Crores ) and that too over a span of time . What does this awaken us to?

A Investors puts in his hard earned money into a big company hoping one day it would reap him great fortunes . Forgot about helping him realising his dream, atleast is it not the responsibility of the business to keep him informed about the real fortune of the company and where is the company really heading to? But instead wat an investor is gifted is Inflated cash balance, a illusionary accrued interest and understated liability/overstated debtor balance??? By keeping the investor and other stakeholders in darkness, what fruit has d firm earned for itself?

I dont understand the part how can such a big company be blindsided to such a big and emerging issue? The funniest part of this story is the audit of the firm being carried out by a International firm . Pressure to keep up with the pace of growth in the industry or to please the stakeholders is all mere crap. It cannot be accepted as a reason to face this biggest blow it has brought about.

Anyways its all done, atleast this should be a wake up call to the investors to participate more and educate themselves of wats happening in the place where they have put the money that is earned in sweat and blood rather just being a mere spectator of the share market. More Strict Regulations and Constant Review is the need of the hour .