article thumbnail

Satyam Scam – The Story of India’s Biggest Corporate Fraud!

Trade Brains

The Satyam scam (Satyam computers scam) was finally exposed early in 2009. As the investors were still coping up with the failed acquisition of Maytas and the allegations by the World Bank on January 7th, 2009 the markets received the resignation by Mr Raju and along with it a confession that he had manipulated accounts of Rs.

Banking 131
article thumbnail

Midyear Outlook 2022 | Navigating Turbulence | July 12, 2022

James Hendries

So far, this year hasn’t seen a full-blown crisis like 2008–2009 or 2020, but the ride has been very bumpy. Insurance products are offered through LPL or its licensed affiliates. We may not be flying into a storm, but there’s been plenty of turbulence the first part of 2022.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Client Letter | Midyear Outlook 2022: Navigating Turbulence | July 12, 2022

James Hendries

So far, this year hasn’t seen a full-blown crisis like 2008- 2009 or 2020, but the ride has been very bumpy. Insurance products are offered through LPL or its licensed affiliates. Dear Valued Investor, Markets rarely give us clear skies, and there are always threats to watch for on the horizon.

Clients 52
article thumbnail

How To Afford a House These Days

Mr. Money Mustache

Over my retirement I’ve seen it: written off as just a phenomenon of the lucky winners of the 2000 Tech Boom declared obsolete after the 2009 Financial Crisis dismissed as a temporary fluke of the spectacular stock market of the 2010s and explained away as a Covid-era side effect that came from the taste of freedom that people got from remote work.

License 91
article thumbnail

Vijay Mallya Scam Demystified | Vijay Mallya Case Study

Trade Brains

In 2009 Vijay Mallya once again bid successfully for the belongings of Mahatma Gandhi at US$ 1.8 In 2009 Kingfisher Airlines became the Indian market leader with a market share of 22.9%. Finally, the grounding of Kingfisher Airlines in 2012 and the cancellation of its license in December 2012 ended the Kingfisher journey.

Banking 52
article thumbnail

Pockets of Vulnerabilities | Weekly Market Commentary | October 10, 2022

James Hendries

Memories of 2008-2009 are still vivid even though global banks, overall, are in much healthier shape due to stringent regulations put in place following the crisis. Insurance products are offered through LPL or its licensed affiliates.

article thumbnail

New Bull May Need a Breather | Weekly Market Commentary | June 26, 2023

James Hendries

The median performance, at 25.4%, is a better representation of where stocks might normally be at this stage because it takes out the ferocious V-shaped rebounds coming out of the 2008-2009 Great Financial Crisis and the early stages of the pandemic in March 2020. Insurance products are offered through LPL or its licensed affiliates.