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

Trade Brains

Mr Raju used his personal computer to create a number of bank statements in order to inflate the balance sheet with cash that simply did not exist. PwC was found guilty and its license was temporarily revoked for 2 years. On 4th November 2011, bail was granted to Raju and two others accused. 7000 crores.

Banking 131
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How To Afford a House These Days

Mr. Money Mustache

This is about triple the price they were when I started writing in 2011, which means houses are much further out of reach for the average person in my area. So when it comes to houses, you run the numbers, then decide between renting or buying or house hacking. What’s the best way to procure it, after considering all the points above?

License 91
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Small Caps: The Big Picture

Brown Advisory

As a result of this success, approximately half of companies in the Russell 2000 ® Growth Index (R2G) by weight, and more than half by number of stocks mades zero earnings (Exhibit 2). Exhibit 2: Nonearners as percentage weight and percentage of number of stocks in R2G Source: FactSet Research Systems; Russell Investment Group; Jefferies.

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Small Caps: The Big Picture

Brown Advisory

As a result of this success, approximately half of companies in the Russell 2000 ® Growth Index (R2G) by weight, and more than half by number of stocks mades zero earnings (Exhibit 2). Exhibit 2: Nonearners as percentage weight and percentage of number of stocks in R2G. Exhibit 1: Performance of earners vs. nonearners.

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Government Debt and Stock Returns

ClearMoney

General government debt tends to be a larger number than central government debt held by the public, as the former includes intragovernmental holdings and state and local government debt. Reuters (2011). US Department of the Treasury (2021). General government debt from OECD (2021). Using data from International Monetary Fund (2021).

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Is $22 Trillion a Tipping Point?

ClearMoney

2General government debt tends to be a larger number than central government debt held by the public, as the former includes intragovernmental holdings and state and local government debt. 5Reuters (2011). 1US Department of the Treasury (2021). 3General government debt from OECD (2021). REFERENCES Becker, Bo, and Victoria Ivashina.

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The Better Letter: Incentives Matter

The Better Letter

That reference grants me license to revisit this wonderful clip of Jon Stewart’s appearance on that now long-dead CNN show. Seatbelt laws increase the number of seatbelt wearers. The concept was revived again briefly in March 2003, this time featuring Bob Dole and Bill Clinton, former opponents in the 1996 presidential election.