Investor's Corner
COMPANIES THAT FAILED INVESTORS
When corporate frauds are mentioned, the most famous case that comes to mind is that of Satyam Computer Services. While the high profile Satyam Computers hogged all the limelight, there were several lesser known companies, that did exactly that. Unlike Satyam, they sank like a stone, leaving scores of shareholders poorer. ...
MoreHOW MR. WOMACK MADE A KILLING
The following is a 35 year old article (October 1978). The story dispels the several notions about investing and portrays it as not so complicated as some make it out to be. Read on..... Right after I was discharged from the Army at the close of World War II and went into the drilling-rig business, on the side (and at first as a hobby) I began b...
MoreTHE CURIOUS CASE OF PAREKH ALUMINEX LTD.
Among the numerous con tricks that some public listed companies play, this one takes the cake. It gets this award for three reasons – for the magnitude, for the long duration that the fraud carried on and for duping investment banks, prominent research houses, brokers and even prestigious magazines. Had it not been the death of its CMD, Am...
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