Some are calling the accounting scandal in India, "India's Enron". Satyam Computer Services falsely inflated profits for years. Today their shares tumbled 80%.
I guess we taught them well.
Soon they might well be outsourcing work to the USA - an emerging third world country.
Tuesday: Case-Shiller House Prices, New Home Sales, FOMC Minutes and More
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Near Lowest Levels in a Month
Last Monday, mortgage rates were near the ...
16 hours ago
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