When we were younger – in school and college, the White man spoke DOWN to us telling us what is right and what is wrong. Now we know that Dr. ManMohan Singh is better than Obama, and all our RBI governors are far, far, far superior to Ben Bernanke and his great predecessor!
We of course know how clean they are – Martha Stewart, Worldcom, Enron, AIG, ….of course they have Warren Buffet who defends Goldman Sachs and Moodys.
Man, money makes the mare talk!
Now if an Indian company had run a factory in US and killed 15,000 people, and another 150,000 children were born with defects…Obama would have declared war on India.
But our court has not mentioned anything about the absconding then Chairman of Union Carbide. The Vice-Chairman and a group of people have got some punishment. At worst they will get 2 years in jail. Of course they will appeal and there is a good chance that Mr. Keshub Mahindra will get convicted after 8-10 years, when he will appeal using age as an excuse. And Mr. Mahindra is on the board of the best of Indian companies. Mera Bharat Mahan.
Saddened, and convinced that D&O should not be bought in India – you do not need it at all. Our courts ensure justice for the upper classes. Sanjeev Nanda, ….many others will vouch for this.
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