Disqus - Latest Comments for realitycheck

Re: Copenhagen Consensus

realitycheck — Sun, 12 Nov 2006 23:55:23 -0000

I agree about the top items being communicable diseases.

I am kind of surprised to find that my two biggest and favorite causes - wildlife and forest conservation are not even on the list.

Re: Copenhagen Consensus

realitycheck — Mon, 13 Nov 2006 14:02:15 -0000

Thanks for the link. I used to lap up environment related stories years back, now I cant see past fundamental issues related to the "ground rules" of society.

Yes, I get his point of view.

Given the qualifiers, the list makes sense.

Personally from an Indian perspective, I need to square these qualifiers with ground realities. As we speak, prehistoric rivers in Tamilnadu and AP are being mined for their sand. These pits are upto 15 feet deep. India will eventually overcome all her internal squabbles and rise economically. This will happen with or without external help. Along the way, there may be tragedies, diseases, class wars, even a moment of truth. We will eventually get there. These rivers are gone forever. If I were a donor I would subsidise alternate building materials such as flyash bricks or steel, or fund awareness campaigns. The west can play a role here because environmental awareness is strictly off the radar of Indias policies today. We are still figuring out and testing the limits of "ground rules".

Re: Satyam fraud, unravelling the mystery

realitycheck — Thu, 08 Jan 2009 00:11:38 -0000

Excellent post !

>> They wanted to dig a hole and bury this thru the Maytas deal but it was not possible. >>

If Maytas was a do or die deal why did he not go ahead despite shareholder protests. He had the unanimous board approval. Did he require any other approval at the AGM, which he feared he would not get ?

It is also hard to believe their profits were so low in reality. There is not much to distinguish Satyam from the others when it comes to capabilities, service offerings, number of H1B visas on hand etc.

I also think a really nosey and persistent auditor might have been the immediate provocation for the fax.