Greed... Is there an end?
When I was in college, all of us from the so-called ‘middle-class’ were inspired by one name – Rajat Gupta, who lost his journalist father at the tender age of sixteen and then his mother two years later and went on to become the Managing Director of McKinsey, one of the world’s largest and prominent consultancy firm. Ramalinga Raju was born in the family of farmers and was just an ordinary commerce graduate from Vijayawada. He founded Satyam Computers and became an ideal for all the IT entrepreneurs as he brushed shoulders with the likes of Azim Premji & Narayan Murthy as his company scaled heights. Then something snapped… In 2009, Ramalinga Raju was imprisoned on charges of cheating, embezzlement and insider trading. And just a few days back, Rajat Gupta was apprehended by FBI for alleged securities fraud and insider trading. At the time of their incarceration, Ramalinga Raju and Rajat Gupta had a personal wealth of more than USD 1 billion and USD 100 million respectively, th...