Remove 2009 Remove Ethics Remove Numbers
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Satyam Scam – The Story of India’s Biggest Corporate Fraud!

Trade Brains

A Case Study on ‘Satyam Scam’ Accounting Scandal: When the 2008 recession hit the world, India was not only going through a financial crisis but also an ethical crisis. The Satyam scam (Satyam computers scam) was finally exposed early in 2009. The date was later revised to 10th January 2009. 7000 crores.

Banking 131
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Transcript: Jeffrey Becker, Jennison Associates Chair/CEO

The Big Picture

00:14:50 [Speaker Changed] Yeah, it was about the middle of 2009. And then as we got into 2009, companies were starting to sort out, you know, where they were. And that’s, and it was about mid 2009 where ING decided to take, take the state aid. So 2008, you know, as you remember, Barry fourth quarter was chaotic.

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Bridgewater’s Dalio Gets Billions To Retire

Validea

And while Dalio has often promoted workplace ethics and “radical transparency” by making internal meetings available to the entire firm and encouraging employees to rank each other, the agreement under which he stepped down has been kept secret, with employees telling The New York Times that they could be sued by Bridgewater if they spoke publicly.

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Transcript: Luis Berruga, Global X ETFs

The Big Picture

And I did the math, and I think at that point in time, roughly speaking, assets in ETS were roughly just 10 percent, 12 percent of assets in mutual funds and I was pretty convinced that that number was to increase significantly. I was employee number 10. RITHOLTZ: Which is really a pretty big number. billion dollars in AUM.

Clients 162
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Transcript: Ramit Sethi

The Big Picture

That led to the next three or four years of learning how to sell, how to create value, and not worry about selling out, but do it in a very ethical way. And I think that has been true since 2009 until now. And they do that for 35 years tweaking numbers I go you won, you won the game. Number two is travel. Do it my way.

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Global Leaders Investment Letter: August 2022

Brown Advisory

However, there is an important nuance in that more players have exited than the limited number who entered over time due to high barriers to entry and exit. The RoIC has been above 20% for every year of the past two decades except once at the depths of the global financial crisis in 2009. Recently governments in the U.S.,

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Transcript: Matt Levine

The Big Picture

And it restarted in, I wanna say March of 2009, but like onlya little bit. You were saying that you had a code of ethics, but then your CEO was sexually harassing people. Like that solves like a number of issues. And so I had the spreadsheet of every convertible bond deal that we or anyone else in the market did.

Banking 130