Satyam Means Truth

Yesterday I posted on the Satyam fraud – Satyam is an Indian outsourcing company. Pricewaterhouse Coopers is Satyam’s auditor. And because PwC missed the $1 billion elephant in the room, they might have a problem: PwC said it was examining [Chairman and CEO] Raju’s statement but could not comment further due to confidentiality issues. The fraud could cause problems …