Satyam Saga

I doubt if the entire truth is out in the ongoing Satyam Saga.  How is it possible for a big IT firm like Satyam to survive on a 3% operating margin as per Mr. Raju's email, when the other top IT firms are operating at more than 20% margin.  It appears that the entire facts are not out in this case.  The one thing, which comes to my mind is the operating margin of the company would be more than 20%, except for the 3%, the rest of the money would have been illegally diverted.  This is only speculation.  Only time will tell.  No company would try to run a loss making business for years to gether that too a company with no physical assets to match for.  There is a strong possibility that money would have been diverted, god knows to whom.  It is also intriguing to note that the actual employee strength of Satyam is not 53000 but way below that.  We'll have to wait till the investigations are complete to know the facts.