A fund manager from a rival firm, Harry Markopolos, warned SEC about Bernie Madoff 5 times b/w 2005 & 08.. They ignored him.. When the 2008 crash happened.. Madoff had no money to pay his investors.. Thats how his Ponzi of 17 years came out & nangafied him
SEBI & GOI have ignored warnings & signals about Adani all these years.. It took some Hindenburg to nangafy him.. If #Modani still doesnt discipline his puppet Adani.. worse will happen.. Its a warning sign... SEC ignored Madoff @pramodrama@atulborkar80
And the beauty is.. Bernie Madoff scammed investors the max.. esp his Jewish community.. when he was Prez of Nasdaq for 3 years and an advisor to SEC... Hahaha.. Its an unbelievable scam.. Adani better take the signals seriously..
In the 2008 crash.. investors who lost their homes, jobs demanded only return of 7bn from Madoff.. but he didnt have the money though he scammed 65Bn.. He had to tell his 2 sons it was a Ponzi op.. and the sons turned him over to FBI.. Madoff & his wife tried to commit suicide..
Madoff & his wife Ruth tried to commit suicide.. but the FBI prevented that.. one of his sons committed suicide.. the other died of cancer.. Ironically, his niece was married to an SEC official who was investigating Madoff..
Adan is not a criminal like Madoff.. But he would do well to stop fudging share prices & balance sheets & dismantle his jungle of 38 shell Cos.. Karma is not a beach in Goa.. Its right at your doorstep.. Modi wont save your skin for his own.. END OF STORY!
My estimate of what happened 1. FPO fully subscribed by Shell-Jungle & Modani stooges when retail investors thooked at it 2. Call must have gone from #Modani gang to withdraw as it taints the puppeteer of Adani 3. Hence, grandly claim "moral uprightness"
Nobody is writing off Adani you little dildo.. but he will be cut down to his "normal" size and his shares will also settle to a reasonable value that reflects the company's value.. So take your whining rant elsewhere...
Delisting can be done without reference to shareholders.. but it would only mean either bankruptcy, total collapse of shares or a sinking of the company...
Absolutely NOT... Those jailed under SC/ST act are HINDUS... There is no way @NarendraModi will want bail for Hindus... this "Bail money" nonsense is clearly for his Pasmanda criminals...
With all these businesses, phenomenal govt support.. there is absolutely no need for #Adani to indulge in any skullduggery to manipulate share prices or fudge accounts.. Excessive greed kills the goose..
Bullshytt.. Its in a Communist, Crony Capitalist State that the govt plays an important role in propping up #FinPoodles.. In a capitalist state you have to do it on your own.. govt wont hold it for you..
As for American crooks in business.. they regularly go to jail.. theres a separate thread I wrote this morning on it.. and govt breaks down companies that loot consumers through monopoly... Please peddle such nonsense to some Soshit, Vanchit.. not me..
NirmalaS is so boring.. I didnt even listen to her stupid budget speech... although I had predicted she will blabber "Amrit Kaal" some 8 times.. I guess she would have crossed that number and put everyone to sleep..
So... you feel offended & bring in MMS? Hahhaa.. MMS was as inspiring as a goat singing "Mujhe tum se mohabbat hai"... and you have put NS in that category too.. You are actually further degrading Nirmala with such comparisons.. Dont compare NS with IG..
You continue with bogus arguments.. as if Twitter/FB has grandly scrutinised Indian cos vs US cos & businessmen.. Obviously, you are ignorant of how strongly US businesses are scrutinised not just on SM but also Watchdogs & Congress. Let me give you a tour
Early 20th century.. Prez Roosevelt targeted Rockefeller & his Standard Oil & SCOTUS finally broke down its monopoly to 30-40 Cos.. Can you show me which Indian business has been scrutinised thus & broken down for monopolistic practices? @goyalsanjeev? Zero.. None!
As against the breaking up of Standard Oil.. Indian govts have consistently promoted monopolistic practices of some Cos.. incl Reliance & Adani.. Are you blind to all this @goyalsanjeev? And you claim Twitter & FB scrutinise Indian Cos more?.. LOL!
The only innovation I credit to Dhirubhai Ambani is that he made the stock market endearing for the common man in mass numbers.. other than that Reliance has no real innovation.. Backward integration is not an innovation..
Every new business challenges existing players.. If thats the measure .. then Nirma challenged biggies much better.. but thats not "innovation" per se..