Mr. Harishchandra/ the other SP ??

by garam_kuta Fri Sep 30, 2011 8:46 am

Let's be clear about one
thing: the stock market and investors worldwide desire only one thing:
increasing profits. Nobody really cares about how these profits are
made. So if a management bribes politicians (it happens everywhere) and
keeps landing plum contracts, markets don't really care. Markets are not
there for morality. As long as the management doesn't get caught doing
the act, everything is fine.

So, there is no point in being
hypocritical. If this drive against corruption has the effect (and it
will) of reducing decision- making and project implementation, it will
reduce GDP growth, and erode corporate profitability. Remember,
fairly-won public contracts rarely have any profitability. It's almost
always sweetheart deals that carry supernormal profits. Mark my words
... if lynch mobs are going to run the country, we are heading for a
very dark period.

http://www.samachar.com/Indias-growth-story-gone-down-the-drain-Shankar-Sharma-lj4hKefgfhb.html?utm_source=top25_most_read&utm_medium=web&utm_campaign=samachar_homepage

by truthbetold Mon Oct 03, 2011 5:50 pm

Let me try to understand. Corruption is everywhere. So if Mr.x is breaking rules and looting country for thousands of crores, it does not matter. Most of the country are not investors and do not benefit from the financial shananigans that Mr. Sharma is supporting.

Why should an ordinary citizen tolerate corruption and allow corporates to get away? To term the mass protests of Anna Hazare as lynch mobs shows this guys lack of social awareness.

Most developed countries do run transparent contracting process and companies are making decent profits. He is an ignoramus and should be ignored. Hope somebody at First global reads this interview and kicks him where it hurts.

Mr. Harishchandra/ the other SP ??

Mr. Harishchandra/ the other SP ??

Re: Mr. Harishchandra/ the other SP ??