Is anyone really surprised by this? I expect Indian companies to be as sound of an investment as Chinese companies. Their goal is not to generate shareholder value, but rather for the insiders and managers to extract as much money from the public as possible.
tourbladez on
If you are interested in some advice on bonds, Hindenburg will refer you to his fixed income specialist Titanic.
5 Comments
Not a bad read 
How can an entity be that incompetent?
*Laughs in SEC.*
Is anyone really surprised by this? I expect Indian companies to be as sound of an investment as Chinese companies. Their goal is not to generate shareholder value, but rather for the insiders and managers to extract as much money from the public as possible.
If you are interested in some advice on bonds, Hindenburg will refer you to his fixed income specialist Titanic.