And now a Rs 25 lakh crore "scam" in forex derivatives

Discussion in 'Economy & Infrastructure' started by ejazr, Mar 25, 2012.

  1. ejazr

    ejazr Stars and Ambassadors Stars and Ambassadors

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    I personally don't think of this as a scam. These are legitimate losses made during 2008 during the GFC when all financial markets were going haywire. These 19 banks had done wrong in flouting rules and should be punished, but they never "scammed" 25 lakh crore away. But that wouldn't stop it from making some juicy headlines.
     
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  3. Galaxy

    Galaxy Elite Member Elite Member

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    Tehelka is the most unreliable Media house in the country. Their news are not even worth mentioning. Recently, Their editor found taking bribe from Congress CM of Goa to not publish Goa Scam case. But anyways, This is not even Scam.
     
  4. Yusuf

    Yusuf GUARDIAN Administrator

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    Lol everything is termed as a scam.
     

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