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India’s Enron

ONLINE EXCLUSIVE

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Waters: What does this accounting scandal mean for existing Satyam contracts?

Randall Parks, Hunton and Williams: It puts them all at risk. If you are a Satyam customer what you are looking for most in a long-term partner is stability and integrity and this calls both into question. It may be that the new board and the government can restore the necessary level of confidence but that is far from clear right now. We're seeing a significant amount of anxiety from clients about their relationships

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