The Ultimate Sorrow

NEED FOOD FOR THE FAMILY.
GOD BLESS YOU.
WILL WORK.

This was caption of a placard that I saw today, in a leading English daily.The placard speaks well for itself.Well, I am not talking about begging or beggars, I saw this in the hands of a US resident from Miami, Florida, looking for work. A citizen from the country which is considered the paradise of job seekers is begging for a job to feed his family in time! A really painful sight! But he has no other go when he sees his kids crying out of hunger.

The alarming figures from the labor department will distress us, as we find that the lives of several people have been thrown in to uncertainty, by the devastating global recession, the longest since World War Two. The daunting rise in unemployment rate has made innumerable people in deep trouble. The scary part is that, many economic analysts are saying the worst is yet to come. God! Where’s US heading to? Is the answer clear from the caption of the placard that I saw today? No Idea!!!

Heartbreaking ‘Satyam’s

‘Ramalinga Raju Resigns From Satyam Computers, Admits Fraud’

An Indian copy of Enron Corporation with a fraud in the balance sheet and an inflated cash balance, and an Indian copy of Bernie Madoff, What more to say?

The startling revelation from Ramalinga Raju came after the company’s unsuccessful try to buy two construction firms. Moreover World Bank too recently dropped its ties with the company. God! What will happen to the 53000 employees who depend on the company, for their livelihood? The financial fraud at Satyam has left its 53,000 workers in a state of insecurity. Will their jobs be secure or will they be shown the door? If they are given pink slips, it is very difficult to get a successful placement; recession time & the tag of being from a tainted company. Reports say that many of the leading IT firms have advised their recruiting staff against entertaining calls from Satyam employees.

If at all everything turns out fine at the end (rarest chances, experts say) at Satyam, the biggest dent that awaits them would be the ‘trust’ factor of their clients and investors. After such a shocking revelation from the CEO, will any more clients be ready to outsource their projects to the company?