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Debashis Basu Ì 2 Summary

The Scam

Tar The story told by Sucheta Dalal and Debashis Basu can't find a credible and informed couple of storytellers for these events First published in April 1993 the book was an immediate bestseller but had been out of print for a whileThis 8th edition of the scam includes the original Harshad Mehta Scam and the Ketan Pare. A good review with behind the scenes of the biggest scams that changed the face of the Indian Stock market Must read

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The most thrilling non fiction business book ever written in India A fast colourful narrative knitting together the life and times of all stock market players involved in two of India's biggest stock market scamsThe Scam a chronicle of two of the most famous scams in the Indian stock markets is now back in a digital ava. The authors start by expressing their gratitude towards Deep Throat name withheldOur understanding of complex transactions the nature of the players the specific deals and confidential conversations between top officials were all derived from long hours he has so generously spent with us in nondescript restaurants in the suburbsUnfortunately the authors do not provide any such hand holding to the reader as was provided to them Unless one is very familiar with how stock market securities debentures banks PSUs and regulators work one is left wondering at terms that are left unexplained The pity is that the understanding of those are essential to the bookOne wishes the authors didn t assume that their readers would be seasoned stock brokers or people who work in the financial sector One also wonders if people with such professions will bother to read the bookWho is this book for

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Kh Scam while also delving into the JPC Fiasco and the Global Trust Bank Scam The basic uestion that the book deals with is what really happened in the two great Indian scams The answer to this uestion detailed in the book brings up another important one Have we learnt anything since so that such things don't happen aga. its an amazing outline how these people made frauds and no one could really understand their frauds


10 thoughts on “The Scam

  1. says:

    THE SCAM is of an investigative report on the 2 defining stock market scams of recent times 1991 1992 made famous by Harshad Mehta and the Ketan Parekh escapade of 2001 The report for it is of a report than a book is exhaustive in its material stunning in its scope and breadth and appears complete and irrefutable in its analysis and conclusions This is not a book for beginners to be very honest; a basic assumpt

  2. says:

    The authors start by expressing their gratitude towards Deep Throat name withheldOur understanding of complex transactions

  3. says:

    An excellent front row account of one of the biggest cycle of rise and fall in the Indian markets A must read

  4. says:

    The book gives a very detailed insight into the 1992 scam The best thing about the book is that it first explains things separately from different points of view the brokers the banks the institutions and the government And later the authors explain how all of them are interconnected in forming the root of the scamAs for the 2001 sc

  5. says:

    A very detailed insight into the Harshad Mehta scam A real eye opener of the players involved the amounts involved and lapses and irregularities in the investigation and the punishments meted out Needs a couple of readings to understand the technicalities of the scam

  6. says:

    A good review with behind the scenes of the biggest scams that changed the face of the Indian Stock market Must read

  7. says:

    Will help you gain some perspective on powerplays and how things actually work on Dalal Street Worth a read

  8. says:

    A good account of the 2 biggest scams of Indian stock market But could have been written better It has a load of information but a bit incoheren

  9. says:

    its an amazing outline how these people made frauds and no one could really understand their frauds

  10. says:

    Comprehensive coverage on 1992 and 2001 scamAuthors cover in detail on how the 2 scams started with intricate web of transactions with mind boggling detail With good background in finance the Reader will thoroughly enjoy ev

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