January 16, 2009

Word of the day

laissez-faire \les-ey FAIR\, adjective:
1. the principle that business, industry, trade, etc. should operate with a minimum of regulation and interference by government
2. maintaining the principle of letting people do as they please
This came from Dictionary.com today

Today's situation ( the Satyam debacle) will make you rethink the above.

Hope things look up for the innocent ones. Uncertainity can get really unbearable. There must be many - sole earners of the family, people who have just opted for a home loan, those who have just switched jobs, just moved abroad and so on.

3 comments:

Monika,Ansh said...

Yes, it is such a sad situation !

Krishnan said...

Quite a sorry situation indeed, hope the company turns around fast.

choxbox said...

Ditto as above.