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VOA标准英语2009年-Indian Government Yanks Lifeline for Scandalize

时间:2009-02-19 02:37:40

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Indian officials are ruling out a government bailout for one of the country's largest information technology enterprises, Satyam Computer. This comes following speculation2 Satyam was under consideration to receive a lifeline from the government after its founder3 - who admitted to conducting $1 billion-plus fraud - was arrested.
 
Media personnel wait outside office of Satyam Computer Services Ltd. in Hyderabad, India, 08 Jan 2009

Government officials say they will try to preserve the jobs of tens of thousands of Satyam employees, but are not looking to bail1 out the high-tech4 company.

Minister of State for Industry Ashwani Kumar says India's government is not going to directly or indirectly5 subsidize what he calls "wrongdoing and fraud in Satyam."

Earlier, some top government officials had said a massive cash bailout was under consideration.

Satyam - one of India's largest software and outsourcing entities6 - is in a deep crisis, after founder B. Ramalinga Raju revealed he had falsified company accounts to the tune7 of nearly $1.5 billion.

Despite the depth of the financial debacle, Indian minister of state for corporate8 affairs, Prem Chand Gupta, tells reporters it is premature9 to talk of a government rescue package for the troubled company and that Satyam has not requested such a bailout.

"The company may not need that. They have sufficient receivables. Their clients are all triple-A class clients. And, then, now it is for the new board [of directors] to take a view," said Gupta.

The government appointed a board of eminent10 outsiders, after ousting11 the corporation's directors.

Analysts12 say the situation at Satyam is so confusing it is difficult to know just how many employees and clients the company has, let alone ascertain13 its financial standing14.

Satyam has appointed two new auditing15 firms to examine the extent of the fraud and restate financial results for the publicly-traded company. Once that happens, Satyam may be able to approach equity16 partners or banks for a loan.

Satyam had a valuation of $7 billion, six months ago but its shares have plunged17 about 90 percent since the scandal came to light, last week.

Authorities say Satyam founder Raju has admitted falsely inflating18 profits for years. Raju, his brother and Satyam's former chief financial officer have been jailed and face criminal charges.

Satyam's clients include many of the world's largest corporations.


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1 bail Aupz4     
v.舀(水),保释;n.保证金,保释,保释人
参考例句:
  • One of the prisoner's friends offered to bail him out.犯人的一个朋友答应保释他出来。
  • She has been granted conditional bail.她被准予有条件保释。
2 speculation 9vGwe     
n.思索,沉思;猜测;投机
参考例句:
  • Her mind is occupied with speculation.她的头脑忙于思考。
  • There is widespread speculation that he is going to resign.人们普遍推测他要辞职。
3 Founder wigxF     
n.创始者,缔造者
参考例句:
  • He was extolled as the founder of their Florentine school.他被称颂为佛罗伦萨画派的鼻祖。
  • According to the old tradition,Romulus was the founder of Rome.按照古老的传说,罗穆卢斯是古罗马的建国者。
4 high-tech high-tech     
adj.高科技的
参考例句:
  • The economy is in the upswing which makes high-tech services in more demand too.经济在蓬勃发展,这就使对高科技服务的需求量也在加大。
  • The quest of a cure for disease with high-tech has never ceased. 人们希望运用高科技治疗疾病的追求从未停止过。
5 indirectly a8UxR     
adv.间接地,不直接了当地
参考例句:
  • I heard the news indirectly.这消息我是间接听来的。
  • They were approached indirectly through an intermediary.通过一位中间人,他们进行了间接接触。
6 entities 07214c6750d983a32e0a33da225c4efd     
实体对像; 实体,独立存在体,实际存在物( entity的名词复数 )
参考例句:
  • Our newspaper and our printing business form separate corporate entities. 我们的报纸和印刷业形成相对独立的企业实体。
  • The North American continent is made up of three great structural entities. 北美大陆是由三个构造单元组成的。
7 tune NmnwW     
n.调子;和谐,协调;v.调音,调节,调整
参考例句:
  • He'd written a tune,and played it to us on the piano.他写了一段曲子,并在钢琴上弹给我们听。
  • The boy beat out a tune on a tin can.那男孩在易拉罐上敲出一首曲子。
8 corporate 7olzl     
adj.共同的,全体的;公司的,企业的
参考例句:
  • This is our corporate responsibility.这是我们共同的责任。
  • His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。
9 premature FPfxV     
adj.比预期时间早的;不成熟的,仓促的
参考例句:
  • It is yet premature to predict the possible outcome of the dialogue.预言这次对话可能有什么结果为时尚早。
  • The premature baby is doing well.那个早产的婴儿很健康。
10 eminent dpRxn     
adj.显赫的,杰出的,有名的,优良的
参考例句:
  • We are expecting the arrival of an eminent scientist.我们正期待一位著名科学家的来访。
  • He is an eminent citizen of China.他是一个杰出的中国公民。
11 ousting 5d01edf0967b28a708208968323531d5     
驱逐( oust的现在分词 ); 革职; 罢黜; 剥夺
参考例句:
  • The resulting financial chaos led to the ousting of Bristol-Myers' s boss. 随后引发的财政混乱导致了百时美施贵宝的总裁下台。
  • The ousting of the president has drawn widespread criticism across Latin America and the wider world. 洪都拉斯总统被驱逐时间引起拉丁美洲甚至全世界的广泛批评。
12 analysts 167ff30c5034ca70abe2d60a6e760448     
分析家,化验员( analyst的名词复数 )
参考例句:
  • City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
  • I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。
13 ascertain WNVyN     
vt.发现,确定,查明,弄清
参考例句:
  • It's difficult to ascertain the coal deposits.煤储量很难探明。
  • We must ascertain the responsibility in light of different situtations.我们必须根据不同情况判定责任。
14 standing 2hCzgo     
n.持续,地位;adj.永久的,不动的,直立的,不流动的
参考例句:
  • After the earthquake only a few houses were left standing.地震过后只有几幢房屋还立着。
  • They're standing out against any change in the law.他们坚决反对对法律做任何修改。
15 auditing JyVzib     
n.审计,查账,决算
参考例句:
  • Auditing standards are the rules governing how an audit is performed.收支检查标准是规则统治一个稽核如何被运行。
  • The auditing services market is dominated by a few large accounting firms.审计服务市场被几家大型会计公司独占了。
16 equity ji8zp     
n.公正,公平,(无固定利息的)股票
参考例句:
  • They shared the work of the house with equity.他们公平地分担家务。
  • To capture his equity,Murphy must either sell or refinance.要获得资产净值,墨菲必须出售或者重新融资。
17 plunged 06a599a54b33c9d941718dccc7739582     
v.颠簸( plunge的过去式和过去分词 );暴跌;骤降;突降
参考例句:
  • The train derailed and plunged into the river. 火车脱轨栽进了河里。
  • She lost her balance and plunged 100 feet to her death. 她没有站稳,从100英尺的高处跌下摔死了。
18 inflating 3f6eb282f31a24980303279b69118db8     
v.使充气(于轮胎、气球等)( inflate的现在分词 );(使)膨胀;(使)通货膨胀;物价上涨
参考例句:
  • I felt myself inflating slowly with rage, like a tyre. 我感到自己体内的怒气正慢慢膨胀,像一只轮胎那样。 来自互联网
  • Many are already overheating, with prices rising and asset bubbles inflating. 随着物价日益上涨、资产泡沫膨胀,很多新兴国家经济已经过热。 来自互联网

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