Achluophobia Fear of darkness.
Acousticophobia Fear of noise.
Acrophobia Fear of heights.
Agoraphobia Fear of open spaces or of being in crowded places.
Ailurophobia Fear of cats.
Alektorophobia Fear of chickens.
Alliumphobia Fear of garlic.
Allodoxaphobia Fear of opinions.
Altophobia Fear of heights.
Amaxophobia Fear of riding in a car.
Ambulophobia Fear of walking.
Ancraophobia or Anemophobia Fear of wind.
Androphobia Fear of men.
Anglophobia Fear of England, English culture, etc.
Anthrophobia Fear of flowers.
Antlophobia Fear of floods.
Anuptaphobia Fear of staying single.
Apeirophobia Fear of infinity.
Aphenphosmphobia Fear of being touched.
Apiphobia Fear of bees.
Apotemnophobia Fear of persons with amputations. Arachnephobia/Arachnophobia Fear of spiders.
Arithmophobia Fear of numbers.
Arrhenphobia Fear of men. Arsonphobia Fear of fire.
Astraphobia/Astrapophobia Fear of thunder and lightning.
Astrophobia Fear of stars/space.
Ataxophobia Fear of disorder or untidiness.
Atelophobia Fear of imperfection.
Athazagoraphobia Fear of being forgotton or ignored or forgetting.
Atychiphobia Fear of failure.
Aurophobia Fear of gold.
Automatonophobia Fear of ventriloquist's dummies, animatronic creatures, wax statues
Automysophobia Fear of being dirty.
Autophobia Fear of being alone or of oneself.
Aviophobia/Aviatophobia Fear of flying.
Bacillophobia Fear of microbes.
Bacteriophobia Fear of bacteria.
Bathmophobia Fear of stairs or steep slopes.
Batophobia Fear of heights.
Batrachophobia Fear of amphibians (like frogs)
Belonephobia Fear of pins and needles.
Bibliophobia Fear of books.
Botanophobia Fear of plants.
Brontophobia Fear of thunder and lightning.
Cacophobia Fear of ugliness.
Cainophobia/Cainotophobia Fear of newness, novelty.
Caligynephobia Fear of beautiful women.
Carnophobia Fear of meat.
Catagelophobia Fear of being ridiculed.
Catoptrophobia Fear of mirrors.
Cenophobia / Centophobia Fear of new things or ideas.
Ceraunophobia Fear of thunder.
Chaetophobia Fear of hair.
Chionophobia Fear of snow.
Chiraptophobia Fear of being touched.
Chirophobia Fear of hands.
Chorophobia Fear of dancing.
Chrometophobia/Chrematophobia Fear of money.
Chromophobia/Chromatophobia Fear of colors.
Chronomentrophobia Fear of clocks.
Cibophobia/Sitophobia/Sitiophobia Fear of food.
Claustrophobia Fear of confined spaces.
Climacophobia Fear of stairs.
Clinophobia Fear of going to bed.
Coimetrophobia Fear of cemeteries.
Coulrophobia Fear of clowns.
Cyberphobia Fear of computers.
Cyclophobia Fear of bicycles.
Cymophobia Fear of waves.
Cynophobia Fear of dogs.
Demophobia Fear of crowds.
Dendrophobia Fear of trees.
Dentophobia Fear of dentists.
Didaskaleinophobia Fear of going to school.
Dipsophobia Fear of drinking.
Dishabiliophobia Fear of undressing in front of someone.
Dromophobia Fear of crossing streets.
Eisoptrophobia Fear of mirrors.
Elurophobia Fear of cats.
Emetophobia Fear of vomiting.
Entomophobia Fear of insects.
Ephebiphobia Fear of teenagers.
Epistaxiophobia Fear of nosebleeds.
Equinophobia Fear of horses.
Ergophobia Fear of work.
Felinophobia Fear of cats.
Gamophobia Fear of marriage.
Geliophobia Fear of laughter.
Genophobia Fear of sex.
Gephyrophobia, Gephydrophobia, or Gephysrophobia Fear of crossing bridges.
Gerascophobia Fear of growing old.
Glossophobia Fear of speaking in public or of trying to speak. Gynephobia/Gynophobia Fear of women.
Haphephobia/Haptephobia Fear of being touched.
Harpaxophobia Fear of being robbed.
Heliophobia Fear of the sun.
Hemophobia/Hemaphobia/Hematophobia Fear of blood.
Hierophobia Fear of priests or sacred things.
Hominophobia Fear of men.
Hylophobia Fear of forests.
Iatrophobia Fear of doctors.
Ichthyophobia Fear of fish.
Judeophobia Fear of Jews.
Keraunophobia Fear of thunder and lightning.
Kymophobia Fear of waves.
Lachanophobia Fear of vegetables.
Ligyrophobia Fear of loud noises.
Limnophobia Fear of lakes.
Liticaphobia Fear of lawsuits.
Lockiophobia Fear of childbirth.
Logizomechanophobia Fear of computers.
Logophobia Fear of words.
Lygophobia Fear of darkness.
Macrophobia Fear of long waits.
Mageirocophobia Fear of cooking.
Maieusiophobia Fear of childbirth.
Megalophobia Fear of large things.
Melissophobia Fear of bees.
Methyphobia Fear of alcohol.
Microphobia Fear of small things.
Misophobia Fear of being contaminated with dirt/germs.
Monophobia Fear of solitude or being alone.
Motorphobia Fear of automobiles.
Musophobia/Murophobia Fear of mice.
Necrophobia Fear of death / dead things.
Neophobia Fear of anything new.
Nosocomephobia Fear of hospitals.
Numerophobia Fear of numbers.
Ochlophobia Fear of crowds or mobs.
Ophidiophobia Fear of snakes.
Ophthalmophobia Fear of being stared at.
Ornithophobia Fear of birds.
Pedophobia Fear of children.
Peladophobia Fear of bald people.
Phasmophobia Fear of ghosts.
Placophobia Fear of tombstones.
Plutophobia Fear of wealth.
Pogonophobia Fear of beards.
Potamophobia Fear of rivers or running water.
Pteronophobia Fear of being tickled by feathers.
Pupaphobia fear of puppets.
Pyrophobia Fear of fire.
Rhytiphobia Fear of getting wrinkles.
Rupophobia Fear of dirt.
Scolionophobia Fear of school.
Selachophobia Fear of sharks.
Sesquipedalophobia Fear of long words.
Tachophobia Fear of speed.
Technophobia Fear of technology.
Telephonophobia Fear of telephones.
Testophobia Fear of taking tests.
Theophobia Fear of gods or religion.
Trypanophobia Fear of injections.
Venustraphobia Fear of beautiful women.
Verbophobia Fear of words.
Verminophobia Fear of germs.
Vestiphobia Fear of clothing.
Xenoglossophobia Fear of foreign languages.
Zoophobia Fear of animals
Tuesday, July 7, 2009
Monday, July 6, 2009
Obama's diplomacy being tested in Russia
MOSCOW – President Barack Obama opened his first Moscow summit with confidence on Monday, predicting "extraordinary progress" out of meetings set to test his diplomatic skills on important priorities such as nuclear arsenal reductions and the fight in Afghanistan.
"The United States and Russia have more in common than they have differences," Obama said he sat down in an ornate Kremlin room with Russian President Dmitry Medvedev. "If we work hard in these next few days ... we can make extraordinary progress that will benefit the people of both countries."
"The United States and Russia have more in common than they have differences," Obama said he sat down in an ornate Kremlin room with Russian President Dmitry Medvedev. "If we work hard in these next few days ... we can make extraordinary progress that will benefit the people of both countries."
With both men eager to reset damaged relations, Obama's host launched the high-stakes summit with similar good will.
"We'll have a full-fledged discussion of our relations between our two countries, closing some of the pages of the past and opening some of the pages of the future," Medvedev said, through a translator. "It is my hope that it will be possible to tackle successfully" a range of problems from the economy to security and energy and the environment.
The first U.S.-Russia summit since the early part of the George W. Bush presidency presents a challenge for Obama, with Russia home to a wary public, a two-headed leadership and lingering hard feelings. What much of the world will watch are signs of Obama's relationship with Russia's two leaders, Medvedev and his mentor, Prime Minister Vladimir Putin.
The foundation set now could affect how much cooperation Obama gets in areas in which the U.S. needs help from Russia — chiefly pressuring Iran and North Korea to give up their nuclear weapons ambitions, but also in tackling terrorism, global warming and the economy.
Both sides talked going in of improving ties and of the importance of early results.
Agreements negotiated ahead of time give Obama something to take home before the summit even got under way, including another step toward the world's two largest nuclear powers reducing their arsenals and agreement from Russia to let the United States use its territory and air space to move arms into Afghanistan for the forces fighting extremists there.
Other side agreements meant to sweeten the talks included a new joint commission to try to account for missing service members of both countries dating back to World War II. Four working groups will look into missing military personnel from World War II, the Korean War, the Vietnam War, the Cold War and Soviet military personnel still missing from Moscow's 10-year occupation of Afghanistan.
The White House also said that the two countries have agreed to cooperate in the fields of public health and medical research, an arrangement intended to range across public health issues from infectious diseases to promotion of healthy lifestyles to improving global health.
Yet, the two sides remain in a stalemate over the U.S. pursuit of a missile-defense system in Europe. Obama's administration is reviewing the efficacy of plan, which Bush had pushed hard.
U.S. leaders have expressed hope of getting Russian cooperation on missile defense. But both sides have also shown signs of hardening their positions ahead of the summit.
The basic problem is unchanged: The U.S. contends the program is designed to protect U.S. allies in Europe from a potential nuclear attack by Iran, but the Russians see it as a first step toward a system that could weaken their offensive nuclear strike potential.
"We're going to have to work our way through that," Adm. Mike Mullen, chairman of the U.S. Joint Chiefs of Staff, told "Fox News Sunday."
Obama's distinctive Air Force One jetliner touched down with drizzly gray skies blanketing Moscow. He continued down a formal reception line on the airport tarmac, introducing his wife, Michelle, and their two daughters to the Russian officials waiting to greet them.
The entourage then headed directly to a wreath-laying ceremony at Russia's Tomb of the Unknown Soldier, brilliant sun breaking over the city's center through the days of clouds as they drove in. The president walked slowly behind three high-stepping Russian soldiers, then straightened the wreath's ribbon where they placed it in front of the eternal flame and stood alone briefly.
The summit starts a weeklong trip for Obama that also features G-8 meetings and a visit with the pope in Italy, and a speech in Ghana.
Obama's mission in Moscow is two-pronged, divided over two days. Building ties and inking security and cultural deals with the leadership comes first. He will also devote a prominent amount of time to leaders of Russia's civil society to help those relationships, too.
There is plenty of room for improvement. Obama, who has enjoyed adoring crowds in travels across Europe so far, will face a skeptical Russian population, polling out Sunday shows.
Only 23 percent of Russians have confidence in Obama to do the right thing in international affairs, according to the University of Maryland's WorldPublicOpinion.org. Just 15 percent of the Russians polled said the U.S. is playing a positive role in the world; most said the United States abuses it power and makes Russia do what the U.S. wants.
"I would like there to be real change, not just talk," said Valentina Titova, a 60-year-old retired economist strolling not far from the Kremlin. "I would like to see America meddle less in other countries. They think they're so superior to others, they put themselves on a pedestal."
Aiming to change attitudes, Obama will outline his vision for U.S.-Russian relations at a speech at the New Economic School. It is unclear how many people will see it. Russian leaders control the television outlets.
The dominant theme of the summit is security, and Obama and Medvedev are set to announce progress toward renewing a strategic arms reduction pact that expires in December. The eventual deal could cut warheads from more than 2,000 each to as low as 1,500 apiece.
"At the moment I think we are all moderately optimistic, both the Russian side and the American side, so far as I know," Medvedev said ahead of Obama's arrival in an interview with Italian news outlets.
As Obama told a Russian-language news channel in the days before the summit: "America respects Russia. We want to build relations where we deal as equals."
Yet he also caused a stir in Russia by telling The Associated Press last week that Putin has to learn that "the old Cold War approaches to U.S.-Russian relations is outdated." That only elevated the stakes of Obama's first meeting with Putin, which is set for Tuesday.
Russia and the United States have been allies and adversaries. Obama inherited more of the latter, with relations having tanked in 2008 over Russia's war with neighboring Georgia.
Obama got off to a solid start, though, with Medvedev during an April meeting in LondoFriday, January 30, 2009
News
- Wall Street Bonuses May Go Way of Dodo Amid Government Bailouts
The Wall Street bonus, considered a sacred ritual, may become the industry’s biggest casualty as governments worldwide bail out financial institutions.
UBS AG told to reduce bonuses after the Swiss government gave the country’s biggest bank a $59.2 billion lifeline. Bank of is under pressure to scale back payouts after New York Attorney General Andrew Cuomo subpoenaed executives earlier this week for information on compensation and President Barack Obama just yesterday that bonuses handed out by banks represent “the height of irresponsibility.”
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The current system of “asymmetric compensation,” in which people are rewarded when they do well and aren’t required to return the rewards when they lose money, is detrimental to society and needs to change, said Nassim Taleb, professor at New York University and author of “The Black Swan: The Impact of the Highly Improbable,” in an interview.
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The current system of “asymmetric compensation,” in which people are rewarded when they do well and aren’t required to return the rewards when they lose money, is detrimental to society and needs to change, said Nassim Taleb, professor at New York University and author of “The Black Swan: The Impact of the Highly Improbable,” in an interview.
The worst economic crisis since the Great Depression, a $700 billion taxpayer bailout in the U.S. and the demise of three of the biggest securities firms -- Bear Stearns Cos., Lehman Brothers Holdings Inc. and Merrill Lynch & Co. -- didn’t deter investment banks from offering year-end rewards to employees on top of their salaries.
Financial companies in New York City paid cash bonuses of $18.4 billion last year, the sixth-most in history, even as they posted record losses, according to data compiled by the office of state Comptroller Thomas DiNapoli.
Drain the Pool
“We won’t arrive at a situation where there are no bonuses,” Stephen Green, chairman of HSBC Holdings Plc, said at a press conference in Davos today. “There are always parts of companies that are profitable, and if somebody’s been working in a profitable business in a market where bonuses are a normal part of compensation, it’s difficult sometimes to say you won’t have any bonuses in that business.”
NYSE Euronext Chief Executive Officer Duncan Niederauer said today in Davos that “some compensation models need to be completely overhauled.” He added that this would be difficult to legislate and companies will have to take the lead.
“While a number of people clearly do create wealth by brain power, by use of the company’s balance sheet and by other resources, other people have been receiving incentives for basically turning up,” Barclays Plc Chairman Marcus Agius said at the World Economic Forum. “That I don’t think is very smart. An incentive system properly designed and fairly calibrates is absolutely fundamental.”
Subpoena for Thain
Zurich-based UBS cut its 2008 bonus pool by more than 80 percent to less than 2 billion Swiss francs ($1.75 billion) after the company was forced to accept government funds in October. Chief Executive Officer Marcel Rohner, his 11 colleagues on the executive board and Chairman Peter Kurer won’t get any variable pay for last year. www.designwalas.com
Former Lynch CEO John Thain was asked this week by the New York attorney general’s office for information about payouts made before the largest brokerage firm was acquired by Charlotte, North Carolina-based Bank of America. The U.S. Treasury agreed earlier this month to provide $20 billion of capital and $118 billion in asset guarantees to Bank of America, the country’s biggest mortgage lender, to help absorb losses at New York-based Merrill.
Treasury Funds
Wall Street firms need to “show some restraint and show some discipline,” Obama said yesterday, with Treasury Secretary Geithner and Vice President Biden at his side.
Obama’s attack on “shameful” bonuses may lead to new pay limits and management restrictions as the price for companies that seek out government aid. Senator Banking Committee Chairman Dodd went further, vowing to use “every possible legal means to get the money back.”
Dodd, a Connecticut Democrat, plans to summon executives whose companies received taxpayer aid to testify before his committee and explain their bonuses.
“You’re never going to get any support for the continued tough decisions we have to make if this kind of behavior continues,” Dodd said. “We can’t be underwriting to the tune of billions of dollars, whether it was used directly or indirectly. This infuriates the American people.”
The Treasury Department has injected about $200 billion into banks across the country through its Troubled Asset Relief Program. Banks and financial companies have fired 265,000 people since the collapse of the subprime mortgage market triggered the financial crisis.
‘Don’t Fly’
Charles Elson, director of the University of Delaware’s John Weinberg Center for Corporate Governance, said it would be “very difficult” for the Treasury to recoup bonuses.
“Usually these bonuses were contractually made and paid out based on a formula unless you can show bad faith, some intentional misconduct,” Elson said. “These are situations where monies were paid under a contract, and the worst you can accuse these people of is of making very bad decisions.”
People such as Robert Rubin who received more than $100 million while serving as chairman of New York-based Citigroup Inc.’s executive committee, should be punished for their failure to understand the risks their institutions were taking, said Taleb, author of “The Black Swan.” A spokesman for Rubin declined to comment.
“These people make excuses, after the fact, saying that nobody saw it coming and that you couldn’t predict it,” Taleb said in an interview. “That’s no excuse. If you know there are storms, don’t fly. And if you fly, fly with someone who knows about storms.”
Unless Rubin and others are required to return their bonuses or are punished in some other way, Taleb said a regerettable system emerges “where profits are privatized and losses are nationalized.”
TARP Authority
Treasury has the authority under legislation that created the Troubled Asset Relief Program to issue regulations that “claw back” excessive executive compensation, and that may give the administration some authority to go after excessive pay, said Larry Hamermesh, a corporate law professor at Widener University in Wilmington, Delaware.
“It was pretty clear from TARP I that the secretary of the Treasury was supposed to establish a provision for executive claw-back,” Hamermesh said in a phone interview. “How the secretary has implemented that isn’t clear.”
The Treasury could require companies that request additional funds to repay excessive bonuses as a condition of the further financing, Hamermesh said.
“If they come around to ask again, they could say, ‘We’re going to deny it unless they cough up the bonuses,’” he said.
Zimbabwe cholera cases top 60,000
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This figure had been described by the UN's health agency and other agencies as being the "worst case scenario" in the epidemic which broke out in August.
Cholera has now claimed the lives of more than 3,000 people in Zimbabwe.
The epidemic of the disease, which broke out in August 2008, has been fuelled by the collapse of Zimbabwe's water, sanitation and health systemswww.designwalas.com
Many hospitals have shut down and most towns suffer from poor water supply, broken sewers and uncollected waste.
Aid workers fear the rainy season could lead to even more infections as water sources become contaminated.
The UN agency said the outbreak "showed no signs of abating" and called for urgent action from the international community to help tackle the situation.
"We are dealing with an extraordinary public health crisis that requires from us all an extraordinary public health emergency response, and this must happen now before the outbreak causes more needless suffering and death," the WHO's Dr Eric Laroche said.
The epidemic has been exacerbated by the political and economic problems facing Zimbabwe.
Many medical staff have been refusing to work unless they get paid in hard currency, because the value of the Zimbabwean dollar is virtually worthless.
The charity Medecins Sans Frontieres told the BBC last week that the disease was spreading to remote areas, making its containment much harder.
President Robert Mugabe has faced increasing criticism over his country's dire economic and humanitarian plight.
www.designwalas.com
Friday, January 23, 2009
Hot 5 News
Suspected US missile strike kills 10 in Pakistan
ISLAMABAD(Ref:Times of India): Missiles fired from a suspected US spy plane killed 10 people on Friday in Pakistan just east of the Afghan border, a lawless region where al-Qaida militants are known to hide out, security officals said. At least five of the dead were identified as foreign militants, an intelligence officer said. The strike was the first on Pakistani territory since the inauguration of President Barrack Obama, but the latest in a barrage of more than 30 since the middle of last year. Pakistan's pro-US leaders had expressed hope Obama would halt the attacks, which have reportedly killed several top al-Qaida operatives but triggered anger at the government by nationalist and Muslim critics. www.designwalas.com Islamabad routinely protests the strikes in the northwest as a violation of the country's sovereignty, but most observers speculate it has an unwritten agreement allowing them to take place, noting it would be highly damaging to be seen as colluding with Washington in attacks on its people. One drone fired three missiles into the village of Zharki in North Waziristan, hitting two buildings over the space of 10 minutes, the security officials said. They spoke on condition of anonymity because they were not authorized to speak to the media. At least 10 people were killed, they said. Their names were not released. The United States rarely acknowledges firing the missiles, which are mostly fired from drones believed launched from neighboring Afghanistan, but there is little doubt it is responsible. Washington is pressing Pakistan to crackdown on militants in the border, which it blames for rising attacks on Western troops in Afghanistan as well as violence within Pakistan. Earlier Friday, a suicide attack and a roadside bomb killed two soldiers and three civilians in the Swat Valley, a one-time tourist destination close to the border region, officials said. www.designwalas.com Pakistan has launched military offensives in parts of the northwest , but insurgents are making inroads Swat, blowing up schools, killing police and soldiers and calling for the imposition of a hardline interpretation of Islamic law. Militancy in Swat is seen as especially dangerous for Pakistan because the valley lies away from the areas where al-Qaida and the Taliban have traditionally operated. An indication of the difficulties facing the government, more than 1,000 hard-liners demonstrated in the capital, saying there would only be peace in Swat and other frontier regions if the government severs its ties with the United States. ``The lawlessness cannot end until the end of the pro-America policy,'' one speaker told the crowd gathered close to the Parliament building in Islamabad. |
At least five of the dead were identified as foreign militants, an intelligence officer said.
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The strike was the first on Pakistani territory since the inauguration of President Barrack Obama, but the latest in a barrage of more than 30 since the middle of last year.
Pakistan's pro-US leaders had expressed hope Obama would halt the attacks, which have reportedly killed several top al-Qaida operatives but triggered anger at the government by nationalist and Muslim critics.
Islamabad routinely protests the strikes in the northwest as a violation of the country's sovereignty, but most observers speculate it has an unwritten agreement allowing them to take place, noting it would be highly damaging to be seen as colluding with Washington in attacks on its people.
One drone fired three missiles into the village of Zharki in North Waziristan, hitting two buildings over the space of 10 minutes, the security officials said. They spoke on condition of anonymity because they were not authorized to speak to the media.
At least 10 people were killed, they said. Their names were not released.
The United States rarely acknowledges firing the missiles, which are mostly fired from drones believed launched from neighboring Afghanistan, but there is little doubt it is responsible.
www.designwalas.com
Washington is pressing Pakistan to crackdown on militants in the border, which it blames for rising attacks on Western troops in Afghanistan as well as violence within Pakistan.
Earlier Friday, a suicide attack and a roadside bomb killed two soldiers and three civilians in the Swat Valley, a one-time tourist destination close to the border region, officials said.
Pakistan has launched military offensives in parts of the northwest , but insurgents are making inroads Swat, blowing up schools, killing police and soldiers and calling for the imposition of a hardline interpretation of Islamic law.
Militancy in Swat is seen as especially dangerous for Pakistan because the valley lies away from the areas where al-Qaida and the Taliban have traditionally operated.
An indication of the difficulties facing the government, more than 1,000 hard-liners demonstrated in the capital, saying there would only be peace in Swat and other frontier regions if the government severs its ties with the United States.
www.designwalas.com
``The lawlessness cannot end until the end of the pro-America policy,'' one speaker told the crowd gathered close to the Parliament building in Islamabad.
- Paterson Taps Gillibrand for Clinton's Senate Seat:-
- Satyam Questions Claims of Fudged Headcount
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"As of now, we believe there are 53,000 employyes is subject to verification and auditing," a Satyam spokesperson told PTI and said: "The board has confirmed that prima facie there appears to be no basis to doubt the same."
The new board, constituted by the union government after a Rs 7,800 crore accounting fraud was disclosed Satyam founder Ramalinga Raju, met for the third time in 13 days.
An independent investigation process is expected to reaffirm the head count in the coming weeks, the company said in a statement, while controverting the serious doubts raised regarding the employee numbers by external authorities.
Andhra Pradesh CID had on Thursday informed a local court that Satyam's founder Ramalinga Raju had admitted that employees numbers were inflated by over 12,000, by which he drew over Rs 20 crore a month towards staff costs.
www.designwalas.com
The meeting of the new board, chaired by Tarun Das, took a number of decisions for smooth business operation, arranging liquidity and assuaging clients. It also announced shortlisting the final three for the post of CEO and CFO and that a final decision would be taken in the next week.
"Robust" collection from receivables helped the board breathe easy, as it interacted with a number of bankers and a decision would be taken in the next few days as to who the banker would be.
Taking note of the demanding financial situation, board member Deepak Parekh said that funding arrangements are in the final stages of being concluded and would be formally announced before January 28.
Parekh also indicated that the immovable properties of the company, including campuses, could be mortgaged to raise funds, saying "they are free of any encumbrance."
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On the hunt for new CEO and CFO, the board said: "This is a crucial decision for the company and its stakeholders."
"We fully recognize the urgency and importance to have the right person with the right experience and abilities (as CEO and CFO) to successfully steer the company through these turbulent times," it said
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The board also said that the company was addressing customer issues and has spoken to two dozen key customers and individuals.
"A few large customers have already visited the company's development centres in India and have expressed their satisfaction on the team's commitment towards their projects," the statement said.
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Satyam's director Kiran Karnik said: "There is a pronounced shift in customer's attitude. From being alarmed in the initial days, it has changed to a sense of cautious optimism. The planned actions will have a distinct impact on the customer confidence."
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