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With huge thanks to #UshaLaxman & #SrinivasLaxman, sharing a threat on #Scam1992 through #RKLaxman & #39;s eyes. Hopefully few will be educated on how everybody was covered. But be patient.. will update only one a day
@Moneylifers
@yogtoday
@Moneylifers
@yogtoday
This is when #chidambaram resigned over #Fairgrowth and there was a media frenzy. Eventually only #shankaranand really bowed out of politics. Every other neta escaped as always!
Nothing captures the madness better than this #scam1992 the Special Court continues to hear scam cases 28 yrs later and the Custodian has become a permanent body!! National Embarrassment -- continues in DHFL, PMC, IL&FS ... eventual action meaningless! @Moneylifers
This is a lovely one. For those babbling withou knowledge -- 28 yrs later- about why netas were not indicted, this was their condition after #Chidambaram resigned #Scam1992 @LaxmanLegacy
And dont miss this one ... against state of netas after #Scam1992 by the inimitable #RKLaxman @LaxmanLegacy has the copyright for these. Please note! @Moneylifers
If @nairsameer has his way country will probably discuss #Bofors again! :-) Continuing #Scam1992 cartoons by #RKLaxman . copyright RKIPR management @moneylifers
And for those who think #HarshadMehta did nothing wrong, this is what it looked like for us, as savers and depositors 28 years ago in #Scam1992. People were worried at the egregious mischief by the & #39;genius& #39; big bull. So wake up!
Many who binged watched #scam1992 be like this... all the questions they are asking... yes, #HarshadMehta was not the only scamster and even our source went through hell ... @Moneylifers @LaxmanLegacy
Another one... for those bleating about why #HarshadMehta alone was victimised. He was NOT...There were large scale arrests... some unfair, in PSU banks especially! Employees of CanaraBank, Fairgrowth, Stanchart ...jailed by the dozens #Scam1992 @LaxmanLegacy
Adding another today ... #Scam1992 ... such was the purge at banks -CEOs & Treasury heads of ALL foreign banks had to quit: Grindlays, HSBC, Citi, Stanchart among others. #RKLaxman conveys the atmosphere then! More #HarshadMehta scam education for bingewatch phds @LaxmanLegacy
Today& #39;s @LaxmanLegacy update -- we I have said, I and most media wrote about #HarshadMehta not being given bail for a long time. #Scam1992 The great #RKLaxman also highlighted it with sarcasm. Does anyone understand sarcasm today? or it died in the 1990s? @Moneylifers
Any guesses as to the ONE veteran Congressman who got out of politics after #Scam1992 ? Quiet exit, not noise, no punishment -- smooth as oil one would say ! @Moneylifers @nairsameer ... he was from what i consider my hometown of sorts!
Happy Diwali folks. Here& #39;s more from @LaxmanLegacy on #Scam1992 ... so those ranting about why chidambaram doesn& #39;t feature. the great #RKLaxman wondered too, and the JPC hearings gave him his answer! 
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😆" title="Lächelndes Gesicht mit geöffnetem Mund und fest verschlossenen Augen" aria-label="Emoji: Lächelndes Gesicht mit geöffnetem Mund und fest verschlossenen Augen"> #Fairgrowth #HarshadMehta
#Fairgrowth #HarshadMehta" title="Happy Diwali folks. Here& #39;s more from @LaxmanLegacy on #Scam1992 ... so those ranting about why chidambaram doesn& #39;t feature. the great #RKLaxman wondered too, and the JPC hearings gave him his answer! https://abs.twimg.com/emoji/v2/... draggable="false" alt="😆" title="Lächelndes Gesicht mit geöffnetem Mund und fest verschlossenen Augen" aria-label="Emoji: Lächelndes Gesicht mit geöffnetem Mund und fest verschlossenen Augen"> #Fairgrowth #HarshadMehta" class="img-responsive" style="max-width:100%;"/>
And for the dum*** who think #HarshadMehta did no wrong because @mehtahansal tugged at your heartstrings. The vast majority found brokers& #39; control over top #Banks bloody scary! As this shows #Scam1992 #HarshadMehta @Moneylifers #StateBank
At the start of a new samvat, a question that has troubled us despite all the indpt regulators after 1992 -despite SEBI, RBI, IRDA, PFRDA, TRAI, multiple JPCs etc the scams are unending . regulators always sleeping! #Scam1992 #RKLaxman said it then! @Moneylifers
You think this happened only in #Scam1992 ? Endless papers, multiple investigations pathetic outcome! #RKLaxman would apply to #ILFS #DHFL #PMCBank #NiravModi #Sandesaras -add your names! We create piles of papers to bury Scams not investigate them!
Greetings for #padwa ... #RKLaxman shows the chilling environment. Lesson in #Scam1992 for those who thought ONLY #HarshadMehta was punished! @LaxmanLegacy @Moneylifers @mehtahansal @SonyLIV @nairsameer
This is #RKLaxman & #39;s fun take on our Netas and scams-- they are no different today, a cartoon like this would lead to polarised outrage now, instead of making people smile! doesnt matter which party! @laxmanlegacy @Moneylifers
Everybody was learning on the job about shocking depth & breadth of #Scam1992 Nobody had all answers initially, least of all a bear cartel of brokers. Big chunks of the scam was informal markets Unit64, PMS, PSU bonds, BRs, SGL, bill discounting etc @laxmanlegacy @Moneylifers
This is a cute one from #RKLaxman ... those born after #Scam1992 wont understand how baffled everyone was by the computer itself! And #HarshadMehta had #password protected computers!! Imagine how clueless govt agencies were initially. This too changed afterwards @laxmanlegacy
And YET ANOTHER one... for the dumb brigade bleating "why no action against others". This mean heads of banks rolled #RKLaxman @laxmanlegacy #Scam1992 @Moneylifers
this was early into the #Scam1992 - in May @laxmanlegacy by #RKLaxman Given how PSU #Banks have been looted by big business, it is relevant even today -- in fact the chori of the tijori is much bigger!
YET another #RKLaxman cartoon that depicts the kind of clean up that happened at banks after the scam! Unfortunately, memory is short, even institutional memory and few bankers or bank chairman learnt any lessons! Bad loan saga says it all ! @Moneylifers @LaxmanLegacy
Ending this #RKLaxman #Scam1992 Series with two caricatures ..... @LaxmanLegacy RBI Governor S Venkitaraman
