U.S. client (State Farm Insurance) cancels contract with fraud-hit Satyam [View All]

[UpInArms]

Source: Reuters

BANGALORE (Reuters) - Fraud-hit Satyam Computer Services Ltd (SATY.BO) said on Monday a U.S.-based client had canceled its contract, dealing a blow to the embattled Indian outsourcer caught in the country's biggest corporate scandal.

State Farm Insurance Co has terminated its contract, a Satyam spokeswoman said, confirming a report in India's Mint newspaper on Monday, but she declined to give details of the contract.

"While we are disappointed in State Farm's decision to discontinue services, our executives are reaching out to clients around the world, and at this point, well over 90 percent of our clients have committed to continuing with Satyam," she said.

The Mint newspaper said State Farm Insurance was among Satyam's biggest clients.

Read more: http://www.reuters.com/article/ousiv/idUSTRE50I12E20090119

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Maybe they could use American workers - and invest in this country's infrastructure instead of outsourcing and off-shoring.

Oh, that's right - it's just the consumer who is supposed to "buy American" - the corporations don't have to take any responsibility or ever be held accountable.