behind every scam in india, there's usually a kaaangress-wallah.
nobody knows what chidambaram did here, but there's reason to believe there was insider trading going on. some insiders would have benefited, for sure.
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Prasanna D Zore and Syed Firdaus Ashraf | October 18, 2007 | 17:15 IST
He is a man with a mission. As founder-president of the Investors' Grievances Forum he is�a messiah of small investors. And now, Kirit Somaiya has taken up cudgels against Finance Minister P Chidambaram.
The former Lok Sabha MP from Mumbai North East has blamed the finance minister and the stock market regulator, the Securities and Exchange Board of India, for the market hitting a lower circuit on October 17 and the subsequent recovery after the FM's statement.
To prove his point, Somaiya said,�he is going to file a complaint against the FM and Sebi with the Chief Vigilance Commissioner, the Comptroller and Auditor General and Sebi itself