#Scam1992

First thing first, what was the₹5000 crore scam RBI/Media kept talking about? Was it about public loss in share market? Not exactly a scam.

Misuse of ₹500 crore SBI funds was understandable fraud/cheat. Just because "sab karte hai", doesn't make it right/legal. 1/5
Other question is where did he get money to repay SBI? That politician baba gave it to him. But from where?

Share market itself is a scam. Value of the company is all about public image, rather than the ground reality. It could be ₹100 crores company in share market with... 2/5
...only ₹1 crore worth of assets!

It could be a balloon or a bubble. Balloon will lose the air slowly. But you could pull out investment before you lose everything. While bubble is bound to burst some day. It could take few days, months, or even years to burst, but... 3/5
You'll lose everything you invested.

Only way company could stay afloat for longer time in share market is if it has a strong base, if it's actually selling products without losses.

Harshad Mehta creted an artificial bubble,worse than regular bubble. He used money of... 4/5
... common men from SBI(without their permission) to increase value of few companies. He was eventually going to run out of money to invest. And it did happen!

Bubble burst!

5/5
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